Tag: India: Stainless steel market turns mixed as flats lose momentum

Longs segment supported by steady bookings Export market subdued amid elevated freights India’s stainless steel market showed a divergent trend in the week ended 8 April 2026, with the flats segment losing steam after a recent rally, while longs maintained firm momentum. Sentiment softened following the US-Iran ceasefire announcement, prompting cautious participation and triggering expectations…