India: Stainless steel prices show mixed trends; festive demand, weak liquidity limit buying

Source: BigMint Oct 23, 2026 10:00

Flats prices remain largely stable; 316-grade HR coil, black bar prices decline. Pre-Diwali purchases supportflats trade, longs demand remains subdued

India's stainless steel market remained subdued in the week ended 21 October 2026, as festive-season disruptions, liquidity constraints and cautious procurement limited trading activity. While pre-Diwali requirements provided some support to flat-product demand, buying remained largely need-based. Long products continued to face weaker demand amid limited export opportunities and

Price Curve

Daily Prices

Major steel product prices: Guangdong

Oct 23, 2026 17:10
Construction steel prices: Chaoshan

Oct 23, 2026 17:09
Major steel product prices: Chengdu

Oct 23, 2026 17:08
HRC prices: China's major cities

Oct 23, 2026 17:08
Major steel product prices: Sichuan

Oct 23, 2026 17:08

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