Tag: 304 stainless steel scrap imports

304-grade scrap imports rise due to steady demand Semi-finished stainless steel imports surge in Jan-Apr’26 India’s stainless steel scrap imports declined by 5% y-o-y to 0.45 mnt during January-April’26 (4MCY’26), compared with 0.47 mnt in the corresponding period last year. The decline was largely attributed to higher landed costs, currency fluctuations, geopolitical disruptions, and cautious…