Stainless scrap processor prices edge lower
Mar 05, 2013 | 04:32 PM
| Thorsten Schier
Tags
stainless scrap,
304 clips and solids,
316 clips and solids,
scrap prices,
nickel prices,
LME,
Thorsten Schier
NEW YORK Stainless scrap processor buying prices have taken another tumble on lackluster mill demand and continued weak nickel prices.
Prices for 304 clips and solids are now trading at $1,525 to $1,570 per gross ton vs. $1,525 and $1,600 per ton a week ago, with 316 clips and solids now at $2,200 to $2,260 per ton compared with $2,200 to $2,275 per ton previously. ....
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