Tag: stainless steel market trends

Mills show preference for NPI, semis Nickel LME 3-month contract softens to $14,810/t India’s stainless steel scrap market remained under pressure, with buying activity remaining muted and sufficient scrap availability. Market participants were more inclined toward alternative raw materials such as nickel pig iron (NPI) as well as semi-finished products. BigMint assessed 304-grade domestic scrap…