EUROPE ALLOY STEEL SCRAP: UK prices inch up on higher nickel costs

European domestic prices for stainless steel scrap have increased over the past week, supported by the higher cost of nickel, sources told Fastmarkets on Friday August 7.

Fastmarkets' weekly price assessment for stainless steel scrap, 18/8 solids, domestic, delivered merchants UK, was ?850-880 ($1,118-1,157) per tonne on Friday, up by ?10 per tonne from ?840-870 per tonne on July 31.
The assessment reflected deals heard in the market.

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