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Taiwanese domestic stainless steel scrap price down by TWD 10 kg

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by - 5/12/2010 3942 Views

In these three days there is a price drop for Nickel by 20% on LME

In these three days there is a price drop for Nickel by 20% on LME reported price decrease by TWD 10 per Kg for Taiwanese domestic stainless steel scrap.

 The scrap price closely follows the trend of nickel price. The nickel price on LME has dropped to about USD 22,000 per tonne.

Nickel price is expected to fall drastically according to the speculators out there and the worst part of it is that these prices will not regain its shape over the next two weeks.

Category : General

Tags : General Scrap, Metal Scrap,


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About Benny

For the past three years I have been working for RecycleinME .To help our valued members of RecycleinME, I involved in researching the current market trend of various scrap materials.more info

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