Tag: stainless steel price
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India: Stainless steel scrap, finished prices remain stable amid volatile LME nickel
Domestic 304 grade stainless steel scrap prices remained stable w-o-w at INR 131,000/t ($1,604/t) ex-Delhi today, as per SteelMint data. Large mills stopped booking for the day and remained watchful due to the month-end. LME’s 3-months nickel (Ni) prices have corrected to around $26,200/t at the time of publishing the article. Scrap buyers are quoting…