Daily Chinese 316 Stainless Steel Scrap Prices Fall 0.6%

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On March 11, 2013, Chinese 316 stainless steel scrap saw the biggest change at a 0.6 percent.

today's metal prices - MetalMiner IndXThe price of Chinese 304 stainless steel scrap declined 0.6 percent as well. Chinese 304 stainless coil fell 0.6 percent on Monday. The price of Chinese 316 stainless coil remained essentially flat.

The price of Chinese primary nickel showed little movement on Monday. The price of Chinese ferro-chrome saw little movement. For the fifth day in a row, the price of Chinese ferro-moly remained essentially flat.

After falling for two days, the cash price of primary Indian nickel rose 0.3 percent.

On the LME, the nickel 3-month price inched up 0.3 percent to $16,625 per metric ton. At $16,555, the spot price of nickel finished the market day on the LME up 0.3 percent per metric ton.

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