- SteelMint’s domestic stainless steel scrap (304 grade) price assessment remains stable today at INR 131,000/t ($1,604/t) ex-Delhi compared to 22 Nov’22.
- Stainless steel scrap market is mostly stable, as buyers are in wait-and-watch mode after the removal of export duty, recently.
- The major exchange, LME remains on a volatile mode currently. Hence, the market awaits clarity.
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