Inquiries : 9 - 2015-9-25 16:08:10
NEW YORK (ScrapRegister): US stainless steel HR coil prices edged up during the week ended September 11,while stainless steel scrap prices on Scrap Register Price Index stayedflat.
A shorter workingweek in the US due to the Labor Day holiday on Monday meant activity was tepidat best, with transactions largely concluding at the lower end of a $450-460 ashort ton range.
TSI¡¯s daily USMidwest index for stainless Steel HR coil ticked up a few dollars overthe week to $453 a short ton FOB Mill.
Prices have remainedunusually range bound since April, trading in a $26 a short ton range (between$444-470 a short ton).
However, theprices of major stainless steel scrap commodities like 201 SS, 301 SS, 309 SS,310 SS and 330 SS stayed flat on Scrap Register US Price Index during the week.