Tag: India: Stainless steel prices remain stable w-o-w despite a rise in LME nickel

India’s stainless steel prices, including domestic finished flats and scrap, remained stable w-o-w despite a slight increase in LME nickel prices. Meanwhile, imported scrap prices saw a minor decline this week. BigMint’s benchmark assessments for stainless steel (304 series) hot-rolled coil (HRC) prices stood at INR 182,000/tonne (t) ex-Mumbai, while domestic 304-grade scrap was priced…