India: Stainless steel market stays firm, longs outperform flats on tighter raw material supply

Source: BigMint Apr 17, 2026 09:00

Long products gain on improved bookings and firmer sentiment. Nickel strength and feedstock shortages keep overall market supported

India's stainless steel market remained firm this week, with long products outperforming flats as tighter raw material availability and improved buying sentiment supported prices. Supply-side constraints, including shortages of key inputs and limited gas availability affecting mill operations, continued to underpin the market. Flats remain range-bound on cautious buying The flat

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Apr 17, 2026 11:24
Nickel ore portside prices: Lianyungang port

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