Tag: SS imported scrap
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India’s stainless steel scrap prices range-bound w-o-w ahead of Holi
Imported stainless steel scrap prices held steady w-o-w at $1,370/t for 304-grade and at $2,550/t for 316-grade, CFR Mundra, as per BigMint’s assessment. Domestically, 304 scrap is at INR 115,000/t ($1,376/t), and 316-grade at INR 205,000/t ($2,454/t) ex-Delhi. Market demand remains subdued, attributed to pre-election uncertainty, financial year closure, and the upcoming Holi festival week.