- SteelMint’s assessment of domestic 304 grade stainless steel scrap increased to INR 129,000/t ($1,626/t) ex-Delhi today from INR 128,000/t ($1,613/t) on 2 Aug’22.
- Prices inched up amid lack of availability in the domestic market and reduced supply from Europe because of the holidays. Also, the rise in LME 3-month nickel prices by $519/t w-o-w on 3 Aug’22 supported the domestic prices.
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