Author: Deepika Singh
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India: Stainless steel prices inch up on increasing enquiries, higher futures
The stainless steel market has experienced a slight increase in activity, with a rise in enquiries for finished material amid an uptrend in LME futures prices. BigMint’s assessment indicates that the price for 304 HRC is currently at INR 176,000/t, while the 304-grade scrap is assessed at INR 116,000/t exw Delhi, both reflecting an increase…