Austenitic alloy steel scrap prices in Europe and the UK have decreased sharply for the second week running on weak demand and material oversupply, traders told Fastmarkets on Friday September 20.
Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK was ?820-870 ($1,024-1,067) per tonne on Friday, down by ?100-110 per tonne week on week. Fastmarkets' price assessment for stainless steel scrap 316 solids, domestic, delivered merchants UK was...