Tag: stainless scrap availability shortage
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India: Stainless steel imported and domestic scrap prices see upward trend w-o-w
Finished stainless steel prices rise on firm exchange rates LME nickel dip 1% w-o-w to $15,272/t India’s domestic and imported stainless steel (SS) scrap prices firmed this week, driven by stronger mill buying and steady finished steel demand, with rising raw material costs further fuelling the uptrend. BigMint assessed domestic 304-grade scrap at INR 114,000/tonne…