Intel Details

India: Major stainless steel manufacturer raises coil prices on raw material volatility

Stainless Steel
16 Feb 2026, 10:14 IST
Steel Mint Intel

India's leading stainless steel coil manufacturer has announced a price increase, effective 15 Feb, driven by global cost pressures, rising molybdenum prices, and nickel price volatility. Revised prices are as follows:

  • 304 grade coils: +INR 2,000/t
  • 316 grade coils: +INR 4,000/t
  • 400 series grade coils: + INR 3000/t
  • JT coils: +INR 2,000/t

16 Feb 2026, 10:14 IST
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