Stainless scrap prices hold on tight supply

Mar 12, 2013 | 12:29 PM | Daniel Fitzgerald

Tags  stainless scrap prices, scrap demand, stainless scrap, London Metal Exchange, stainless, nickel prices, Daniel Fitzgerald

NEW YORK — Stainless scrap processor buying prices have held steady amid waning demand and tight supply, and market sources say some dealers are holding material until prices improve.

Prices for 304 clips and solids remain unchanged in a range of $1,525 to $1,570 per gross ton, while 316 solids and clips remain at $2,200 to $2,260 per ton.....

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