HomeNon-ferrous MetalsRaw materials Stainless steel scrap buyers mull alternative to 'volatile' LME nickel price More stainless steel producers were considering whether to turn away from using an exchange price to fix the cost of the nickel portion in scrap material, after trade in nickel was suspended on the London Metal Exchange in March when there was a wild spike in the price. “Over the past 10 weeks, we have been using the old-school method, just making bids and coming up with a fixed number [in nickel pricing] where the stainless scrap supplier... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Julian Luk May 25, 2022 17:55 GMT Barcelona Keywords stainless steel scrap LME nickel price recycling BIR Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
