- Prices of domestic 304 grade stainless steel scrap remained stable, while 316 grade scrap prices increased by INR 3,000/t ($39/t) today against 14 Apr’22.
- The effective prices of 304 grade scrap are at INR 193,000/t ($2,522/t) and that of grade 316 scrap prices are at INR 289,000/t ($3,777/t) exy Delhi.
- The LME 3-month contract price rose by around $195/t d-o-d to $33,175/t on the last trading day.
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