SS Cold Rolled Coils
The stainless steel cold rolled coils or sheets are processed from the cold rolling process by rolling steel at room temperature. This process improves surface ...
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Nickel Drops, But Stainless Steel Prices Hold Firm
Nickel opened lower at $16,485/mt (-1.41%), while copper saw a slight dip to $9,769/mt. Despite cash flow constraints, demand for stainless steel remains steady, with the 200 series benefiting from limited imports. Global trade developments, including US tariffs on South Korean steel and Canada’s countermeasures, add uncertainty to the market. Prices for the 300 and 400 series are expected to rise, with domestic demand supporting the 200 series.
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Nickel & Copper Prices Surge as Stainless Steel Prices Hold Firm
Stainless steel prices remain steady, with 304 CR 2B retailing at Rs 197-199/kg (ex-Delhi). Limited imports are driving demand for the 200 series, while the 300 and 400 series see marginal improvement. Nickel hit a four-month high at $16,551/mt, supporting price expectations. The market outlook remains positive, with 300 and 200 series expected to gain strength due to supply constraints.
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Nickel Prices Surge as Stainless Steel Market Faces Supply Challenges
Stainless steel prices remain strong, with 304 CR wider 2B retailing at Rs 197-199/kg and SS 316L HR at Rs 318-322/kg for imported material. Limited imports continue to push 200 series prices higher, while cash constraints slightly improve 300 series demand. The London Metal Exchange (LME) nickel price surged past $16,500/mt, supported by a weaker USD and higher stainless steel production in China.
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Nickel Prices Rise; Stainless Steel Market Sees Supply Constraints and Global Trade Tensions
Stainless steel prices remain stable as nickel and base metals continue to rise. Demand for 200 and 400 series improves, while 300 series sees marginal growth. Global trade tensions, including US tariffs on Canadian and Brazilian steel, may impact market dynamics. Import constraints support higher domestic prices. Experts predict price firmness across series.
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Stainless Steel Demand Rises Amid Limited Imports & Currency Fluctuations
Nickel opened higher at $16,345/MT, while copper went down. Stainless steel prices remain firm, with 304 CR wider 2B at Rs 197-199/kg and 316L HR at RS 318-322/kg. Demand for 200 series is strong due to import constraints, while 300 and 400 series show gradual improvement. Market sentiment remains cautious, with price increases expected for key stainless steel grades.
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Stainless Steel Prices Firm as Nickel Gains, Demand Outlook Steady
Nickel prices continued their upward trend, reaching $15,983/MT, driven by a weaker USD and Indonesian supply disruptions. Stainless steel prices remained firm, with 304 CR wider 2B at Rs 197-199/kg and 316L HR at Rs 318-322/kg. Demand for 300 and 400 series is rising gradually, while 200 series remains strong due to limited imports. Prices are expected to rise further in the coming weeks.
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Nickel and Copper Show Mixed Trends; Stainless Steel Demand Growing in India
Stainless steel prices remain steady, with nickel slightly down and copper marginally up. The demand for the 200 series is rising due to limited imports, while the 300 and 400 series see modest improvements. Global market trends, including U.S. tariffs, EU trade policies, and Indonesia’s increasing nickel production, are shaping the industry outlook.
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Nickel and Copper Prices Decline, Stainless Steel Holds Firm
Stainless steel prices remain stable, with declines in nickel and copper. The 200 series sees growing demand due to limited imports, while the 300 and 400 series experience moderate improvements. Rising input costs are leading major producers to increase prices, though weak global demand and trade uncertainties continue to impact the market. Prices for the 300 and 400 series are expected to remain firm.
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Nickel, Copper Open Higher; Stainless Steel Prices Firm
Stainless steel prices remain stable, with nickel opening at $15,700/mt and copper at $9,403/mt. The 200 series sees strong demand due to limited imports, while the 300 and 400 series show marginal improvements. Global factors, including U.S. tariffs on copper and Mexico’s steel exports, are impacting the market. Experts predict a price rise in the 300 and 200 series due to currency fluctuations and supply issues.
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Market Reports
Nickel Drops, But Stainless Steel Prices Hold Firm
Nickel opened lower at $16,485/mt (-1.41%), while copper saw a slight dip to $9,769/mt. Despite cash flow constraints, demand for stainless steel remains steady, with the 200 series benefiting from limited imports. Global trade developments, including US tariffs on South Korean steel and Canada’s countermeasures, add uncertainty to the market. Prices for the 300 and 400 series are expected to rise, with domestic demand supporting the 200 series.
Read Story
Nickel & Copper Prices Surge as Stainless Steel Prices Hold Firm
Stainless steel prices remain steady, with 304 CR 2B retailing at Rs 197-199/kg (ex-Delhi). Limited imports are driving demand for the 200 series, while the 300 and 400 series see marginal improvement. Nickel hit a four-month high at $16,551/mt, supporting price expectations. The market outlook remains positive, with 300 and 200 series expected to gain strength due to supply constraints.
Read Story
Nickel Prices Surge as Stainless Steel Market Faces Supply Challenges
Stainless steel prices remain strong, with 304 CR wider 2B retailing at Rs 197-199/kg and SS 316L HR at Rs 318-322/kg for imported material. Limited imports continue to push 200 series prices higher, while cash constraints slightly improve 300 series demand. The London Metal Exchange (LME) nickel price surged past $16,500/mt, supported by a weaker USD and higher stainless steel production in China.
Read Story
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