EUROPE ALLOY STEEL SCRAP: Prices stable during summer slowdown

The stainless steel scrap market was stable this week amid typically quiet summer activity, sources told Fastmarkets on Friday July 31.

Many market participants are absent for holidays while stainless steel mills are undergoing their usual summer shutdowns, meaning demand for scrap is low.

One trader in Europe was anticipating a push in September from mills for lower...

Published

Ross Yeo

July 31, 2020

15:45 GMT

London