SUSscrap Market Watch2021 # 12 Both Ni-based and Cr-based are firmly bullish
05/19/2021 17:21
The prices of all kinds of raw materials are rising, but the same is true for stainless steel. Similar to iron scrap, stainless scrap is creating new value when illuminated with the keyword of decarbonization. Nickel-based products are being pushed up by the triple rise in the LME nickel market, and chromium-based (400 series) are now being pushed up by rise of iron scrap prices rather than that of ferrochrome prices.
This article is for members only. You can read the rest after application confirmation.
Register now Login
Register now Login
Related articles
- 08/17/2025 Bangladesh's Current Economic state: Exploring Political, Industrial, and Socioeconomic Factors Impacting Growth
- 07/11/2025 Tungsten Scrap: Supply as Sparse as a Drop of Water in a Barren Desert
- 07/06/2025 The Most Critical and Terrible Metal Right Now: Tungsten Enters Uncharted Territory
- 06/11/2025 USA Recyclers File #3: GLOBAL REFINING GROUP WEST, ELG, TRIPLE M METAL, ACEROS AZA S.A.
- 06/10/2025 USA Recyclers File #2: SPECTRUM ALLOYS, MONICO ALLOYS, OmniSource, LLC
- 06/10/2025 USA Recyclers File Vol.1 – YE CHIU (Metalico), CRONIMET, and 74 Alloys (Tungco)
- 05/26/2025 Winds from San Diego: Stable Stainless Demand in the U.S., but Uncertain Outlook for the Global Market
- 05/26/2025 Winds from San Diego: India as the Future Core of the Global Circular Economy
- 05/20/2025 Winds from San Diego, Part 3 — An Interview with ReMA President Robin Wiener
- 04/01/2025 REC Co., Ltd.: Transforming from the Heisei Era into the Reiwa Era
