Tag: stainless steel 316
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India: Stainless steel prices majorly stable w-o-w amid LME Ni downtrend, weak demand
In India, finished stainless steel prices have maintained stability this week on declining LME nickel prices and weak buying interest. Scrap prices in the domestic and imported markets witnessed a slight drop w-o-w. India’s stainless steel (304 series) HRC prices stood at INR 179,000/t ex-Mumbai and domestic 304-grade scrap prices stood at INR 120,000/t ex-works…