stainless steel

Market participants are reporting a current balance between supply and demand but are expecting lower offers for the remainder of the year. The combination of low interest rates and satisfactory...
‘All of stainless steel’s major intrinsic alloys have rallied somewhat during the year in terms of price and so some correction during the fourth quarter would not come as a surprise,...
Optimism in the marketplace has been boosted by an improvement in all alloying metal prices. Higher nickel values, firmer steel scrap and expectations of an increase in chrome prices in the coming...
Figures from the International Stainless Steel Forum show that China was responsible for around 53% of the first-quarter world output total with its 6.225 million tonnes - an increase of 19.4%, or...
Their stand at the UK's leading RWM recycling show on September 12-14 will feature working metal separation equipment, including Master Magnets' Eddy Current Separator and the Bunting Stainless Steel...
Compared to late April, 304 scrap prices have declined from US$ 1180-1230 to US$ 1060-1110 per tonne while 316 values have retreated from US$ 1530-1580 to US$ 1460-1510. During the same period, 409...
Stainless steel scrap prices have made further strong progress since our previous report in late January, with the 304 grade advancing from US$ 1240-1290 to US$ 1290-1340 per tonne and the 316...
Despite shifting ferrous prices, chrome scrap values have remained within their existing ranges of US$ 320-360 per tonne for 409 material and US$ 420-460 for the 430 quality. News from the...
While nickel has been tracing its various ups and downs during the course of September, scrap prices have remained relatively stable. As the month draws to a close, buying price ranges for 304 and...
The higher nickel values witnessed recently are attributed largely to speculation and uncertainty over the Philippines’ mining policy and its effect on the country’s nickel ore output....
Tightening global supply - resulting from mine closures in the Philippines, a recovery in stainless steel demand and reduced stainless steel scrap availability - has changed the mood in the nickel...
Once again, China accounted for more than half of the world's output. Compared to January-March last year, Chinese stainless steel melt shop production climbed 3.8% from 5.015 million tonnes to 5.203...
Both companies are based in the US city of Pittsburgh. ARM operates five scrap processing facilities in western Pennsylvania as well as a ferrous and non-ferrous scrap brokerage business. In addition...
Stainless steel scrap prices have mirrored these moves - but within a tighter range - and currently stand at US$ 1030-1080 per tonne for the 304 grade and US$ 1330-1380 for the 316 quality. Chrome...
The committee’s latest World Mirror, released at the BIR convention in Berlin on May 30, reveals that China’s crude stainless steel output increased by 4.8% year on year in the first...
Recapture Plastics' facility is designed to handle up to 25 tonnes per hour of recycled plastic materials, with scope for future expansion. Plastic is sourced from across the UK, mostly in baled form...
In Europe, underlying demand in key sectors outside of oil and gas is thought likely to continue healthy ‘but stock levels among distributors are still above historical averages’, it says...
At 21.562 million tonnes, China produced well over half of the world total although its output was still 0.6% down on 2014. Year-on-year production declines were also recorded by Western Europe/...
While the 304 stainless scrap price has increased to US$ 980-1030 per tonne from US$ 920-970 and 316 material to US$ 1280-1330 from US$ 1200-1250, chrome scrap values have headed in the opposite...
Compared to the prices noted in our report of mid-January, 304 stainless steel scrap has seen an increase from US$ 890-940 per tonne to US$ 920-970 whereas the 316 quality is unmoved on US$ 1200-1250...
As emphasised by a number of reports to the Mirror, severely compromised scrap generation is placing a strain on merchants' margins. From Italy, the shortage of scrap is described as 'perhaps the...
Latest price indications mirror those reported in the late-November issue of Recycling International, with the 304 and 316 qualities of stainless steel scrap clinging to, respectively, US$ 890-940...
The news has been released at the end of a difficult year for the stainless steel market, characterised by sharp declines in prices both for stainless product and for scrap. As reported in the...
Addressing the divisional meeting in Prague last week, Nick Rose of UK-based Tandom Metallurgical Group echoed these same sentiments in his world market summary. 'It was never going to be the year of...
Only from the south of Europe have higher numbers of up to US$ 1100 per tonne been heard for 304 for stainless steel. Chrome scrap prices also followed the general downtrend in steel scrap prices,...
The stainless steel scrap market has been affected by high stocks of finished stainless goods as well as by ever-weaker and 'unsustainable' pricing for all alloying elements. 'Availability of...
The final month of the third quarter brought yet more price erosion for stainless steel scrap. Having dipped sharply in August to US$ 1100-1150 per tonne, the 304 quality dropped again in September...
Although demand from the mills appears to be satisfactory, scrap availability is at a very low level and depressed prices do not provide scope for market players to make any profit. And there seems...
Although chrome scrap prices have held up reasonably well over recent weeks, the story has been completely different for stainless steel scrap: the 304 quality has dropped from US$ 1240-1290 per...
The 304 quality tumbled from US$ 1240-1290 per tonne to US$ 1100-1150 while the range for 316 material has been clipped from US$ 1570-1620 to just US$ 1430-1480. By comparison, chrome scrap prices...

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