Tag: Stainless Steel

Domestic stainless steel scrap prices for grades 304 and 316 increased by INR 5,000/t ($79/t) and INR 3,000/t ($39/t) today. Current prices are at INR 184,000/t ($2,427/t) and INR 253,000/t ($3,338/t) respectively compared with 3 Mar’22. The price hike was not aligned with the steep rise in LME futures due to lower demand from major…