India’s leading stainless steel coil manufacturer has increased HRC offers due to rising LME nickel prices, sources informed BigMint. The price hike, effective 4 Oct’24, is the company’s first this month. Notably, prices of 316L- and 304-grade HRCs have risen by INR 3,000/t ($35/t). However, demand for finished flat products continues to be sluggish.
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