Tag: India stainless steel market
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India: Stainless steel market holds steady due to limited inquiries
The stainless-steel market in India continues to experience limited activity, influenced by subdued inquiries and sluggish sales of materials. According to SteelMint’s assessment, the current price for 304-HRC is INR 173,000/t ($2,081/t), and the 304-grade CR price hovers at INR 184,000/t ($2,214/t) exw-Mumbai, showing stability compared to the previous week. Simultaneously, the domestic scrap market…