Tag: India: Stainless steel scrap offers remain stable w-o-w amid muted activity

Diwali curbs trade, participants stay away for holidays European tags firm amid weak demand, tight liquidity India’s stainless steel scrap market remained largely unchanged w-o-w, as Diwali holidays curtailed trading activity, with most participants staying away from the market. BigMint assessed domestic 304-grade scrap at INR 116,000/t ex-Delhi and imported 304-grade nearshore scrap at $1,280/t…