Tag: Domestic stainless steel scrap

India witnessed an uptick in both imported and domestic stainless steel scrap prices due to a rise in LME nickel prices and domestic restocking. Domestic rates for 304-grade stood at INR 119,000/t and 316-grade at INR 208,000/t ex-Delhi, marking a rise of up to 2.6%. Imported scrap prices rose by $10/t, reaching $1,390/t for 304-grade…