EUROPE ALLOY STEEL SCRAP: Prices up on higher nickel costs, supply

The price of alloy steel scrap in the UK domestic market increased in the week to Friday August 27 because of higher nickel costs and an ongoing tightness of supply, sources told Fastmarkets.

Fastmarkets' weekly assessment for stainless steel scrap 18/8 solids domestic, delivered merchants UK was £1,300-1,400 ($1,785-1,922] per tonne on Friday, up by £50-100 per tonne week on week.

The price of nickel, the key alloy...

Published

Ross Yeo

August 27, 2021

14:03 GMT

London