Tag: India stainless steel
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India: Stainless steel scrap prices remain stable
Domestic stainless steel scrap (304 grade) prices were stable at INR 128,000/t exy-Delhi today against the last assessment on 21 Feb’23. Prices were stable due to limited market activities. Imported 304 stainless steel scrap offers are currently at $1,570-1,580/t and for 316 grade at $3,050-3,080/t. Nickel prices on the LME, however, dropped sharply by $719/t…