EUROPE ALLOY STEEL SCRAP: Prices rise on continued nickel strength

By Viral Shah / February 02, 2018 / www.metalbulletin.com / Article Link

The UK inter-merchant price range for austenitic alloy steel scrap rose by ?20-30 per tonne this week with nickel prices remaining strong, sources said on Friday February 2.

Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-980 ($1,351-1,394) per tonne delivered on Friday, compared with ?920-960 per tonne on January 26.The London Metal Exchange three-month official nickel bid/offer spread was $13,820/13,830 per tonne on February 2. This was up week-on-week from $13,765/13,770 per tonne on January 26."We have raised our offer price to deal with competition for materials, but...

Recent News

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com

Gold stocks down as metal slumps and equities rise

May 19, 2025 / www.canadianminingreport.com

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok