Tag: steel scrap import

India’s stainless steel scrap prices remained stable w-o-w amid tepid demand for finished products, which led to liquidity constraints across markets. Domestic 304-grade scrap prices stood at INR 113,500/t ($1,330/t) ex-Delhi, range-bound w-o-w, while imported material of the same grade remained stable at $1,310/t CFR Mundra. LME nickel prices stood at $15,530/t, range-bound w-o-w.