Tag: Japan’s 300-series stainless steel scrap prices surge on tight supplies

Supply crunch fuels 300-series scrap price rebound Japanese mills hike prices amid bullish sentiment SteelDaily: Prices of 300-series stainless steel scrap in Japan are climbing sharply, buoyed by a supply squeeze triggered by an intense heatwave that has disrupted market imports and curtailed collection volumes. The market, which had slumped in April, is now staging…