US’ stainless steel scrap prices increase slightly

US’ stainless steel scrap prices increase slightly

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According to the market in the US, the stainless steel scrap prices showed strong recently, mainly caused by the worry of supply.

Although the supply issue caused the market price to increase, the range of increment of stainless steel scrap in the US was still not followed to the nickel price, which represented the demand side was still not that well.

Among them, the market price of stainless steel scrap in the US this week showed around US$0.15-0.2 increment range from last week.

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