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Stainless Steel News Today

Latest Market News Of Stainless Steel

Daily Report Insights News

EU’s carbon tax to kick in from Jan 1; may hurt Indian steel, aluminium exporters: GTRI

2 days ago

Stainless Steel

News

thehindubusinessline.com

EU's carbon tax starts Jan 1, hurting Indian steel/aluminium exporters. Prices may drop 15-22%. Exports to EU fell 24.4% ($7.71B to $5.82B). Strict emissions data and verification are mandatory from 2026.

119

[SMM In-Depth Analysis] Off-Season Futures Surge Creates Arbitrage Window: High-Grade NPI Price Drivers and Outlook

High-grade NPI prices surge on supply deficit expectations and macro sentiment, creating arbitrage. Transaction prices are 950-960 yuan/mtu to 995 yuan/mtu. Stainless steel recovery may boost NPI acceptance to 980 yuan/mtu.

318

The rapid rise in iron ore prices has suppressed steel mills' purchase willingness [SMM Brief Comment].

Iron ore futures surged to 828, up 4.09, suppressing steel mills' buying. Shandong PB fines rose 20-25 yuan/mt. Blast furnace operating rate hit 85.99%, with hot metal production up 15,800 mt, supporting prices.

616

【SMM Analysis】India's Steel Industry Deep Dive: Strategic Shifts Amid Supply-Demand Imbalance and Global Implications

India's 2030 steel capacity is projected at 240MT. With 7% demand growth outpacing 5% production, the supply-demand gap widens to 25.5MT net imports by 2030, making India a structural net importer, especially for high-end steel.

1210

Stainless Steel Prices

Imported

SS Cold Rolled Coils

201, N1

0.26-0.90mm

₹1,73,000/MT

2.37%

2 days ago

EX - Mumbai

Imported

SS Cold Rolled Coils

201, N1

0.26-0.90mm

₹1,73,000/MT

2.37%

2 days ago

EX - Delhi

Imported

SS Cold Rolled Coils

201, J3 Narrow

0.9mm-2mm

EX - Delhi

Imported

SS Cold Rolled Coils

316L

0.40-2.00mm

EX - Delhi

Rimjhim

SS Cold Rolled Coils

304 Wide

0.40-2.00mm

EX - Kanpur

Imported

SS Cold Rolled Coils

316L

0.40-2.00mm

EX - Mumbai

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Login Now to Get Free Access to 4,00,000 + Prices

Stainless Steel News Today

Latest Market News Of Stainless Steel

Daily ReportInsightsNews

EU’s carbon tax to kick in from Jan 1; may hurt Indian steel, aluminium exporters: GTRI

Dalian iron ore dips on rising portside inventory, but reports weekly gain

China compound fertilizer output to reach 57.11 mln tonnes in 2026

China's ethylene industry to see additional 8.50 mln t/y capacity in 2026

Brazilian HRC export price stable in two weeks

Asian Nickel Prices Continue to Rise Sharply – Stainless Espresso

China's propylene market to still face oversupply in 2026

[SMM In-Depth Analysis] Off-Season Futures Surge Creates Arbitrage Window: High-Grade NPI Price Drivers and Outlook

The rapid rise in iron ore prices has suppressed steel mills' purchase willingness [SMM Brief Comment].

【SMM Analysis】India's Steel Industry Deep Dive: Strategic Shifts Amid Supply-Demand Imbalance and Global Implications

Stainless Steel Prices

Tell Us Your RequirementBest Rates | Working Capital | Delivery Anywhere

Daily Report Insights News