Tag: India: Stainless steel prices fall w-o-w amid tepid demand

Buying slows down amid ample stocks Budget fails to boost trade momentum In India’s stainless steel finished segment, flats prices remained range-bound w-o-w, while longs dropped w-o-w amid tepid demand. Although market participants had anticipated an improvement following the Budget, it failed to materialise. Another major update for the industry came on Monday, when US…