India: Stainless steel scrap prices remain stable

  • SteelMint’s price assessment for domestic 304 grade stainless steel scrap remains stable at INR 125,000/t ($1,522/t) ex-Delhi today as against 4 Oct’22.
  • Due to limited activity in the market with only a few trades being reported, prices remained largely rangebound. However, the same may rebound in the near term, sources informed.

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