Tag: import duty removal impact
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India’s stainless steel prices remain range-bound; Budget waives customs duty on ferro nickel
In India, stainless steel prices have witnessed minor drops this week across all the grades in finished steel as well as imported scrap amid the decline in LME nickel prices. Meanwhile, domestic scrap prices maintained stability for the week. Following the financial year 2025 (FY’25) interim Budget presentation on 23 July, 2024, the Indian market…