Tag: stainless steel market sentiment india
-

India: Stainless steel scrap market remains inactive as mills limit buying on high stocks
Mills maintaining inventories, delaying scrap purchases Sentiment may remain weak through Dec’25 amid poor sales India’s stainless steel scrap market was muted this week weighed down by sluggish finished product demand and limited procurement activity from mills. Most producers continue to operate with adequate inventory levels, while several major players have temporarily paused fresh bookings.…