Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

India: Stainless steel prices corrected amid poor demand

Source: Steelmint Dec 29, 2022 08:30
Share this with
X linkedin WeChat Copy this link
Stainless Steel Global Price
Domestic 304-grade stainless steel scrap prices fell to INR 132,000 a tonne ($1,597 a tonne) ex-Delhi today, according to SteelMint data. The ex-Mumbai price of 304 grade stainless steel HRCs dropped down to INR 244,000/t ($2,952/t). Stainless steel prices were corrected due to weak domestic demand in the finished segment.
  At the time of publishing this article, LME's three-months nickel prices rose to around $29,600/t.   Market highlights   Global prices for 304 grade scrap of European-origin dropped down below $1,600 level. "European suppliers are on vacation, and no business is being conducted. Domestic mills are also not interested in buying scrap at

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like
  • Taiwan's stainless mills hike list prices further for April sales

    Apr 01, 2026 17:15

  • China stainless giants hold March FeCr bids, spot prices outperform

    Mar 11, 2026 15:05

  • WEEKLY: China NPI prices edge up on cost support, but trading subdued

    Mar 06, 2026 17:40

  • Indonesia Tsingshan raises export offers for 304-grade stainless

    Feb 25, 2026 15:20

  • Taiwan's major stainless mills hike list prices for Feb sales

    Feb 03, 2026 17:15

Price Curve
Daily Prices
  • Stainless coil prices: Foshan

    Apr 02, 2026 16:42

  • 304/2B stainless CRC prices: China's major cities

    Apr 02, 2026 16:41

  • 300-series stainless CRC prices: Foshan

    Apr 02, 2026 16:40

  • 304/NO.1 stainless HRC prices: China's major cities

    Apr 02, 2026 16:08

  • 300-series stainless HRC prices: Tianjin

    Apr 02, 2026 16:06

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com