Tag: domestic SS scrap prices
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India: Imported and domestic stainless steel scrap markets remain stable; LME nickel tags fall w-o-w
Cautious optimism ahead of Budget LME nickel prices fall by 2% India’s domestic stainless steel (SS) scrap prices remained stable w-o-w, while imported SS scrap prices dropped w-o-w due to declining LME nickel tags. Scrap buying stayed low due to weak demand and elevated inventories in the finished SS market. As per BigMint’s assessment, domestic…