Tag: scrap trade stability

India: Stainless steel scrap prices remain steady w-o-w as holiday mood grips market

Dec 27, 2024

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by

Manya Dewangan

in HRC, Melting Scrap, Nickel, Semi Finished, Stainless Steel

India’s stainless steel scrap prices remained unchanged this week on weak demand and limited buying activity. Domestic stainless steel 304-grade scrap stood at INR 119,500/t ex-Delhi, while the imported variant of the same, originating from the nearshore region, was assessed at $1,370/t CFR Mundra, as per BigMint. At the time of reporting, LME nickel prices…