Tag: stainless steel price in India

India: Stainless steel finished and scrap prices corrected amid poor demand

Dec 27, 2022

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by

Jayprakash Sahu

in Stainless Steel

Domestic 304-grade stainless steel scrap prices fell to INR 132,000 a tonne ($1,597 a tonne) ex-Delhi today, according to SteelMint data. The ex-Mumbai price of 304 grade stainless steel HRCs dropped down to INR 244,000/t ($2,952/t). Stainless steel prices were corrected due to weak domestic demand in the finished segment. At the time of publishing…