Tag: Nickel futures one-month high

India: Stainless steel scrap prices remain rangebound w-o-w amid rise in LME nickel

Jul 4, 2025

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by

Manya Dewangan

in Stainless Steel

Nickel futures hit one-month high on sentiment Demand likely to remain moderate in near term India’s imported and domestic stainless steel (SS) scrap prices remained range-bound w-o-w amid increase in LME nickel prices. According to BigMint’s assessment, domestic 304-grade SS scrap stands at INR 115,000/t ex-Delhi, down by INR 1,000/t w-o-w . On the other hand,…