Stainless steel scrap prices rise

Oct 15, 2013 | 12:04 PM | Rey Mashayekhi

Tags  stainless scrap, scrap prices, nickel prices, London Metal Exchange, LME, Rey Mashayekhi

NEW YORK — Stainless scrap broker/processor buying prices experienced a slight uptick alongside marginally higher nickel tags, but dealers and traders noted a quiet market with limited activity.

Processor buying prices for Type 316 solids rose to $1,820 to $1,880 per gross ton from $1,800 to $1,860 per ton previously.....

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