India’s stainless steel scrap prices remained firm amid rise in LME nickel. 304-grade prices stood at INR 119,000/t and 316-grade at INR 209,000/t ex-Delhi, Imported scrap prices also remained stable at $1,390/t for 304-grade and $2,550/t for 316-grade CFR Mundra. 150 t Zurick scrap from the US was heard traded at $1,320/t CIF Nhava Sheva, Turkiye’s offer price for 430 scrap was heard at $660/t to India.
