Tag: increase in freight rate

India’s domestic prices of stainless steel scrap in India remained stable w-o-w. Domestic SS 304 scrap stood at INR 118,500/t and SS 316 scrap at INR 220,000/t, ex-Delhi. Imported scrap prices stood at $1,450/t for 304-grade and $2,650/t for 316-grade, CFR Mundra. Bid-offer disparities for imported materials were evident amid rising freight rates, especially from…