In the domestic stainless steel scrap market, the nickel series scrap market is slowly rising due to the rising LME nickel market index and the weaker yen. Cr-based products have remained flat at high prices, partly due to a conscious increase in recycling ratios among stainless specialty steel makers. On a market basis, Series 304s are priced at 200-205 yen and 210-215 yen for manufacturers and export shippers. 316s are priced at 360-400 yen. With Mo high, the downside is also being raised. Any of the generation remains low. Cr-based products are also available at 80-84 yen on a special steel manufacturer's bid basis for 430-only, and 75-80 yen for mixed Cr for export. The term "Cr-based" covers a wide range. Those containing minor amounts of Ni, Nb, and Mo are also available. In particular, the amount of Nb-containing Cr used in automobile mufflers has been increasing rapidly recently.

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