Tag: NPI substitution

Imported SS scrap prices drop ahead of Diwali 3-month LME nickel prices drop 5% EU, Asian producers substituting scrap with NPI India’s imported stainless steel scrap prices have decreased by up to $40/t w-o-w influenced by falling LME nickel prices and a slowdown in demand. In contrast, domestic stainless steel scrap prices have remained stable…