Tag: stainless scrap market india
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India: Stainless steel scrap prices remain elevated amid supply disruptions, gas supply concerns
Limited vessel availability restricts scrap import flows Gas supply issues impact operations of scrap processors India’s stainless steel scrap prices remained on the higher side in the week ended 13 March, supported by supply disruptions and rising logistics costs amid ongoing geopolitical tensions. Market participants reported shipment delays from West Asia and rising freight surcharges,…