Tag: nickel inventory updates
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India: Stainless steel scrap prices remain stable w-o-w; outlook optimistic on strengthening US dollar
LME nickel remains unchanged w-o-w Prices to stay firm on strong USD India’s domestic and imported stainless steel (SS) scrap market stayed largely steady amid limited trading and currency fluctuations. BigMint assessed 304-grade domestic scrap at INR 114,000/t ex-Delhi, unchanged w-o-w, while imported 304-grade from nearshore origins settled at $1,290/t CFR Mundra, a marginal $10/t…