Tag: trading activity
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India: Stainless steel prices rise w-o-w driven by surge in LME nickel
Domestic finished prices rise despite weak demand LME nickel prices surge over 9% Inquiries from mills decline on rising offer levels India’s stainless steel finished and imported scrap prices gained w-o-w on surging LME Nickel prices. Meanwhile, the domestic scrap prices have remained firm. However, the demand in the market has been on the weaker…