Lead Ingot
Lead ingots are blocks of lead used in various industries due to their high density and corrosion resistance. These are primarily used in the manufacturing of b...
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Zinc Market Update: LME, MCX and SHFE Prices Fall as Supply Tensions Ease
Zinc prices have been experiencing fluctuations across multiple markets. The LME zinc price dropped by 4.65% with SHFE prices falling by 0.62%. On the MCX, zinc closed at a decrease of 3.23%. Inventory levels have increased, particularly with a rise in LME stocks, easing some short-term supply concerns.
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Stainless Steel Prices Firm Up as Nickel Surges Over 9% in a Week
The stainless steel market continues to show mixed trends across series, with demand improving and imports facing hurdles. Prices remain steady to firm, particularly in the 200 and 300 series, as global nickel prices rise. Domestic supply remains tight, especially for 300 series, pushing prices upward. Additionally, LME nickel has surged over 9% since last week, countering early speculation about price corrections.
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Stainless Steel Rates Firm; 200 Series Sees Strong Domestic Demand
Nickel and copper prices opened significantly higher. Stainless steel prices remain steady with a slight upward trend across key grades. The 200 series continues to see strong domestic demand due to limited imports, while global trade moves—like US tariffs and EU dialogues—are reshaping sourcing strategies. Experts expect prices to remain strong, especially for 300 and 400 series grades.
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Nickel, Copper Rise; Global Trade Moves and Raw Material Costs Shape Stainless Outlook
Stainless steel prices remain mostly stable despite rising nickel and copper prices. The 200 series continues to show strong domestic demand due to limited imports, while the 300 and 400 series see a mild pickup in activity. Global market developments—including tariffs, anti-dumping measures, and raw material trade moves—are expected to influence pricing and supply dynamics in the coming weeks.
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Nickel Up, Copper Down: Stainless Steel Market Holds Ground
Stainless steel prices remain stable across grades with mild demand recovery in 300 and 400 series. The 200 series is witnessing strong buying interest driven by limited import availability. Global headwinds like US tariffs, EV-led nickel demand, and recycled metal growth continue to shape market sentiment for 2025.
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Nickel Falls 2.67%; Stainless Steel Prices Hold Firm in Domestic Market
Nickel prices fell 2.67% while copper saw a minor uptick. Indian stainless steel retail rates remain steady amid cautious demand recovery in 300 and 400 series. Taiwan raised 304 prices, while global trade tensions intensified with China retaliating against U.S. tariffs. Domestic 200 series demand stays strong due to low imports, and experts expect price firmness across grades.
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Copper Falls Sharply; Global Tariff Tensions Mount as Stainless Steel Prices Hold
Copper dropped nearly 7%, but Indian stainless steel prices stayed firm. Demand for the 200 series remains strong amid import shortages. New U.S. tariffs may disrupt global trade, though India’s direct impact is minimal. Domestic demand for No.4 PVC finish and rising global nickel control continue to shape the market. Experts anticipate further price resilience in 300 and 400 series.
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Nickel, Copper Down as US Tariffs Shake Up Steel Market
Nickel and copper prices fell today, while stainless steel prices remained stable. Demand for the 300 and 400 series is improving slightly, while the 200 series remains strong due to limited imports. Global trade policies are impacting supply chains, with the US imposing higher steel tariffs and Vietnam introducing anti-dumping duties. Experts expect the 300 series to rise.
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Stainless Steel Prices Hold Firm as Demand Improves in 200 & 400 Series
Nickel and copper prices opened lower today. Domestic stainless steel prices remain stable, with 304 CR wider 2B retailing at Rs 199-200/kg (ex-Delhi), and 316L HR imported material at Rs 320-323/kg. The 200 series is seeing strong demand due to limited imports, while the 300 and 400 series also show signs of improvement. Meanwhile, the US is imposing new import tariffs.
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