Tag: stainless steel scrap increase
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India’s imported stainless steel scrap prices edge up w-o-w
India’s imported stainless steel scrap prices saw a modest increase of $20/t w-o-w, influenced by rising LME nickel prices. The price for SS304 scrap was $1,420/t, while SS316 scrap was priced at $2,625/t CFR Mundra. Domestic prices held steady, with SS304 scrap at INR 121,000/t and SS316 at INR 220,000/t in Delhi. LME nickel prices…