- Prices of domestic stainless steel scrap for grades 304 and 316 increased by INR 6,000/t ($79/t) compared with 1 Mar’22.
- The indicative offer for stainless steel grade 316 stands at INR 250,000/t ($3,287/t) and INR 179,000/t ($2,354/t) exy-Delhi for grade 304.
- Nickel prices hitting the highest-ever level in LME triggered the hike although buyers are wary of purchasing at such high prices.
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