Tag: India stainless steel
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India : Stainless steel scrap prices correct downwards, finished prices improve
SteelMint estimates that Indian 304 grade stainless steel scrap prices have dropped to INR 128,000/t ($1571/t) ex-Delhi today, down from INR 136,000/t ($1,670/t) on 22 September, 2022. The price of 304 grade HRC ex-Mumbai has risen to around INR 243,000/t ($2,983/t). Stainless steel scrap prices have fallen as a result of sharp corrections in LME…