28
May
16:08
New Indonesian stainless supply seen depressing scrap prices
The European stainless steel scrap market is likely to see significant price decreases in the coming months as regional mills struggle to compete on cost with increased Indonesian finished stainless steel supply. This is according to the Bureau of International Recycling (BIR)’s stainless steel & special alloys committee.
Nickel prices rose to a high of $15,790/tonne in April from $10,800/t last December, while molybdenum has ranged from $15,000/t to $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous