Tag: Steel Market Regulations

India: Domestic stainless steel scrap prices dip w-o-w on muted finished demand ahead of year-end

Dec 13, 2024

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by

Neha TU

in CRC, HRC, Melting Scrap, Nickel, Stainless Steel

3-month LME nickel prices gain by 1% w-o-w Imported scrap tags stable despite nickel rise India’s domestic stainless steel scrap prices saw a slight drop in week 50 of CY’24. Meanwhile, imported scrap prices remained stable despite an increase in LME nickel levels. Overall demand remained subdued amid the approaching year-end. As per BigMint’s assessment,…