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SS 316/316L Coil Price List in India

Navigating the world of stainless steel can be daunting, especially when it comes to finding the right materials at the right price. Among the myriad of options available, SS 316 and SS 316L coils stand out for their exceptional corrosion resistance and versatility across various industries. From offshore oil drilling to pharmaceuticals, these coils are the backbone of many critical applications. However, understanding the price landscape for these materials in India can be a challenge.

In this article, we delve into the intricate details of SS 316/316L coil pricing in India. Whether you’re a procurement manager looking to secure the best deal, an engineer needing precise specifications, or a manufacturer adjusting production costs, we’ve got you covered. We’ll explore the factors influencing prices, such as thickness, width, and finish types like Hot Rolled, Cold Rolled, 2B, and 2D. Additionally, we’ll provide a comprehensive price list from reputable suppliers to help you make informed decisions. Stay with us as we unravel the complexities of SS 316/316L coil prices and guide you through the essential information needed to navigate this market efficiently.

Introduction

Overview of SS 316/316L Coils

SS 316/316L coils are essential in various industrial applications due to their outstanding properties. These coils are made from stainless steel grades 316 and 316L, which are known for their excellent corrosion resistance, high strength, and durability. The "L" in 316L indicates a lower carbon content, enhancing its resistance to sensitization and making it ideal for welding applications.

Importance of SS 316/316L Coils

Stainless steel coils, especially 316/316L, are crucial in industries that need materials capable of withstanding harsh conditions. These coils are widely used in sectors like chemical processing, marine environments, pharmaceuticals, and food processing due to their resistance to corrosion from chemicals, salts, and acids.

Relevance of Knowing the Price List

Knowing the price list of SS 316/316L coils is important for several reasons:

  • Budgeting and Cost Management: Accurate pricing information helps procurement managers and manufacturers plan their budgets effectively, ensuring resource allocation is appropriate and unexpected costs are avoided.
  • Market Analysis: For businesses in stainless steel trading or manufacturing, tracking price changes is essential for staying competitive and making informed purchasing decisions.
  • Quality and Specification Matching: Having a detailed price list helps engineers and project managers select materials that meet both technical and financial requirements.

Key Considerations

When evaluating the price list for SS 316/316L coils, consider the following factors:

  • Thickness and Width: Prices vary based on the coil’s dimensions. Thinner and narrower coils generally cost less per unit weight than thicker and wider ones.
  • Finish Types: The surface finish, such as Hot Rolled, Cold Rolled, 2B, or 2D, affects the price. Different finishes have varying processing costs and applications.
  • Market Conditions: Prices can change due to fluctuations in raw material costs, supply and demand, and economic conditions. Staying updated with market trends is crucial for cost-effective purchasing.

By understanding these aspects, stakeholders can make well-informed decisions when procuring SS 316/316L coils, ensuring they meet both technical specifications and budgetary constraints.

Material Specifications

Chemical Composition

SS 316 and SS 316L

  • Carbon: 0.08% (SS 316), 0.030% (SS 316L)
  • Manganese: 2.00%
  • Silicon: 0.75%
  • Chromium: 16.00 – 18.00%
  • Nickel: 10.00 – 14.00%
  • Molybdenum: 2.00 – 3.00%
  • Phosphorous: 0.045%
  • Sulfur: 0.030%
  • Nitrogen: 0.10%
  • Iron: Balance

Physical Properties

Both SS 316 and SS 316L share similar physical properties:

  • Melting Range: 2540-2630°F (1390-1440°C)
  • Density: 0.29 lb/in³ (8.027 g/cm³)
  • Modulus of Elasticity in Tension: 29 x 10^6 psi (200 GPa)
  • Linear Coefficient of Thermal Expansion (20-100°C): 16.5·10^-6 cm/cm°C

Mechanical Properties

  • Tensile Strength: 75,000 psi (515 MPa) (SS 316), 70,000 psi (485 MPa) (SS 316L)
  • Yield Strength: 30,000 psi (205 MPa) (SS 316), 25,000 psi (170 MPa) (SS 316L)
  • Elongation in 2” (50mm): Minimum 40% for both

Comparison Between SS 316 and SS 316L

The lower carbon content in SS 316L (0.030%) enhances its resistance to sensitization, making it more suitable for welding compared to SS 316 (0.08%). Despite having slightly lower tensile and yield strengths, SS 316L maintains adequate mechanical properties for various applications.

Standards and Specifications

Both SS 316 and SS 316L conform to ASTM A240, which is the standard specification for chromium and chromium-nickel stainless steel plate, sheet, and strip for pressure vessels and general applications.

  • UNS Designations:
  • SS 316: UNS S31600
  • SS 316L: UNS S31603

Price List in India

Current Market Prices for Different Thicknesses and Widths

SS 316/316L stainless steel coils come in different thicknesses and widths, with prices varying accordingly:

  • SS 316 Coil: Prices range from Rs. 235 to Rs. 370 per kilogram.

  • Cold-rolled 316 coils (2B finish): Rs. 255-280 per kg.

  • Hot-rolled 316 coils: Rs. 235-255 per kg.

  • SS 316L Coil: SS 316L coils are priced similarly, ranging from Rs. 235 to Rs. 340 per kg.

  • Cold-rolled 316L coils (2B finish): Rs. 255-290 per kg.

  • Hot-rolled 316L coils: Rs. 235-255 per kg.

Prices for Various Finishes

The finish of the coil affects its price. Common finishes and their prices are:

  • 2B Finish (Cold-Rolled):

  • SS 316: Rs. 255-280 per kg.

  • SS 316L: Rs. 255-290 per kg.

  • No. 4 Finish (Cold-Rolled):

  • SS 316L: Rs. 280-340 per kg.

  • Hot-Rolled Finish:

  • SS 316: Rs. 235-255 per kg.

  • SS 316L: Rs. 235-255 per kg.

Thickness and Finish-Specific Prices

Prices can also vary significantly based on the specific thickness of the coils:

  • 0.5mm Thickness:

  • SS 316L (CR 2B Finish): Rs. 290 per kg.

  • SS 316L (CR No. 4 Finish): Rs. 340 per kg.

  • 1.0mm Thickness:

  • SS 316L (CR 2B Finish): Rs. 260 per kg.

  • SS 316L (CR No. 4 Finish): Rs. 285 per kg.

  • 3.0mm Thickness:

  • SS 316L (CR 2B Finish): Rs. 255 per kg.

  • SS 316L (CR No. 4 Finish): Rs. 280 per kg.

Examples of Prices from Reputable Suppliers

Several reputable suppliers in India offer SS 316/316L coils at competitive prices. Here are some examples:

  • Meena Metal Corporation:

  • Hot-rolled SS 316 coils: Rs. 370 per kg.

  • JICON STEEL INDIA:

  • Cold-rolled SS 316/316L coils: Rs. 340 per kg.

  • Abhay Steels:

  • SS 316 coils: Rs. 330 per kg.

Additional Costs and Considerations

Consider additional costs such as:

  • GST and Freight: Prices may exclude GST and freight costs.
  • Minimum Order Quantity (MOQ): Varies from 50 kg to 1000 kg depending on the supplier.

These prices provide a comprehensive view of the market rates for SS 316/316L stainless steel coils in India, helping procurement managers and industry professionals make informed decisions.

Factors Affecting Prices

Factors Influencing the Prices of SS 316/316L Stainless Steel Coils

Impact of Thickness and Width on Prices

The thickness and width of SS 316/316L stainless steel coils significantly influence their pricing. Thin coils are typically less expensive due to lower material usage, while thick coils are more costly because of higher material consumption and processing requirements. Similarly, narrow coils are generally cheaper and easier to produce, whereas wide coils are more expensive, reflecting the complexity and increased material costs.

Influence of Finish Types on Pricing

The surface finish of stainless steel coils impacts their price due to varying levels of processing and treatment. Hot Rolled Finish is usually the least expensive because of simpler processing, while Cold Rolled Finish is more costly due to additional steps for a smoother surface. A 2B finish, which is a common cold-rolled finish, is relatively affordable due to its widespread use. Conversely, a No. 4 finish, which requires finer polishing for a brushed appearance, tends to be more expensive.

Regional Variations Within India

Prices of SS 316/316L coils vary across different regions of India, influenced by local supply and demand, transportation costs, and regional economic conditions. Urban areas generally have higher prices due to increased demand and operational costs. In contrast, rural areas might have lower prices if transportation and logistical costs are minimized. Regions closer to major suppliers or ports may benefit from reduced transportation costs, leading to lower prices.

Raw Material Prices

The cost of raw materials such as nickel, chromium, and iron significantly impacts the price of SS 316/316L coils. Nickel and chromium prices directly affect coil prices due to their essential roles in the composition, while iron, as the primary material, influences overall market price variations. Fluctuations in global commodity prices, driven by factors like mining activities, export policies, and global demand, can lead to price volatility.

Market Supply and Demand

The balance between supply and demand is crucial in determining prices. High demand leads to increased prices due to competition for limited supply, whereas low demand results in lower prices as suppliers seek to offload excess inventory. An increase in demand from industries such as construction, automotive, and appliances can drive prices up, while an oversupply or reduced demand can lead to price drops.

Macroeconomic Environment

The overall health of the economy, both globally and locally, plays a significant role in determining prices. Economic growth can lead to higher demand and increased prices, while higher inflation rates can raise production costs, leading to higher prices. Currency exchange rates, such as the INR/USD, also influence stainless steel prices, with a weaker rupee potentially increasing the cost of imported raw materials.

Trade Policies and Regulations

Government trade policies, including tariffs and quotas, significantly affect the cost of SS 316/316L coils. Tariffs on imported steel can raise domestic prices, while favorable trade agreements can lower costs and ease material flow. Compliance with environmental regulations can also increase production costs, impacting prices.

Energy Costs

The cost of energy, particularly in manufacturing countries, is a key factor in the production costs of stainless steel coils. High energy costs lead to increased production costs and higher prices, whereas stable energy costs help maintain consistent production costs and stable prices.

Global Economic Health

The recovery from economic downturns and geopolitical stability in key producing countries can influence market perceptions and demand for stainless steel. Economic recovery boosts demand and can lead to higher prices, while geopolitical stability promotes consistent supply and stable prices.

Availability and Delivery Time

The availability of materials and delivery times from suppliers can impact prices. Short supply leads to higher prices due to increased competition, whereas timely delivery helps maintain stable prices by ensuring consistent availability. Delays or shortages can lead to price increases as buyers compete for limited supply.

Technological Innovation

Advances in production technology can reduce the cost of stainless steel manufacturing, potentially lowering prices over the long term. Innovative techniques can streamline production and reduce costs, though the impacts on prices are typically gradual. Technological improvements in production processes can lead to more efficient use of materials and energy, ultimately benefiting the overall cost structure.

Application Industries

Applications of SS 316/316L Stainless Steel Coils

SS 316/316L stainless steel coils are highly valued across various industries due to their exceptional strength and superior corrosion resistance. These properties make them indispensable in applications ranging from aerospace to chemical processing, food production, power generation, and beyond.

Aerospace

The aerospace industry extensively uses SS 316/316L stainless steel coils for their high strength and excellent corrosion resistance, making them ideal for critical components in jet engines, airframes, and other structural parts exposed to extreme conditions.

Chemical Processing

In chemical processing, SS 316/316L coils are used to manufacture equipment like digesters, tanks, and evaporators due to their ability to resist corrosion from aggressive chemicals such as sulfuric, hydrochloric, and acetic acids.

Food Processing

The food processing industry depends on SS 316/316L coils for their superior hygiene standards and resistance to corrosive environments. These coils are used in various equipment, including processing machines, storage tanks, and piping systems, ensuring food safety and compliance with health regulations.

Power Generation

SS 316/316L coils are crucial in the power generation sector, particularly in components like heat exchangers and furnace parts, due to their high-temperature strength and corrosion resistance.

Pharmaceutical and Photographic Equipment

The pharmaceutical industry uses SS 316/316L coils for equipment that must maintain strict hygiene standards and withstand corrosive substances, while photographic equipment benefits from these same properties for durability and reliability.

Paper and Pulp Industry

In the paper and pulp industry, SS 316/316L coils are utilized in processing equipment that faces demanding conditions. Their resistance to corrosion and mechanical wear ensures long-term performance and reduced maintenance costs.

Marine and General Manufacturing

Marine applications benefit significantly from SS 316/316L coils due to their excellent resistance to seawater and marine atmospheres, and general manufacturing industries utilize these coils for their strength and durability.

Oil and Gas

The oil and gas industry employs SS 316/316L coils in environments requiring resistance to corrosive substances and high strength at elevated temperatures, using them in pipelines, pumps, and other critical infrastructure components.

Valve and Pump Trim and Welding Applications

SS 316/316L coils are used in valve and pump trim where high strength and corrosion resistance are necessary. The 316L variant, with its lower carbon content, is particularly suited for welding applications, minimizing the risk of carbide precipitation and making it ideal for critical welded structures.

Supplier Information

List of Reputable Suppliers in India

SMM Industries LLP

SMM Industries LLP is a well-known supplier and stockist of SS 316 and SS 316L coils located in Mumbai, India. They offer a variety of products in different surface finishes, sizes, and dimensions, including both hot-rolled and cold-rolled options. Their focus on quality and customer satisfaction makes them a preferred choice for many industries.

Prosaic Steel and Alloys

Prosaic Steel and Alloys, located in India, is a prominent manufacturer, fabricator, importer, and stockholder of stainless steel coils, including ASTM A240 TP 316L. They provide various finishes such as No.1, No.2, No.2B, No. 8, BA Finish, Satin Finish, and Hairline Finish to meet different industrial requirements.

Jainex Steel Impex

Jainex Steel Impex is another leading supplier of SS 316 and SS 316L coils in India, offering a wide range of products for various industries. They offer coils in different widths and thicknesses to ensure clients get the exact dimensions needed for their applications.

Supplier Contact Information and Links

Meena Metal Corporation

Meena Metal Corporation specializes in hot-rolled SS 316 coils, offering high-quality products at competitive prices. They are known for their reliability and excellent customer service.

JICON STEEL INDIA

JICON STEEL INDIA offers both cold-rolled and hot-rolled SS 316/316L coils. They are known for delivering premium quality products and have an extensive product range. Their customer-centric approach makes them a trusted supplier.

Abhay Steels

Abhay Steels is well-known for supplying SS 316 coils at competitive prices. They are dedicated to maintaining high-quality standards and offer a variety of products to meet different industrial requirements.

Key Features of Suppliers

  • Product Range: Suppliers offer a wide range of SS 316/316L coils in different finishes, thicknesses, and widths to cater to various industrial needs.
  • Quality Assurance: Reputable suppliers ensure high standards of quality, adhering to international specifications and standards.
  • Customer Service: Leading suppliers are known for their excellent customer service, providing timely deliveries and responsive support.
  • Customization: Many suppliers offer customization options, allowing clients to order coils in specific dimensions and finishes as per their requirements.

These suppliers provide high-quality SS 316/316L coils to meet the diverse needs of customers across various industries.

Frequently Asked Questions

Below are answers to some frequently asked questions:

What is the current price of SS 316/316L coils in India?

The current price of SS 316/316L coils in India is approximately ₹310 per kilogram. Prices may vary slightly depending on the thickness, width, finish, and supplier. For instance, hot-rolled SS 316 coils may be priced around ₹370 per kg, while cold-rolled coils are typically around ₹340 per kg.

How do prices vary based on thickness and width?

The prices of SS 316/316L coils in India vary based on thickness and width. Thinner coils are generally more expensive per kilogram than thicker ones. For example, coils with a thickness of 0.1 mm to 0.4 mm can cost around ₹298-311 per kg, while those with a thickness of 5.0 mm to 12.0 mm might be priced at approximately ₹240 per kg. The width also influences the price, although the impact is less pronounced compared to thickness. Coils with wider dimensions have slightly varying prices, but the variation is minimal. Overall, the primary factor affecting the price is the thickness of the coil.

What are the different finishes available for SS 316/316L coils, and how do they affect the price?

SS 316/316L coils are available in several different finishes, each impacting the price due to the varying levels of processing required. The common finishes include:

  1. 2B Finish: A bright, cold-rolled finish with a smooth, reflective surface. It is widely used and generally less expensive.
  2. 2D Finish: A duller, matte finish compared to 2B, also cold-rolled, typically less costly.
  3. BA (Bright Annealed) Finish: A bright, reflective finish achieved through controlled atmosphere annealing, often pricier due to the additional processing.
  4. No. 8 (Mirror) Finish: A highly polished, mirror-like finish used in decorative applications, usually the most expensive due to extensive polishing.
  5. Satin Finish: Less reflective than No. 8 but still smooth and polished, used in architectural applications, moderately priced.
  6. Plain Finish: A basic finish without additional processing, commonly used in industrial applications, generally more affordable.
  7. Perforated Finish: Coils with punched holes for airflow or filtration, the price varies based on the complexity of the pattern.
  8. Chequered Finish: Coils with a raised pattern for traction, used in flooring, with prices influenced by the pattern complexity.
  9. Galvanized Finish: Rare for stainless steel but may be used for specific applications, typically adding to the cost.
  10. Hardness Levels (Half Hard, Full Hard, etc.): These indicate the temper of the steel rather than the surface finish, affecting the coil’s formability and price.

The price of SS 316/316L coils is influenced by the finish type, with more complex finishes like No. 8 and BA being more expensive due to the additional processing required, while simpler finishes like 2B and 2D are less costly.

Which suppliers in India offer the best prices for SS 316/316L coils?

Based on current market information, Jainex Steel & Metal and Sonic Steel are two suppliers in India that offer some of the most competitive prices for SS 316/316L coils. Jainex Steel & Metal provides SS 316/316L coils ranging from Rs. 282 to Rs. 298 per kg depending on the thickness and width, while Sonic Steel offers these coils at approximately Rs. 310 per kg. Prices can vary based on specific requirements and market conditions, so it is recommended to contact these suppliers directly for the most accurate and up-to-date pricing.

What are the typical applications of SS 316/316L coils?

SS 316/316L stainless steel coils are widely used across various industries due to their excellent corrosion resistance, high strength, and durability. Typical applications include:

  • Aerospace: Jet engine parts and other components requiring high strength and corrosion resistance.
  • Chemical Processing: Equipment such as digesters, tanks, and evaporators that operate in corrosive environments.
  • Food Processing: Equipment that demands cleanliness and resistance to corrosion.
  • Power Generation: Heat exchangers and other equipment exposed to high temperatures and corrosive conditions.
  • Pharmaceuticals and Photography: Applications requiring high purity and resistance to corrosion.
  • Marine: Components exposed to marine atmospheres, benefiting from resistance to chloride-induced corrosion.
  • General Manufacturing: Items like valve and pump trim, furnace parts, exhaust manifolds, and textile processing equipment.

Additionally, 316L, with its lower carbon content, is particularly advantageous in welding applications to avoid carbide precipitation.

Are there any regional price variations for SS 316/316L coils within India?

Yes, there are regional price variations for SS 316/316L coils within India. These variations are influenced by factors such as market demand, storage and taxation differences, and the presence of local manufacturers and distributors. Prices can fluctuate based on the economic conditions and specific needs of industries in different areas. Additionally, different states may have varying tax slabs and storage costs, which contribute to the price differences. Regions with local manufacturing facilities or major distribution hubs may offer different pricing compared to areas that rely on imports or transported goods. For instance, cities like Mumbai, Hyderabad, Bangalore, Chennai, Coimbatore, and Pune may have different prices due to these factors.

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