India: Stainless long steel prices remain on slow lane due to weak overseas demand

Source: BigMint Oct 29, 2026 08:42

Export prices remain under pressure amid weak demand. Elevated freight costs, scrap shortages challenge suppliers

India's stainless steel longs export market witnessed subdued activity during the assessment week ended October 27, 2026, amid limited fresh bookings and weak overseas demand. Elevated freight costs and tight scrap availability continued to challenge suppliers, while cautious buying weighed on market sentiment. The European market remained subdued following the

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