Tag: India scrap rate today

  • India: Stainless steel scrap prices fall on weak demand

    India: Stainless steel scrap prices fall on weak demand

    SteelMint’s domestic stainless steel 304 scrap price assessment fell by INR 2,000/t ($24/t) today at INR 136,000/t ($1,643/t) ex-Delhi as against 20 Dec. Induction-grade utensil scrap prices were corrected to INR 70,000/t ($845/t) after falling by INR 2,000/t ($24/t) since the previous assessment. Scrap prices fell amid lower buying enquiries and weak demand in finished…