A leading stainless steel producer in India has increased prices for HR and CR coils, effective 1 April, marking the first hike of the month. The revision is driven by rising logistics costs, a stronger US dollar, and ongoing geopolitical tensions impacting energy and gas supply. Revised prices are as follows:
- 304/304L : +INR 2,500/t
- 316/316L : +INR 7,500/t
- 400 series : +INR 2,000/t
- 200 series : +INR 2,000/t
Leave a Reply