Tag: domestic market stability

India: Finished stainless steel prices remain rangebound w-o-w despite weak demand

Dec 4, 2024

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by

Manya Dewangan

in Chrome Ore, CRC, Ferro Chrome, Ferro Molybdenum, HRC, INGOT, Melting Scrap, Semi Finished, Stainless Steel, Wire Rod

Weak demand keeps finished SS prices rangebound LME nickel prices edge up by 1% Indian stainless steel finished product prices remained rangebound with minor fluctuations seen throughout the week, driven by need-based buying. Despite a 1% gain in LME nickel prices, domestic prices stayed largely stable due to continued weak demand. LME nickel prices edge…