HomeSteelSteel raw materialsAlloy steel scrap UK 316 stainless scrap stock squeeze triggers price rises The price of grade-316 stainless steel scrap increased at the high end of the range in the week to Friday February 10 because certain traders have found themselves with a shortfall for February deliveries, Fastmarkets heard. The reason for the shortfall was that some market participants are nervous about the price of molybdenum, a key alloy of grade-316 stainless steel, correcting downwards, and had been therefore... Email this article Your details Please enter your name Please enter your email address Please enter your email address Your recipients's details Please enter at least one recipients email address Please enter valid email address You can enter a maximum of 5 recipients. You can enter a maximum of 5 recipients. Use ; to separate email addresses. Please enter at least one recipients name Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Ross Yeo February 10, 2023 17:47 GMT London Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
