Industry News

Stainless steel scrap buyers mull alternative to 'volatile' LME nickel price

Update time : 2022-05-26 18:02:14

More stainless steel producers were considering whether to turn away from using an exchange price to fix the cost of the nickel portion in scrap material, after trade in nickel was suspended on the London Metal Exchange in March when there was a wild spike in the price.

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