SS Cold Rolled Coils Price (316L) 0.40-2.00mm in Kanpur

Stainless steel prices remain stable in the 300 series, while the 200 and 400 series are witnessing strength due to limited imports and rising demand. Nickel is trading at $15,269/ton and copper at $9,793/ton. Scrap procurement remains active. Jindal Stainless has entered a strategic partnership with Gati Shakti Vishwavidyalaya to promote research and academic collaboration in steel applications.

Stainless steel prices remain stable in India, with a mixed demand outlook across different series. The 200 series sees strong demand due to limited imports, while the 300 series experiences weak demand but some supply shortages. Japan’s anti-dumping probe against China and Taiwan may further influence global pricing sentiment.

India’s stainless steel market shows mixed trends across series. While 300 series demand is soft, 200 and 400 series remain strong due to limited imports and rising application. Scrap buying remains active. ISSDA reports 8% annual growth in consumption, projecting long-term strength led by green energy and infrastructure sectors.

Stainless steel prices remain steady across grades, with 300 series showing flat demand and 200 series witnessing strength due to limited imports. ISSDA reports 8% consumption growth in FY25, signaling robust market fundamentals. Scrap prices remain stable, while end-user sectors continue to influence grade-wise performance amid evolving supply trends.

Stainless steel prices remain steady across most grades, with the 200 series showing bullish momentum due to limited imports. While 300 series demand is subdued, select shortages are supporting price stability. Scrap procurement remains active, and long-term sector growth is driven by infrastructure and urbanization, as highlighted by ISSDA data.

Stainless steel prices in India remain stable to firm, with 200 series showing strong domestic demand due to limited imports. 304 and 316L grades are stable, while scrap prices stay elevated. Stainless steel consumption in India has grown 84% over five years, driven by infrastructure and transport sectors, with further growth expected.

Stainless steel prices in India remain steady across grades with slight upward movements in 316L. The market is witnessing strong demand in the 200 and 400 series, driven by limited imports and infrastructure push. Domestic consumption has surged 84% over five years, reaching 4.8 million tonnes in FY25. While 300 series demand is lukewarm, No.4 PVC finishes continue to gain traction. Experts expect continued momentum in 200 and 400 series amid stable to strong price trends.

The stainless steel market demand in the 300 series remains subdued but steady, while the 200 series is seeing a strong surge due to limited imports. Prices for 304 CR and 316L remain stable, with a slight premium on Indian materials. Jindal Stainless has raised N4 finish prices by Rs 2/kg. Further, No.4 PVC demand continues rising across both 200 and 300 series.

Stainless steel prices continue to hold firm across all major grades. While 300 series demand is improving, supply shortages persist. The 200 series remains upbeat amid limited imports, and the 400 series is seeing rising interest. Meanwhile, ISSDA plans to approach DGTR to investigate dumping and recommend anti-dumping duties on stainless steel imports.