Tag: India stainless steel prices

India: Stainless steel 304 grade scrap prices fall on low demand

Oct 13, 2022

—

by

Drishya Yadav

in Stainless Steel

SteelMint’s assessment of domestic stainless steel scrap prices of 304 grade moved down by INR 4,000/t to INR 118,000/t ($1,428/t) ex-Delhi today compared to 11 Oct’22. Low domestic demand dragged down stainless steel scrap prices. The fall in international prices by around $1,350/t ex-Europe also weighed on domestic prices. However, demand for 316 grade scrap and…