Tag: scrap supply India

India: Imported, domestic stainless steel scrap prices remain steady w-o-w despite weak demand

Mar 7, 2025

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by

Manya Dewangan

in Nickel, Stainless Steel

LME nickel prices hit 6-week high Mills prioritise domestic scrap over imports India’s domestic and imported stainless steel (SS) scrap prices remained stable w-o-w. Despite rise in LME nickel prices to a six-week high since 21 January 2025. As per BigMint’s assessment, domestic 304-grade SS scrap stood at INR 115,000/t ex-Delhi, while the imported variant…