Tag: india stainless steel price

India: Stainless steel scrap market stable but prices of finished products continue to fall

Mar 15, 2023

—

by

Jayprakash Sahu

in Stainless Steel

Stainless steel prices in India continued to fall this week. The 304 grade hot-rolled coil (HRC) prices, ex-Mumbai, dropped by INR 1,000/t ($12/t) w-o-w to INR 225,000/t ($2,720/t), while domestic 304 grade scrap prices, ex-Delhi, were assessed at INR 128,000/t ($1,548/t), stable w-o-w. Nickel prices on the London Metal Exchange (LME) fell by around 2.5%…