Author: Drishya Yadav
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India: Stainless steel 304 scrap prices remain stable
SteelMint’s assessment for 304 grade stainless steel scrap prices remained unchanged at INR 118,000/t ($1,422/t) ex-Delhi today compared to 1 Nov’22. Prices of 316 grade also remained firm at INR 208,000/t ($2,506/t). Sources informed that there have been improvement in overseas scrap market today, and demand has begun to improve. Moreover, trading in the imported…