EUROPE ALLOY STEEL SCRAP: Austenitic prices pulled higher by rising nickel costs

The cost of austenitic alloy steel scrap in the UK and Europe increased again over the past week on higher nickel costs, sources told Fastmarkets on Friday February 19.

Fastmarkets’ weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was £1,150-1,200 ($1,601-1,670) per tonne on Friday, an increase of £20 per tonne week on...

Published

Ross Yeo

February 19, 2021

18:25 GMT

London