Tag: 316 hrc price india
-

India: Stainless steel finished market remains range-bound w-o-w amid nickel volatility
—
by
Longs demand remains tepid despite firm inputs QCO extension eases near-term supply bottlenecks India’s stainless steel finished market remained largely unchanged week-on-week, as volatile nickel prices and limited spot buying kept transactions thin. A firmer rupee weighed on export competitiveness, while domestic buyers adopted a wait-and-watch stance despite firm alloy input costs. Mills indicated that…