India: Major stainless steel producer raises coil prices again on higher input costs

A leading stainless steel producer in India has announced a fresh price hike for HR and CR coils, effective 21 Apr'26, marking its second increase this month. The revision comes amid rising nickel prices and persistent energy cost pressures. The updated prices are as follows:

• 304 HR: +INR 1,000/t
• 316 HR/CR: +INR 3,000/t
• JT HR: +INR 1,000/t
• JT CR : +INR 2,000/t