Tag: stainless steel supply tightness
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India: Stainless steel scrap market firms on tight supply, higher import offers
Domestic availability remains constrained Buyers cautious amid weak downstream demand India’s stainless steel scrap market remained steady to firm in the week ended 24 April, supported by tight domestic availability and stronger import offers. Sentiment improved following gains in nickel prices, driven by Indonesia’s quota cuts and revised ore pricing policy, which lifted raw material…