Domestic stainless steel scrap prices held steady, with BigMint’s assessment for 304-grade at INR 116,000/t and 316-grade at INR 212,000/t, ex-Delhi. Meanwhile, imported 304 and 316-grade prices were at $1,340/t and $2,500/t CFR Mundra, respectively. Despite some enquiries for imported material, buyers maintained preference for domestic options. Notably, bid-offer disparities of $40-$50/t were observed for imported material.
