Tag: ss316
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India: Stainless steel scrap prices remain stable
Domestic stainless steel scrap (304 grade) prices were stable at INR 130,000/t ($1,572/t) exy-Delhi today against the last assessment on 14 Feb’23. Prices were stable due to limited buying inquiries from major players. Prices of 316 grade stood at INR 243,000/t ($2,939/t) and induction-grade utensil scrap at INR 70,000/t ($846/t). Nickel prices on the LME,…