EUROPE ALLOY STEEL SCRAP: Prices stable on minimal alloy component cost movements

July 03, 2021 / www.metalbulletin.com / Article Link

The price of 18/8 (grade-304) stainless steel scrap in UK and Europe was unchanged this week because of relatively stable nickel costs, Fastmarkets heard on Friday July 2.

Fastmarkets' weekly assessment for stainless steel scrap 18/8 solids domestic, delivered merchants UK was ?1,200-1,250 ($1,655-1,724) on July 2, unchanged week on week.

The three month London Metal Exchange price of...

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