Tag: stainless steel scrap increase

India’s imported stainless steel scrap prices increased slightly by up to $15/t w-o-w due to improved inquiries. Nearshore SS304 was heard at $1,410/t and SS316 at $2,600/t CFR Mundra. In contrast, domestic scrap prices held steady, with SS304 at INR 121,000/t and SS316 at INR 219,500/t ex-Delhi. At the time of reporting, LME nickel prices…