Category: Stainless Steel
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India: Stainless steel scrap prices soften on weak buying, mills stay cautious
Mills defer purchases, rely on existing inventories, semi-finished imports Imported offers remain firm, buyers prefer domestic supply amid high freights India’s stainless steel scrap market remained subdued in the week ended 19 June 2026, as weak finished stainless steel demand and uncertainty surrounding nickel prices kept buying activity restricted to immediate requirements. Market participants reported…