Tag: India: Stainless steel scrap prices hold steady w-o-w amid limited market activity

Stainless steel scrap prices remain stable Soft demand for finished products weighs on market India’s imported and domestic stainless steel scrap prices remained stable w-o-w. Although LME nickel prices also remained steady, major mills have reduced scrap purchases due to sufficient inventories and sluggish demand in the finished steel sector. BigMint’s benchmark assessment for domestic…