Tag: nickel market pressure
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India: Stainless steel scrap prices hold steady w-o-w amid need-based buying
SS scrap prices steady despite LME drop Imported scrap demand weak, need-based buying persists Domestic market sluggish, impacted by holidays India’s imported and domestic stainless steel scrap prices remained range-bound for the week. Despite the drop in LME nickel prices, buying activity in the market was majorly driven by the need to fulfill immediate requirements.…