Stainless steel scrap market demand continues to waver in the United States heading into year-end, further weighing on prices.
"There is no energy in this market and no one seems to be interested in moving to buy material... We just keep drifting down [on prices]," one US dealer source said. "Still cautious with mill discounting very aggressive into the end of the year inventory reduction programs, from service center customers through and including [the consuming steel] mills, etc," one domestic processor source said. Fastmarkets AMM's...