Tag: 316 scrap price

The stainless steel market in India has seen a price hike mainly due to the rise in LME nickel levels. According to BigMint’s assessment, price of 304 HRC rose by INR 4,000/t, reaching INR 180,000/t, while the price of 304-grade scrap remained relatively stable at INR 116,000/t ex-works in Delhi. This week, a major flat…