Tag: SS scrap arrival July 2024

India: Stainless steel scrap arrival hits 8-month high amid seasonal demand

Aug 30, 2024

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by

Neha TU

in CRC, Crude Steel, Ferro Chrome, Ferro Molybdenum, Melting Scrap, Nickel, Stainless Steel

India’s SS scrap imports rise to 108,465 t in Jul’24 Mills increase inquiries due to price reductions LME nickel prices drop 5% due to high inventories India’s stainless steel (SS) scrap imports saw a notable rise of 16% in July 2024, driven by seasonal demand. Additionally, imports hit an eight-month high, last seen in December…