Tag: cost-effective raw materials

India: Imported, domestic stainless steel scrap prices further dip w-o-w despite rise in LME nickel tags

Jul 25, 2025

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by

Manya Dewangan

in Stainless Steel

Focus shifting to cost-effective raw materials LME nickel prices climb up by 2% w-o-w India’s imported and domestic stainless steel (SS) scrap prices showed negative trends w-o-w amid moderate trading activity, driven by sufficient inventory levels. According to BigMint’s assessment, domestic 304-grade SS scrap stood at INR 112,500/tonne (t) ex-Delhi, down INR 1,500/t w-o-w. On…