Tag: CFR Mundra scrap prices
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India: Stainless steel scrap prices soften amid declining nickel prices and weak finish demand
Buyers remain cautious amid subdued finished steel demand Mills consider billets and NPI as scrap alternatives India’s stainless steel scrap market witnessed a mixed-to-soft trend during the week ended 9 October 2026, as declining LME nickel prices and subdued finished steel demand espeially longs segment weighed on market sentiment. Buyers remained cautious and focused on…