Tag: Rimjhim
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India: Finished stainless steel demand dampens, scrap prices remain stable
As per SteelMint data, domestic 304 grade stainless steel scrap prices surged to INR 122,000/t ($1,488/t) ex-Delhi today from INR 120,000/t ($1,470/t) last week. The price of 304 grade stainless steel HRC ex-Mumbai remains stable at INR 242,000/t ($2,952/t). Stainless steel scrap prices were heard to have gained support due to the surge in overseas…