Stainless scrap levels out; mart eyes post-July 4 signs

摘要

Stainless steel scrap broker/processor buying prices have arrested their slide, with many market participants waiting until after the July 4 holiday for a clearer indication on pricing. The only grade to show movement was 304 turnings, which fell to $ 1,050 to $ 1,100 per gross ton from $ 1,075 to $1,120 previously. Holding steady were 304 solids, at $1,200 to $1,255 per ton, and 316 solids, at $1,850 to $1,925 per ton.