Stable UK, Europe stainless steel scrap market caught between low demand, seller resistance

The price of stainless steel scrap in the UK and Europe was unchanged this week, despite continued low demand and pressure on prices from buyers, market sources told Fastmarkets on Friday July 14.

Fastmarket’s weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was £900-1,000 ($1,176-1,307) per tonne on Friday, unchanged week on week.


Ross Yeo

July 14, 2023

17:28 GMT