Author: Deepika Singh
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India: Stainless steel prices stable; demand remains bearish
The stainless-steel market in India is currently facing a decline in demand with stable prices. According to BigMint’s assessment, the present price for 304-HRC is INR 173,000/t ($2,084/t), and the 304-grade CR price is around INR 184,000/t ($2,217/t) exw-Mumbai, indicating steadiness compared to the previous week. On the home front, there were limited buying inquiries…