Tag: stainless steel price weekly update
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India: Stainless steel prices show mixed trends; festive demand, weak liquidity limit buying
Flats prices remain largely stable; 316-grade HR coil, black bar prices decline Pre-Diwali purchases support flats trade, longs demand remains subdued India’s stainless steel market remained subdued in the week ended 21 October 2026, as festive-season disruptions, liquidity constraints and cautious procurement limited trading activity. While pre-Diwali requirements provided some support to flat-product demand, buying remained…