Tag: steel alloys
Tightness gripping stainless scrap supply and margins
| India had proved to be a particularly strong market for stainless steel scrap over recent months but mills’ buying interest had waned owing to difficulties in selling their finished stainless products against a backdrop of weak global demand. So said Jonathan Bower of ELG Haniel Metals in presenting his summary of latest market developments worldwide to the BIR Stainless Steel & Special Alloys Committee meeting in Berlin.
