Tag: India stainless steel price trend 2026
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India: Stainless steel prices rangebound during Holi; war tensions and rising alloy costs may lift prices
Holiday-led slowdown limits trading activity Rising molybdenum prices add cost pressure India’s stainless steel prices remained largely rangebound this week as market activity slowed during the Holi festival, with most participants adopting a holiday mood and deferring purchases. Limited trading kept spot prices steady, although market sentiment is turning cautiously bullish for the coming week.…