Tag: BigMint 304 grade scrap prices

India: Stainless steel scrap imports fall 20% m-o-m in Jan’26 as mills pivot to domestic scrap and semis

Feb 27, 2026

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by

Manya Dewangan

in Stainless Steel

Higher slab inflows from Indonesia reshape raw material mix Domestic scrap undercuts imported material by INR 7,000-8,000/t Domestic stainless steel production rises 17% m-o-m in Jan’26 Morning Brief: India’s stainless steel scrap imports declined significantly in January 2026 as compared to December 2025. Total stainless steel scrap imports stood at 94,000 t, down 20% from…