India’s leading stainless steel coil manufacturer increased tags of its 300 series products, effective 8 Mar’25, following a rise in prices of nickel, a key raw material. This week, LME nickel prices hit $16,000/t, a six-week high. As a result, prices of 304 and 316 HRC and CRC grades were raised by INR 2,000/t ($22/t).
India: Leading stainless steel coil maker hikes prices by INR 2,000/t ($22/t)
000/t ($22/t) 300 series coils price increase 300 series stainless steel price 304 316 HRC CRC price increase India stainless steel coil prices India stainless steel market trends. India’s leading stainless steel coil maker hikes prices by INR 2 Jindal Stainless Limited JSL LME nickel six-week high nickel price impact on stainless steel nickel price rise nickel prices impact on steel prices raw material price increase stainless steel coil manufacturer India stainless steel market India stainless steel price hike
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