Stainless, Nickel Down on Virus
Mar 27, 2020 – Stainless scrap prices were lower this week across the U.S., along with retreating benchmark nickel prices on the London Metal Exchange (LME).
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Stainless Scrap Prices Tick Higher
Mar 9, 2020 – U.S. stainless scrap prices ticked higher last week mostly on short supply and reduced flow, but also on concerns surrounding Coronavirus, tariffs and container shortages.
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Stainless Scrap Prices React to Coronavirus
Jan 30, 2020 – Stainless scrap turned lower this week reacting to affects the Coronavirus may have on China’s economy. LME nickel prices were down nearly 7-1/2 percent for the week.
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Stainless Market Sluggish, Prices Tick Slightly Higher
Jan 23, 2020 – Austenitic (300 series) stainless scrap prices ticked higher this week and Ferritic (400 series) prices held steady as a tight supply chain maintained its grip on prices.
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Doldrums for Stainless Market at Year End
Dec 7, 2019 – Low demand, skittish nickel prices, lower scrap prices, even lean inventories at consuming mills haven’t helped to pull the struggling stainless market out of the doldrums.
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Aluminum Market on Ominous Edge
Dec 7, 2019 – Aluminum’s looming problems could change for the worse when new rules governing the London Metal Exchange force the disclosure of “hidden” inventories.
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