19 Dec 2013
December 19, 2013

Stainless Scrap Prices Continue Climb

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Stainless steel scrap processor buying prices continued to strengthen this week alongside a continuing nickel rally on the London Metal Exchange and tightness in available material, market participants said.

Dealer and processor sources both noted an increase in the 300 grades due to the LME’s current rally and reported tightness in material available in market.

Excerpts from American Metal Market December 18, 2013