Tag: stainless scrap market outlook

Ample stocks at mills prompt sluggish buying Bid-offer gaps slow down trade negotiations India’s imported and domestic stainless steel (SS) scrap prices remained range-bound w-o-w amid need-based trading activity, driven by sufficient inventory levels at mills and bid-offer disparities. Meanwhile, nickel prices on the London Metal Exchange (LME) recorded a slight rise w-o-w. According to BigMint’s…