Stainless processors stimulate scrap flow
Nov 27, 2012 | 04:37 PM
| Thorsten Schier
NEW YORK Processor buying prices for stainless scrap have risen for the second week in a row as processors look to stimulate scrap flow in a lackluster market, with sources saying generally higher nickel prices on the London Metal Exchange are playing only a secondary role.
Personally, I dont think it has that much to do with the slightly higher nickel prices. Theyre trying to stimulate some flow, one broker told AMM. ....
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