Indian steelmaker
Jindal Stainless Ltd (JSL) hiked its prices for
stainless steel products by more than Rupees 6,000/mt ($133) due to rising
manufacturing costs. A company official said, "Rising input costs have subsequently increased the cost of
production of
stainless steel and we had to raise the prices." JSL produces
stainless steel slabs,
stainless steel hot rolled coil and
stainless steel cold rolled coil products.