Tag: Nickel

India: Stainless Steel scrap imports fall 13% m-o-m in Mar’22

Apr 28, 2022

—

by

Faizan Khan

in Stainless Steel

Stainless steel scrap imports in Mar’22 stood at 90,000 tonnes (t), down 13% as against 110,000 t in Feb, as per SteelMint data. Overall imports during Jan-Mar’22 stood at 330,000 t. Volatile LME nickel prices and the Ukraine-Russia war impacted scrap imports from overseas. On the other hand, logistics cost also fuelled reliability on domestic…