EUROPE ALLOY STEEL SCRAP: Europe prices up on tightness despite lower nickel costs

The price of austenitic alloy steel scrap in Europe moved higher this week because of tight supply, despite nickel costs dropping off sharply through the week, Fastmarkets heard on Friday August 20.

Fastmarkets' weekly assessment for stainless steel scrap 18/8 solids import, cif main European port was €1,600-1,670 ($1,869-1,951) per tonne on Friday, up...


Ross Yeo

August 20, 2021

16:35 GMT