Tag: Stainless steel scrap prices
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India: Stainless steel scrap prices rise w-o-w as nickel rallies
Stainless steel prices firm amid improved mill demand Nickel rally lifts cost sentiment across stainless market India’s stainless steel market traded on the higher side week-on-week in the week ended 23 January, supported by improved demand and firmer sentiment at the mill level. Rising raw material costs, particularly nickel, encouraged mills to maintain elevated price…