Tag: stainless scrap bullish outlook

Utensil tags edge up, reflecting improved finished demand LME nickel prices climb up by 1% w-o-w on Fed rate hopes India’s domestic and imported stainless steel (SS) scrap prices strengthened this week, supported by improved mill buying and firmer finished steel demand. The uptrend was reinforced by bullish alloy markets, where higher ferro molybdenum and…