Tag: Europe 18-8 scrap Rotterdam
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India: Stainless scrap demand cautious; global supply cues lend mild support
Domestic scrap remains preferred feedstock European tightness offers external price support India’s stainless steel scrap market moved in a narrow band in the week ended 27 February, with mills maintaining measured procurement amid moderate finished steel offtake. Buyers largely preferred domestic scrap due to better cost economics, though overall volumes remained thin. BigMint assessed domestic…