Author: Manya Dewangan
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India: Leading stainless steel producer raises coil prices amid gas shortage
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…