Tag: ss316

India : Stainless steel scrap, finished prices stable albeit dull demand

Dec 20, 2022

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by

Jayprakash Sahu

in Stainless Steel

Domestic 304 grade stainless steel scrap prices fell to INR 138,000/t ($1,670/t) ex-Delhi today, according to SteelMint data. The ex-Mumbai price of 304 grade stainless steel HRC remains stable at INR 247,000/t ($2,989/t). Stainless steel prices rose as nickel prices on LME price have increased. At the time of publishing this article, LME’s three-months nickel…