Tag: 304 grade scrap trends

India: Stainless steel scrap imports jump 29% y-o-y in Jan-Oct’25 as prices hit all-time low

Nov 21, 2025

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by

Manya Dewangan

in Stainless Steel

Rising stainless steel production boosts scrap imports India’s stainless steel billet, ferro nickel imports plunge India’s stainless steel scrap imports rose sharply in 10MCY’25 (January-October 2025), supported by firm demand from domestic stainless steel producers, rising consumption in end-use sectors, and favourable price parity between imported and domestic scrap. Prices of imported scrap have also…