EUROPE ALLOY STEEL SCRAP: Lower nickel cost offset by tight UK supply

The prices of alloy steel scrap in the UK domestic market were largely unchanged this week despite lower nickel costs, because tight supply continued to provide pricing support, sources told Fastmarkets on Friday November 4.

Fastmarkets’ weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, on Friday was £950-980 ($1,276-1,316) per tonne, narrowing downward by £20 per...

Published

Ross Yeo

December 04, 2020

18:00 GMT

London