Nickel scrap prices fall on softer stainless

Apr 09, 2012 | 12:12 PM | Thorsten Schier

Tags  nickel scrap, nickel clips and solids, nickel turnings, Inconel, stainless, high-temperature alloys, 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.

"Everybody’s waiting to see what’s going to happen with nickel," a scrap dealer in southeastern Canada said. "I’ve seen a lot of demand slowdown. The (stainless) service centers are hesitant to buy."....

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