- SteelMint’s domestic stainless steel scrap (304 grade) price assessment rose by INR 6,000/t to INR 134,000/t ($1,639/t) ex-Delhi today compared to 15 Nov’22.
- A rise in international prices coupled with a surge in LME nickel prices lent support to domestic prices.
- A deal for 304 grade was heard concluded at $1,600-1,620/t CFR Mundra and one for 316 grade was done at $2,690-2,700/t CFR Mundra today.
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