Tag: India: Leading stainless steel manufacturer increases coil prices by up to INR 12

India’s leading stainless steel coil producer has increased prices effective 20 Aug’25. The company lifted 304-grade HRC and CRC by INR 5,000/t ($57/t) and 316 grades HRC and CRC by INR 12,000/t ($138/t). The adjustment in 316 grades reflects higher molybdenum costs, while the rise in 304 comes despite unchanged scrap prices.