Tag: Outokumpu surcharge hike
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India: Stainless steel finished flat prices rise by up to INR 2,500/t w-o-w on firm raw material costs
Domestic demand remains sluggish, export trade moderate Outokumpu surcharge hikes signal stronger global demand India’s stainless steel prices firmed up this week, supported by higher raw material costs and price hikes from domestic and global producers, though local demand stayed muted amid monsoon disruptions and the festive lull. BigMint assessed 304-series hot-rolled coils (HRCs) at…