2.3% Shift for Chinese 304 Stainless Steel Scrap Price

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On April 3, 2013, Chinese 304 stainless steel scrap jumped up 2.3 percent, making it the day’s biggest increase.

After a 2.3 percent increase, Chinese 304 stainless coil finished the day up too. The price of Chinese primary nickel declined 1.5 percent.

today's metal prices - MetalMiner IndXFor the fifth consecutive day, the price of Chinese 316 stainless steel scrap held flat. The price of Chinese 316 stainless coil held steady.

The price of Chinese ferro-chrome remained essentially flat. The price of Chinese ferro-moly saw essentially no change for the fifth day in a row.

The 3-month price of nickel dropped by 1.5 percent on the LME to $16,445 per metric ton after holding steady. Following a quiet couple of days, the nickel spot price fell 0.9 percent yesterday on the LME to $16,385 per metric ton.

The cash price of primary Indian nickel weakened by 1.1 percent.

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