Tag: stainless steel scrap india
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India: Finished stainless steel prices stable, scrap prices witness uptrend
Domestic 304 grade stainless steel scrap prices increased to INR 120,000/t ($1,452/t) ex-Delhi today from INR 118,000/t ($1,429/t) last week, as per SteelMint data. The ex-Mumbai price of 304 grade HRC is stable at INR 244,000/t ($2,952/t). Due to post-festive demand from mills stainless steel scrap prices have been on the rise. Market highlights The…