Indonesia: Tsingshan raises stainless steel export prices for 5th consecutive time in Mar’25

Indonesia’s Tsingshan, one of the largest stainless steel producers, has increased its export prices by $80/t for the fifth consecutive time in Mar’25. The price for 304-series HRC now stands at approximately $1,780/t. This hike raises concerns in markets where demand remains weak, adding pressure on industry participants amid rising raw material costs.