India: Stainless steel scrap prices remain rangebound w-o-w
India's stainless steel prices remained range-bound w-o-w amid current uncertainty in the market triggered by geopolitical tensions. Domestic 304-grade scrap prices stood at INR 113,000/t ex-Delhi, steady w-o-w, while imported material of the same grade remained steady at $ 1,317/t CFR Mundra. LME nickel prices stood at $ 15,735/t, an increase of 2.7% w-o-w.