Tag: nickel mine quotas

India: Finished stainless steel prices edge down w-o-w despite rise in LME nickel

Jan 15, 2025

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by

Manya Dewangan

in CRC, HRC, Stainless Steel

Subdued buying interest weighs on market Ferro chrome prices hit 1-year low, pressuring SS prices India’s finished stainless steel prices declined by up to INR 2,000/tonne (t) w-o-w, primarily due to subdued buying interest. Meanwhile, recent developments in Indonesia led to a rise in London Metal Exchange (LME) nickel prices over the week. Additionally, the…