Tight supply, Indian competition pushes up European stainless steel scrap prices

The price of stainless steel scrap increased in Europe amid tight availability and competition with Indian buyers, Fastmarkets heard on Friday September 15.

Fastmarkets’ weekly assessment for stainless steel scrap 18/8 solids import, cif main European port was €1,320-1,340 ($1,412-1,433) per tonne on Friday, up by €20-30 per tonne from €1,290-1,320 per tonne....


Ross Yeo

September 15, 2023

19:38 GMT