Scrap advantage

Profile

pg52-greer-gif

Hot metal prices have given 'scrap' a whole new meaning. Stainless-steel scrap – an alloy of nickel, chrome and iron – is being snapped up and recycled at a record pace, driven by steep prices of raw metals and blistering demand from China. The benchmark three-month price of nickel on the London Metal Exchange (LME) is currently at $13,500 a metric ton. Stainless-steel scrap prices are currently at the US$ 1,400-1,500 level.

The currently wide discount for stainless-steel scrap compared to nickel

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here