Stainless scrap prices drop again as nickel falls
Apr 16, 2013 | 03:44 PM
| Daniel Fitzgerald
NEW YORK Stainless scrap broker/processor buying prices have dropped again on the back of plunging official nickel prices and a continued lack of mill demand.
Type 316 solids dropped to a range of $2,075 to $2,130 per gross ton from $2,150 to $2,200 previously, while Type 304 solids dropped to a range of $1,400 to $1,455 per ton from $1,450 to $1,525 previously.
Type 304 turnings also decreased to a range of $1,250 to $1,300 per ton from $1,300 to $1,350 previously, while 430 solids tightened to a range of $465 to $495 per ton from $465 to $500 previously. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.