SS Cold Rolled Coils (304 Narrow) 0.40-2.00mm in Mumbai

Nickel and copper prices saw a slight dip today. Stainless steel demand is improving, particularly in the 200 series. Market experts anticipate price increases in the 300 and 400 series due to high USD rates and regulatory factors. Meanwhile, Jindal Stainless seeks duty cuts, reporting a drop in Q3 net profit.

Stainless steel prices remain firm, with the 200 series witnessing strong demand due to an import shortage. The 300 and 400 series show gradual improvement despite cash flow concerns. Nickel remains stable, while copper sees a minor uptick. Global factors, including tariff discussions and possible Fed rate cuts, may influence pricing.

Stainless steel prices remain stable, with slight fluctuations in nickel and copper. The 200 series is seeing strong demand due to limited imports, while the 300 and 400 series are gradually picking up. Global trade uncertainties, including potential US tariffs on Canadian steel and EU import safeguard debates, could impact future pricing. Experts anticipate price hikes in the 300 and 400 series.

Stainless steel prices remain mixed across grades, with 200 series demand surging due to import shortages. Retail prices for 304 CR wider range between Rs.197-199/kg, while 316L HR imported material is priced at Rs.318-322/kg. Demand is improving for the 300 and 400 series, while the stainless steel industry is pushing for favorable policy changes ahead of India’s Union Budget.

Stainless steel prices remained stable, with 304 CR wider 2B priced at Rs. 197-199/kg and SS 316L HR at Rs. 318-322/kg. Demand for the 200 series is strong due to shortages in imports, while the 300 and 400 series see modest improvements. Despite some fluctuations, the market remains optimistic, especially with domestic demand rising in key sectors.

Stainless steel prices remain stable with slight variations across different series and materials. While the demand for 300 and 400 series shows gradual improvement, the 200 series experiences a surge due to a shortage of imported material. Globally, trade tensions, increased Chinese exports, and projected market growth for stainless steel products add to the market's dynamics.

Stainless steel prices show mixed trends with nickel and copper declining, while demand remains weak in some series. Prices for 304 CR and SS 316L are steady, while the 200 series sees increasing demand due to supply shortages. Taiwan’s mills may adjust prices post-Lunar New Year, and China’s oversupply continues to affect exports.

Stainless steel prices remain stable with slight increases anticipated across 200, 300, and 400 series due to supply issues and import challenges. Demand for 200 series stainless steel is rising, driven by imported material shortages. Freight rates dropped significantly last week, but U.S. tariff plans on Canada and Mexico could disrupt global markets.

Nickel prices have increased alongside strong Chinese economic data and stainless steel gains. Copper sees long-term strength driven by green energy demand despite falling today. Domestically, rising USD rates, reduced imports, and a cash crunch influence the market. Meanwhile, India advances its low-emission steel initiatives, supporting future sustainability efforts.