Tag: NPI and billet competition
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India: Stainless steel scrap prices remain stable w-o-w as mills limit buying
Domestic and imported 304 and 316 scrap prices unchanged w-o-w Mills prioritise existing inventories amid weak finished steel demand India’s stainless steel scrap prices remained largely stable in the week ended 23 October, 2026, as mills restricted purchases to immediate requirements amid weak finished steel demand, adequate inventories and festive-season disruptions. Availability of alternative raw…