Tag: stainless steel price outlook
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India: Stainless steel prices remain under pressure as buyers stay cautious amid nickel weakness
LME nickel falls 5% w-o-w, weighing on market sentiment 316 scrap prices remain firm amid limited availability India’s stainless steel market remained under pressure in the week ended 26 June 2026, as weak finished steel demand and continued volatility in nickel prices kept buyers on the sidelines. Trading activity was limited across the value chain,…