Stainless scrap prices rise in lackluster market
Aug 28, 2012 | 12:45 PM
| Thorsten Schier
Tags
stainless scrap,
scrap prices,
304 clips and solids,
316 clips and solids,
nickel prices,
London Metal Exchange,
Thorsten Schier
NEW YORK — Stainless steel scrap broker buying prices have bumped up in line with nickel prices, even though volumes remain tepid as some sellers hold out for higher numbers and most brokers aren’t aggressively looking for material.
"The sellers are waiting and the buyers are dragging their feet," one dealer source said. ....
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