316 Series scrap, CFR Mundra (India)
Graph
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Monthly Average(Mean)
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About 316 Series scrap, CFR Mundra (India) Data
CFR Mundra for 316-series scrap represents the import price, including ocean freight, to India’s primary gateway. As 316-grade stainless steel contains molybdenum, it commands a significant premium over the 304-grade, reflecting the robust demand from India’s expanding chemical, pharmaceutical, and oil & gas sectors.