Tag: india stainless steel scrap rate

Domestic 304 grade stainless steel scrap prices dipped to INR 131,000/t ($1,604/t) ex-Delhi today from INR 134,000/t ($1,640/t) last week, as per SteelMint data. Meanwhile, LME’s 3-months nickel (Ni) prices fell 13% w-o-w to around $25,200/t at the time of publishing the article. Buyers are quoting lower prices due to LME Ni correction and subdued demand.…