Tag: imported stainless steel scrap CFR Mundra

Higher import offers, rising molybdenum oxide prices lift prices Buyers prefer domestic scrap as stronger dollar lifts import costs India’s stainless steel scrap prices strengthened in the week ended 20 February, even as nickel futures on the London Metal Exchange (LME) declined w-o-w. Higher import offers, currency pressure, and rising alloy costs kept sentiment firm…