Tag: imported stainless scrap Mundra
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India: Stainless steel scrap market remains subdued amid weak finished demand, sufficient inventory
Finished steel inventory holding periods hit 20-25 days Mills to focus on clearing existing stocks till mid-Jan’26 India’s stainless steel scrap market remained subdued in the week ending 19 December, driven by weak finished demand, with mills holding sufficient inventories and refraining from fresh bookings. Market conditions continued to be challenging, as wide bid-offer disparities…