- Prices of domestic 304 grade stainless steel scrap remained stable, while 316 grade scrap prices increased by INR 2,000/t ($26/t) today against 12 April 2022.
- The effective prices of 304 grade scrap are at INR 193,000/t ($2,535/t) and grade 316 scrap prices are at INR 286,000/t ($3,757/t) exy Delhi.
- The LME 3-month contract price rose by more than 1% d-o-d to $32,981/t.
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