Tag: 304 HRC prices Mumbai

India: Stainless steel finished market remains range-bound amid weak demand

Aug 20, 2025

—

by

Manya Dewangan

in Stainless Steel

Sales stayed weak due to sluggish seasonal offtake Ferro molybdenum surged INR 63,000/t on demand India’s stainless steel market remained range-bound this week due to weak demand and limited trading activity. BigMint’s benchmark assessment for 304-series hot-rolled coils (HRCs) remained steady w-o-w at INR 187,000/t ex-Mumbai. Meanwhile, 304L black round bars (25-100 mm) was assessed…