Category: Stainless Steel
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India: Stainless steel scrap prices rise w-o-w amid tight availability
Imports slow down amid higher freights, container shortages Higher ferro molybdenum costs, steady demand support prices India’s stainless steel scrap market remained firm in the week ended 14 August 2026, supported by tight scrap availability, higher ferro molybdenum costs, and elevated domestic demand. However, weaker nickel prices and uncertainty surrounding Indonesia’s nickel ore quota kept…