Tag: stainless steel price in mumbai

India: Stainless steel scrap, finished market remain largely stable

Jan 10, 2023

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by

Jayprakash Sahu

in Stainless Steel

Stainless steel prices remained stable this week. Domestic 304 grade stainless steel scrap prices ex-Delhi were at INR 134,000/t ($1,617/t), while 304 grade stainless steel HRC prices were at INR 244,000/t ($2,945/t) ex-Mumbai. Nickel LME prices corrected around 11% compared to last week. LME’s three-month nickel prices are hovering around $27,700/t currently. Market highlights LME…