EUROPE ALLOY STEEL SCRAP: Demand from India supports domestic grade-316 price rise

The price of grade-316 stainless steel scrap in the UK and Europe moved higher this week with support from demand from Indian buyers, sources told Fastmarkets on Friday February 14.

Fastmarkets’ price assessment for stainless steel scrap 316 solids, domestic, delivered merchants UK, increased by £40-50 per tonne to £1,200-1,230 ($1,560-1,599) per tonne from £1,150-1,190 per...


Ross Yeo

February 14, 2020

18:19 GMT