UK, EU stainless scrap prices move up amid tight supplies, Q4 optimism

The price of austenitic stainless steel scrap in the UK and Europe increased in the week to Friday September 8, amid tight availability and optimism for better demand in the fourth quarter, sources told Fastmarkets.

In the UK inter-merchant market, traders said there was optimism that the terms agreed with stainless steel mills could be improved in October and some were increasing their purchase prices...


Ross Yeo

September 08, 2023

16:21 GMT