Nickel drop weighs on UK 18/8 stainless scrap solids prices

May 04, 2012 | 09:02 AM |

Prices for stainless steel scrap solids in the UK inter-merchant market fell this week, forced down by drops on the LME nickel market, merchants told Metal Bulletin.
UK 18/8 solids were trading at £1,130-1,160 per tonne delivered ($1,829-1,877) on Friday May 4, down from £1,140-1,190 on April 27. ....





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