Tag: Chinese Stainless Steel

Indian stainless steel 304 grade HRC prices rose to around INR 245,000/t ($3,014/t) ex-Mumbai, as per SteelMint assessment on 4 October, 2022. Despite volatile LME nickel prices, finished stainless steel prices in India rose due to lower supply from overseas sources and reduced stock in domestic warehouses. POSCO’s shutdown also reduced global supply support. LME…