India: Stainless steel finish market witness drop w-o-w amid subdued demand

Source: BigMint Jun 26, 2026 10:00

Long products witness deeper correction as order inflows remain limited. Buyers defer purchases amid volatile nickel prices

India's stainless steel market remained subdued in the week ended 24 June 2026, as weak downstream demand, declining nickel prices, and persistent global uncertainties continued to weigh on sentiment. Market participants largely adopted a cautious stance, with mills focusing on the execution of previously booked orders while fresh booking

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