Tag: mumbai stainless steel prices
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India’s stainless steel prices stable w-o-w even as LME nickel witnesses slight drop
BigMint’s assessment reveals that stainless steel prices in both the global and domestic markets remained mostly stable throughout this week despite a slight decline in LME nickel prices. Prices of 304 HRC stood at INR 174,000/t ex-Mumbai and domestic 304-grade scrap prices stood firm at INR 119,000/t ex-works Delhi. A source said, “The stainless steel…