Stainless scrap prices fall to 2009 low
Jun 18, 2013 | 12:24 PM
| Daniel Fitzgerald
NEW YORK Stainless steel scrap broker/processor buying prices have fallen to their lowest levels since June 2009, with market participants lamenting a lack of domestic or export demand amid plunging nickel prices.
Type 304 solids dropped to a range of $1,275 to $1,335 per gross ton, down from $1,345 to $1,410 previously; 304 turnings fell to $1,120 to $1,175 per ton from $1,185 to $1,250; and 316 solids slipped to $1,960 to $2,015 per ton from $2,000 to $2,065. ....
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.