Author: Drishya Yadav
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India: Stainless steel scrap prices remain range bound
SteelMint’s price assessment of domestic 304 grade stainless steel scrap remained range bound at INR 136,000/t ($1,701/t) ex-Delhi today compared with 23 Aug’22. The three-month contract prices on LME fluctuated over the week and are currently at $21,354/t, down by $531/t w-o-w as compared to the levels on 17 Aug’22. There is a shortage of…