Tag: Domestic finished longs’
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India: Stainless steel prices decline w-o-w amid drop in LME nickel
Prices of stainless steel, including 304 series domestic finished flats, imported and domestic scrap, declined w-o-w in India amid a reduction in LME nickel prices. However, 316 series grade finished flat prices inched up w-o-w on price hikes by major Indian mills. According to BigMint’s benchmark assessments, stainless steel (304 series) hot-rolled coil (HRC) prices…