European austenitic alloy scrap prices were largely stable this week, although further losses are possible while the market's fundamentals remain weak.
The exception was European import 18/8 stainless scrap solids, the price range for which slipped to ?,?930-950 ($1,060-1,083) per tonne cif, down by ?,?20 per tonne, according to Fastmarkets MB's assessmentDemand is poor, as it has been since October when finished stainless steel producers began exercising...