Tag: India stainless scrap price

India: Finished stainless steel prices on an upward swing

Sep 21, 2022

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by

Drishya Yadav

in Stainless Steel

SteelMint’s price assessment of 304 grade stainless steel HRCs rose to INR 240,000/t ($/t) on ex-Mumbai basis from INR 237,000/t ($/t) last week. Meanwhile, Indian 304 grade stainless steel scrap prices stood almost stable at INR 136,000/t ($/t) ex-Delhi. Finished prices remained supported by an uptrend in nickel prices on the London Metal Exchange (LME)…