Tag: SteelMint

India: Stainless steel scrap, finished prices to rebound on optimism

Jan 4, 2023

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by

Jayprakash Sahu

in Stainless Steel

Stainless steel prices remained stable this week. Domestic 304 grade stainless steel scrap prices were at INR 134,000/t ($1,617/t) ex-Delhi while 304 grade stainless steel HRC prices were at INR 244,000/t ($2,945/t) ex-Mumbai. At the time of publishing this article, LME’s three-months nickel prices rose 4% d-o-d to around $31,300/t. High LME nickel prices have…