India: Leading stainless steel coil maker cuts 300 series tags for Nov’25

India’s leading stainless steel coil manufacturer reduced prices of its 300-series products, effective 3 Nov’25. The adjustment follows a temporary relaxation on imports, allowing the use of non-BIS-compliant material until 31 Dec’25. Consequently, 304 coils prices were reduced by INR 6,000/t ($67/t) and 316 coils by INR 9,000/t ($101/t). This is the first price revision for Nov’25. LME nickel prices currently stand at around $15,230/t.