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India’s Stainless Steel Market Expands as Infrastructure Projects Accelerate

India’s stainless steel market continues to grow strongly as new infrastructure projects, urban development and industrial activity increase across the country. IMARC Group reports that the market reached US $5,350.7 million in 2024, and it expects the value to touch...

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India’s Stainless Steel Market Stays Quiet Amid Weak Demand

India’s domestic stainless steel market stayed quiet this week as weak demand and uncertainty kept trade muted. Finished flat prices held steady, while traders waited for clarity on import policy expected in mid-November. BigMint assessed stainless steel (304 series) hot-rolled...

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Jindal Stainless Director Vijay Sharma Appointed Chair of Minerals & Metals Committee at PHDCCI

Jindal Stainless announced that its Director, Vijay Sharma, has taken charge as Chair of the Minerals & Metals Committee at the PHD Chamber of Commerce and Industry (PHDCCI). He will serve in this role for the presidential year 2025-26. The...

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Jindal Stainless reports strong Q2 growth with Rs 10,893 crore consolidated revenue

Jindal Stainless Limited (JSL) reported strong financial results for the quarter ended 30 September 2025. The company recorded a sales volume of 6,48,050 tonnes, marking a 14.8 per cent rise year-on-year. Standalone net revenue grew by 11.6 per cent to...

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Asia’s Forged Stainless Steel Bar Market Set to Recover as India Leads Exports

Asia’s forged stainless steel bar market is showing signs of a slow recovery after years of decline. As per a report by IndexBox, the market stood at US $8.1 billion in 2024, with total consumption at 2.4 million tonnes. Analysts...

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India’s Stainless Steel Scrap Prices Remain Under Pressure amid Weak Demand

India’s stainless steel scrap prices continued to drop this week as weak buying interest and sufficient scrap availability weighed on the market. Additionally, mills preferred using nickel pig iron (NPI) and semi-finished products, which reduced the need for scrap. BigMint...

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