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High nickel prices & low supply push UK 's stainless steel scrap prices

发布时间:[2021-9-2 10:23:22]    浏览量:70次
At the end of August, the domestic sales price of stainless steel scrap in the UK market largely increased due to the rising of nickel prices as well as the continuing shortage of supply. Because of the control of anti-epidemic policy, the supply of stainless steel scrap in the UK market has been limited.

The summer off-season has not yet ended, so the current market atmosphere is relatively cold. It was expected that the prices will go up even more after the off-season finishes.

In the last week of August, the price of 304 stainless steel scrap increased by 4%-7.7% compared to the previous week, while that of 316 scraps was up by 2.7%-5.3% week on week.
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