Tag: stainless steel market developments

India: Imported, domestic stainless steel scrap prices range-bound w-o-w amid weak demand

Jan 24, 2025

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by

Manya Dewangan

in Stainless Steel

Indonesia nickel production surges, impacts prices Indian market awaits post-Budget demand recovery India’s domestic and imported stainless steel (SS) scrap prices remained range-bound w-o-w despite a drop in LME nickel tags. Scrap buying was limited by persistent weak demand and high inventories in the finished SS segment. As per BigMint’s assessment, domestic 304-grade SS scrap…