Stainless steel 18/8-grade solids prices in the UK’s domestic merchant market were up this week on rising nickel prices on the London Metal Exchange (LME), market participants said. The £25 ($40) per tonne increase for currently available material comes despite little improvement in physical scrap demand, sources said. Since the start of September prices had held firm in the £1,200/250 per tonne range. The rise is an incdicator of ever-present pricing pressures in the stainless scrap market, they...

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