Tag: Indian mills production cut

India: Stainless steel prices hold steady w-o-w despite weak demand

Jun 25, 2025

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by

Manya Dewangan

in Stainless Steel

LME nickel prices largely stable w-o-w Demand remains weak amid monsoon slowdown India’s stainless steel (SS) finished flats and longs prices remained stable w-o-w amid moderate demand. BigMint’s benchmark assessment for stainless steel 304 series hot-rolled coils (HRCs) hovered at 182,000/tonne (t), while 304L (25-100 mm) black round bars stood at INR 157,000/t, both ex-Mumbai.…