Tag: 000/t ($138/t)

India: Leading stainless steel manufacturer increases coil prices by up to INR 12,000/t ($138/t)

Aug 20, 2025

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by

Kanishka Chhabria

in Stainless Steel

India’s leading stainless steel coil producer has increased prices effective 20 Aug’25. The company lifted 304-grade HRC and CRC by INR 5,000/t ($57/t) and 316 grades HRC and CRC by INR 12,000/t ($138/t). The adjustment in 316 grades reflects higher molybdenum costs, while the rise in 304 comes despite unchanged scrap prices.