Tag: Indian scrap market trends

India: Stainless steel prices remain largely stable w-o-w amid subdued buying interest

Oct 1, 2025

—

by

Kanishka Chhabria

in Stainless Steel

India’s stainless steel flats and longs market remained muted this week, with stable price levels but persistent demand weakness across both categories. BigMint’s assessed 304-series hot rolled coils (HRCs) at INR 192,000/t ex-Mumbai, remained unchanged. While 304L black round bars (25-100mm) also remained stable stood at INR 160,000/t. In contrast, 316-series HRCs stood steady at…