One of India’s leading stainless steel producers has announced a fresh price hike for coils effective 17 March, marking the second increase in the month amid supply disruptions, rising logistics costs, and ongoing geopolitical tensions impacting gas availability. Prices for 304/304L (HR & CR) coils were increased by INR 5,000/t, 316/316L by INR 10,000/t, while 200 and 400 series coils saw a rise of INR 3,000/t.
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