UK alloy steel scrap price ranges increased and also widened in the past week amid volatile nickel prices and weakness of sterling versus the dollar, sources told Fastmarkets on Friday July 26.
After increasing sharply since the start of July, this week nickel prices were volatile but ended lower week on week. Sources said, however, that the lack of a steady trend meant that many had thought that values would recover.The price of nickel, 3 months,...