India’s Stainless Steel Prices Hold Steady Despite Weak Demand
India’s stainless steel finished flats prices stayed firm last week as rising input costs offset weak demand. Global producers announced mixed alloy surcharge changes for October 2025 deliveries. Acerinox reduced surcharges on 304 and 430 grades but increased 316L and...
Read More
Stainless Steel Maker Jindal Stainless signs Rs 41,580 crore MoU for Raigad plant
Jindal Stainless signs a landmark MoU with the Government of Maharashtra at AIIFA Steelex 2025 in Mumbai. The company will set up a 4 MTPA stainless steel plant in Raigad with an investment of Rs 41,580 crore. Shashibhushan Upadhyay, Chief...
Read More
Stainless Steel Prices in India Jumps Amid New Steel Quality Order
A new quality control order (QCO) on stainless steel has triggered a clash between India’s MSMEs and the government. Importers say the rule has driven up domestic prices and created supply shortages. In a letter dated 17 September, the Metals...
Read More
Stainless Steel Supply Disrupts Due to US Tariffs and Geopolitics
Outokumpu, a global leader in sustainable stainless steel, has revealed how tariffs and geopolitical tensions are changing stainless steel procurement worldwide. The company released a whitepaper, The Evolution of Materials, based on a survey of 70 senior decision-makers at companies...
Read More
Stainless Steel Demand to Drive Global Ferrochrome Market to US $30.21 Billion by 2032
The global ferrochrome market reached a value of US $21.65 billion in 2024 and will grow steadily over the coming years. Analysts expect total revenue to rise at a CAGR of 4.25 per cent from 2025 to 2032, touching nearly...
Read More
Stainless Steel Flats in India Show Mixed Trends, Mills Eye Price Hike
India’s stainless steel finished flats market moved in a narrow range this week. Prices of 304-series stayed flat, while 316-series tags gained due to stronger molybdenum costs. Mills are preparing for another price increase because of higher input costs. BigMint...
Read More
