India: Leading stainless steel producer hikes coil prices by INR 4,000/t ($46/t)

One of India’s leading stainless steel coil makers has raised prices for 300 series products starting 6 Jun’25.
The price for grade 316 HRC and CRC increased by INR 4,000/t ($46/t).
The price rise came amid expectations of increased demand, despite LME nickel prices remaining steady around $15,500/t.