- Domestic stainless steel scrap (304 grade) prices remained stable at INR 133,000/t ($1,634/t) ex-Delhi today as against 17 Jan’23 amid limited buying inquiries from major players.
- Stainless steel scrap 316 grade prices stood at INR 238,000/t ($2,924/t) exy-Delhi while induction-grade utensil scrap prices stood at INR 69,000/t ($848/t).
- Nickel prices on the LME were hovering at around $27,844/t at the reporting time.
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