Tag: Diwali demand stainless steel
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India’s imported stainless steel scrap prices see mixed trends w-o-w
304 scrap prices drop $10/t w-o-w on oversupply concerns 316-grade scrap gains support from firm molybdenum prices India’s stainless steel scrap market witnessed mixed trends this week. In the domestic market scrap prices saw an uptick due to tight supply, while imported scrap saw marginal corrections especially in 304 grades amid bid-offer disparities. BigMint assessed…