Tag: SS316 scrap

India’s stainless steel prices move southward amid drop in LME nickel prices, subdued demand

Mar 20, 2024

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by

Neha TU

in Stainless Steel

BigMint’s assessment revealed that prices of imported 304 scrap have seen correction by $15/tonne (t) and are currently hovering at around $1,365/t. In the finish segment prices are range-bound compared to the previous week. BigMint’s assessment for 304 HRC stood at INR 178,000/t, and the price of domestic 304-grade scrap is at INR 115,000/t ex-works…