Tag: weak stainless steel demand monsoon
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India: Stainless steel finished market remains range-bound amid weak demand
Sales stayed weak due to sluggish seasonal offtake Ferro molybdenum surged INR 63,000/t on demand India’s stainless steel market remained range-bound this week due to weak demand and limited trading activity. BigMint’s benchmark assessment for 304-series hot-rolled coils (HRCs) remained steady w-o-w at INR 187,000/t ex-Mumbai. Meanwhile, 304L black round bars (25-100 mm) was assessed…