Tag: weak buying interest
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India: Stainless steel prices majorly stable w-o-w; imported scrap prices up amid rise in freight rates
Finished stainless steel prices maintain stability amid weak demand Imported scrap prices gain on rising freight rates from SE Asia India’s stainless steel scrap imports stagnant m-o-m in May’24 In India, finished stainless steel prices have remained largely stable this week on marginal decline in LME nickel prices and weak buying interest. Imported scrap prices…