Tag: 304 scrap prices
-

India: Stainless steel scrap market remains subdued as major mills delays fresh bookings
Mills maintain inventories and avoid fresh December bookings Finished stainless demand slowdown restricts procurement activity India’s stainless steel scrap market remained under pressure in the week ending 12 December, with mills holding sufficient inventory and refraining from fresh bookings. Trading activity across key regions stayed muted, reflecting weak downstream demand and a cautious buying environment.…