Tag: stainless steel production cuts
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India: Stainless steel prices stay firm as scrap shortage offsets cautious demand
Buyers remain cautious amid nickel volatility Export activity faces freight and quota constraints India’s stainless steel finished market remained firm during the week ended September 15, supported by tight raw material availability and elevated alloy costs. However, moderate downstream demand and volatile nickel prices kept buyers cautious, limiting broader price gains. Finished flat Demand for…