Tag: Asian NPI market

India: Stainless steel 316 grade coil prices edge up w-o-w, longs slip amid tepid demand

Jun 11, 2025

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by

Manya Dewangan

in CRC, HRC, Stainless Steel

316-grade tags witness INR 4,000/t increase Exports sluggish, no relief for Indian producers India’s 316-grade stainless steel (SS) finished flats prices saw a w-o-w uptick after major coil producers announced a price hike of INR 4,000/t, effective 6 June 2025. This increase was largely driven by a sharp rise in ferro molybdenum (FeMo) prices, prompting…