Tag: stainless scrap supply shortage
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India: Stainless steel scrap prices stay firm amid supply tightness, weak imports
Imports remain unviable amid logistics pressure Domestic scrap shortage supports price uptrend India’s stainless steel scrap market remained firm in the week ending 10 April, supported by constrained imports and limited domestic availability. Imported material continued to remain unviable due to elevated freight and geopolitical disruptions, prompting suppliers to divert cargoes to alternative destinations such…