Tag: HR CR stainless steel coils
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India: Major stainless steel producer cuts coil prices as weak demand, lower nickel costs weigh on market
304 HR and CR coil prices reduced by INR 5,000/t BIS relaxation expected to support stainless steel imports A leading Indian stainless steel producer has reduced domestic prices of hot-rolled (HR) and cold-rolled (CR) stainless steel coils, effective 6 July, marking its first price revision of the month. The move reflects weak downstream demand during…