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4 days agoSS Cold Rolled CoilsSS Hot Rolled Coils

India Stainless Steel Market– 200 Series Leads Growth, Prices Stay Firm Across Grades

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.
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15 days agoSS Cold Rolled CoilsSS Hot Rolled Coils

Stainless Steel Market Update: Prices Hold Steady, Demand Grows in 200 and 400 Series

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.
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26 days agoSS Cold Rolled CoilsSS Hot Rolled CoilsCCR Wire Rod

Stainless Steel Prices Hold as 200 Series Outperforms, 300 Series Slows

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.
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1 month agoCopper CathodeCopper Wire RodCCR Wire Rod

Stainless Steel Market Firm; 200 Series Strengthens While Supply Worries Persist in 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.
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1 month agoCopper Wire RodCopper CathodeCCR Wire Rod

Stainless Steel Market Update: Rising Prices, Tight Supply in 200 & 300 Series

Stainless steel prices are showing firmness across grades, especially in the 200 and 300 series, driven by supply shortages and increased demand for PVC-coated material. Jindal Stainless has raised prices by Rs 2/kg for 304/316L as demand improves. 304 CR wider 2B now trades at Rs 189–194/kg, while 316L HR imported is around Rs 330/kg. Scrap purchase prices have also increased, reflecting cost pressures.
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1 month agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

Stainless Steel Market Sees Rising Demand, Supply Constraints in May

Stainless steel prices across all major series (200, 300, and 400) remain firm in May 2025, with demand improving and supply tight, especially in the 300 series. While 200 series sees upbeat demand due to reduced imports. As global trade tensions mount, the industry pushes for tariff protections to safeguard local manufacturers.
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1 month agoSS Cold Rolled CoilsSS Hot Rolled CoilsCCR Wire Rod

Stainless Steel Demand Grows in 200 & 400 Series; 300 Series Set to Rise

Stainless steel prices in India are holding steady with strong performance in the 200 and 400 series, while the 300 series sees a slow but positive uptick in demand. Import pressures, especially from China and ASEAN countries, have led the Indian industry to seek protection through safeguard duties. Meanwhile, No.4 PVC material demand continues to rise, and retail pricing remains firm.
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2 months agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

Stainless Steel Prices Hold Firm as Imports Dry Up

Stainless steel prices remain firm across grades, with 304 and 316L seeing stable retail ranges. Shortage in imported supply is boosting demand for domestic 200 and 300 series. Scrap buying rates stay elevated, reflecting mills’ bullish outlook. Export disruptions due to U.S. tariffs are pushing Indian producers to prioritize local buyers. Market insiders expect continued strength across all series.
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2 months agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

Stainless Steel Prices Firm as JSL Hikes by Rs 3/kg and Supply Tightens Across Grades

Stainless steel prices across 200, 300, and 400 series are trending higher due to tightening supply and increased demand, especially in domestic markets. Jindal Stainless Limited raised prices by Rs 3/kg for widths above 1300mm. Meanwhile, scrap buying rates remain high, reflecting bullish sentiment. Price expectations remain firm across all series due to ongoing logistical and regulatory constraints.
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2 months agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

Stainless Steel Price Trends: Marginal Improvements Amid Supply Constraints

The stainless steel market is seeing gradual demand improvements, especially in the 300 and 400 series, but supply issues continue. Prices for 304 CR and 316L HR material are holding steady, with fluctuations in imported and domestic material pricing. Demand in the 200 series has risen significantly due to limited imports.
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2 months agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

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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2 months agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

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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