Tag: SS 316
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India: Stainless steel prices largely stable despite minor drop in LME nickel prices
In India, finished stainless steel prices have mostly stayed stable this week which can be linked to a minor decrease in LME nickel prices. Scrap prices in the domestic market have remained firm, while imported scrap prices have experienced a minor gain w-o-w. The stability seen in finished product prices can be attributed to a…