The UK inter-merchant price range for austenitic alloy steel scrap roseby ￡30-50 per tonne this week as the nickel price rebounded, sourcessaid on Friday October 6.Metal Bulletin’s weekly price assessment for inter-merchant 18/8scrap solids in the UK was ￡850-900 ($1,120-1,185) per tonne deliveredon Friday. This compared with ￡820-850 per tonne on September 29.The London Metal Exchange three-month official nickel bid/offerspread was $10,575/10,580 per tonne on October 6. This was downfrom $10,655/10,675 per tonne on September 29.
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