Nickel scrap prices fall on softer stainless
Apr 09, 2012 | 12:12 PM
| Thorsten Schier
NEW YORK Nickel scrap tags have fallen on the back of weaker nickel prices and softer demand from stainless producers.
"Whenever nickel falls, everybody holds off," a Northeast scrap dealer said.
"Everybodys waiting to see whats going to happen with nickel," a scrap dealer in southeastern Canada said. "Ive seen a lot of demand slowdown. The (stainless) service centers are hesitant to buy."....
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