Tag: stainless steel scrap CFR Mundra
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India: Stainless steel scrap offers edge up w-o-w on firmer nickel, buyers prefer domestic material
Bid-offer disparities, monsoon disruptions keep bookings limited Domestic scrap continues to attract buyers due to competitive prices India’s stainless steel scrap market remained firm during the week ended 17 July, supported by higher London Metal Exchange (LME) nickel prices and firmer imported offers. However, buying activity remained largely need-based as mills stayed cautious amid nickel…