Prices of austenitic alloy steel scrap in the UK domestic market were stable this week at last week's closing level amid relatively stable nickel prices, sources told Fastmarkets on Friday September 6.
A surge in the nickel contract on the London Metal Exchange on August 30 of 9.6% day on day resulted in higher scrap prices, which in turn widened upward the range of scrap prices for that week. Nickel prices...