Tag: Diwali steel demand
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India: Imported stainless steel scrap prices hold steady w-o-w ahead of festive season
Mills complete restocking ahead of Diwali holidays Billet arrivals from Indonesia disrupt 304 scrap market India’s stainless steel scrap market remained largely stable w-o-w amid limited trading activity and subdued demand. BigMint assessed 304-grade domestic scrap at INR 116,000/t ex-Delhi, steady w-o-w, while the imported 304-grade from nearshore origins was assessed at $1,280/t CFR Mundra,…