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NSSC cuts prices of nickel-alloy stainless steel scrap for May

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Nippon Steel & Sumikin Stainless Steel Corporation (NSSC), the largest stainless steel producer in Japan announced to cut the purchasing prices of the nickel-alloyed stainless steel scraps by ¥5,000/ton for May deliveries, effective on May 8th.

It’s said that NSSC decided to cut the prices of nickel-alloyed stainless steel scrap for May as it forecasted that the scrap price may decrease further due to the sluggish nickel price.
News Date 17 May 2012 16:18:05 reported by Ivy Wei

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