Tag: nickel price volatility market

India: Major stainless steel manufacturer raises coil prices on global uncertainities

Mar 9, 2026

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by

Manya Dewangan

in Stainless Steel

A leading stainless steel coil manufacturer in India has raised prices effective 9 March, citing rising molybdenum costs, nickel price volatility, a strong US dollar, and growing geopolitical tensions impacting energy and gas supply. Revised prices are as follows: 304/304L (HR/CR): +INR 7,000/t 316/316L (HR/CR): +INR 10,000/t JT (HR/CR): +INR 3,500/t