Tag: Dollar exchange rate impact on Indian steel India stainless steel industry news BigMint

Flats demand improves m-o-m but remains sluggish y-o-y Leading producer reportedly considering another price hike India’s stainless steel finished flats market held mostly steady this week, with 304-series prices unchanged while 316-series tags gained on firm molybdenum costs. BigMint assessed 304-series hot-rolled coils (HRCs) at INR 190,000/t ex-Mumbai, flat w-o-w, while 304L black round bars…