Stainless scrap rises with nickel tags, demand

Nov 20, 2012 | 12:58 PM | Thorsten Schier

Tags  stainless scrap, stainless, 304 clips and solids, 316 clips and solids, Thorsten Schier

NEW YORK — Nickel-bearing stainless scrap tags have risen due to higher nickel prices and slightly more buying interest from processors.

Currently, 304 clips and solids are selling for $1,455 to $1,525 per gross ton, up from $1,435 to $1,500 per ton previously; and 316 clips and solids are between $2,125 and $2,195 per ton, up from the prior range of $2,105 to $2,175 per ton.....

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