Tag: Indian steel price hike news
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India: Leading stainless steel producer raises coil prices on cost pressures and strong dollar
A leading stainless steel producer in India has increased prices for HR and CR coils, effective 1 April, marking the first hike of the month. The revision is driven by rising logistics costs, a stronger US dollar, and ongoing geopolitical tensions impacting energy and gas supply. Revised prices are as follows: 304/304L : +INR 2,500/t…