Tag: LME nickel stainless steel sentiment
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India: Stainless steel market see mixed trends; 316 rises on firm Molybdenum costs
Alloy costs support stainless steel market sentiment Chinese HRC prices soften after Tsingshan price cuts India’s stainless steel finished market witnessed mixed trends in the week ended 20 May 2026, as rising nickel and ferro molybdenum prices continued to support sentiment, while buying activity largely remained requirement-based amid persistent cost pressure and volatile raw material…