Tag: 316 crc
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India: Stainless steel scrap, finish markets remain subdued
Stainless steel prices remained under pressure this week. Domestic 304 grade stainless steel scrap prices ex-Delhi were assessed at INR 133,000/t ($1,628/t), while 304 grade stainless steel HRC prices ex-Mumbai dropped INR 5,000/t ($61/t) to INR 240,000/t ($2,945/t). Nickel prices on the LME corrected around 1.5% compared to last week. LME’s three-month nickel prices are…