Tag: stainless steel market update
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India: Imported, domestic stainless steel scrap prices dip amid moderate buying activity
Sufficient inventory keeps prices muted LME nickel prices trend down w-o-w India’s imported and domestic stainless steel (SS) scrap prices dipped w-o-w amid moderate trading activity driven by sufficient inventory levels. According to BigMint’s assessment, domestic 304-grade SS scrap stands at INR 114,000/t ex-Delhi, stable w-o-w . On the other hand, the imported variant of…