Tag: BIS certification impact

India: Stainless steel prices witness mixed trends w-o-w amid fluctuations

Aug 6, 2025

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by

Manya Dewangan

in Chrome Ore, Ferro Chrome, Ferro Molybdenum, Ferro Silicon, HR Plate, HRC, Nickel, Semi Finished, Stainless Steel, Wire Rod

Monsoon hinders progress of infrastructure projects Market subdued amid BIS certification issues India’s stainless steel market witnessed fluctuations this week, with finished flats showing mixed price movements and longs remaining range-bound w-o-w, amid limited trading activity. BigMint’s benchmark assessment for 304-series hot-rolled coils (HRCs) dropped marginally by INR 2,000/tonne (t) w-o-w to INR 185,000/t ex-Mumbai.…