Tag: recycled metals trade.
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India: Imported, domestic stainless steel scrap prices remain steady w-o-w driven by subdued demand
Weak finished demand, high inventories persist LME nickel tags rebound from 3-year lows India’s domestic and imported stainless steel (SS) scrap prices remained stable w-o-w despite a rise in LME nickel tags. Scrap buying was limited by persistent weak demand and high inventories in the finished SS segment. Imported SS scrap prices have dropped by…