Tag: India: Imported stainless steel scrap prices drop w-o-w amid subdued finished steel demand

Liquidity concerns drive stainless steel scrap down The Philippines planning raw mineral export ban India’s imported and domestic stainless steel (SS) scrap prices declined w-o-w due to weak demand for finished steel. Although LME nickel prices saw a slight increase for the week, imported scrap prices remained on the lower side. Market activity overall remained…