Author: Drishya Yadav
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India: JSL cuts stainless steel prices by up to INR 5,000/t
India’s largest stainless steel producer, Jindal Stainless Limited (JSL), has announced a price cut of INR 5,000/t in 316L owing to decrease in molybdenum prices, SteelMint understands. The price for 304 grade was cut by INR 3,000/t, and INR 2,000/t in JT grade stainless steel, sources informed. As per latest assessment, prices for ferro molybdenum…