Stainless scrap consumer buying prices fall

May 14, 2013 | 04:20 PM | Daniel Fitzgerald

Tags  stainless scrap, scrap prices, consumer buying prices, stainless scrap demand, stainless demand, Daniel Fitzgerald

NEW YORK — Stainless scrap consumer buying prices have dropped amid low demand and reports of oversupply, although broker/processor prices rebounded slightly as terminal nickel markets jumped.

Consumers purchased 316 solids and clips at $2,300 to $2,350 per gross ton, down from $2,375 to $2,425 per ton previously; 304 solids fell to $1,625 to $1,675 per ton from $1,740 to $1,790 per ton; 304 turnings dropped to $1,450 to $1,500 from $1,590 to $1,615 per ton; 430 bundles fell to $560 to $580 per ton from $580 to $600 previously; and 409 bundles slipped to $475 to $500 from $510 to $520 per ton....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events