Stainless scrap prices pick up steam with LME
Dec 11, 2012 | 12:21 PM
| Thorsten Schier
Tags
stainless scrap,
304 clips and solids,
316 clips and solids,
scrap prices,
Thorsten Schier
NEW YORK — Stainless scrap prices have risen again due to higher nickel prices on the London Metal Exchange.
Processors are now buying 304 clips and solids at $1,680 to $1,750 per gross ton, up from $1,635 to $1,680 per ton previously; and 316 clips and solids at $2,310 to $2,350 per ton, up from $2,250 to $2,320 per ton.....
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