{"id":60803,"date":"2026-03-15T12:14:49","date_gmt":"2026-03-15T06:14:49","guid":{"rendered":"https:\/\/biztrend24.com\/?p=60803"},"modified":"2026-03-15T12:14:49","modified_gmt":"2026-03-15T06:14:49","slug":"india-us-iran-tensions-trigger-stainless-steel-output-cuts-amid-gas-shortages","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=60803&lang=en","title":{"rendered":"India: US-Iran tensions trigger stainless steel output cuts amid gas shortages"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Freight surge lifts scrap import costs<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Gas shortage impacts rolling operations<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Mills cut production by around 30%<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Rising geopolitical tensions between the United States and Iran are beginning to disrupt India&#8217;s stainless steel value chain, with several mills reporting production cuts of around 20-30% amid tightening industrial gas availability and rising logistics costs. Market participants said the impact is most visible in downstream rolling operations that rely on LPG and PNG-fired reheating furnaces.<\/p>\n<p>Freight costs for imported stainless steel scrap have risen sharply amid shipping disruptions. Freight from Malaysia has increased to nearly $110\/t from around $60\/t earlier, while container freight from Thailand has doubled to roughly $2,200 per 20-foot container. Supplies from the United Arab Emirates, which exports around 100,000-140,000 t of stainless steel scrap annually to India, may also face delays as tensions affect Gulf shipping routes. As a result, some Indian buyers have paused fresh import bookings and shifted part of their procurement to the domestic scrap market.<\/p>\n<p>Domestic scrap availability is also tightening. Market participants said gas-cutting operations at scrap yards have been halted in some regions due to limited fuel availability, restricting scrap processing activity and lifting domestic prices.<\/p>\n<p>Industry participants confirmed that gas supply disruptions are forcing mills to reduce utilisation.<em>\u00a0&#8220;Plants running on furnace oil are operating normally, but units dependent on LPG or PNG are facing difficulties,&#8221;<\/em>\u00a0said a stainless steel producer. Gas-fired reheating furnaces in rolling mills are among the most affected operations.<\/p>\n<p><em>&#8220;Everyone has to cut down- there is no choice. At least 30% production reduction is likely if the situation persists,&#8221;<\/em>\u00a0another industry participant said. One mill reported operating at around 4,000-4,500 t output against an installed capacity of 5,000 t.<\/p>\n<p>Export shipments are also facing delays as shipping lines introduce war-risk surcharges of $1,0004,000 per container and container availability tightens.<\/p>\n<p>In the near term, higher freight costs, logistics disruptions and gas shortages may tighten supply and support stainless steel prices in the domestic market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Freight surge lifts scrap import costs Gas shortage impacts rolling operations Mills cut production by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":60804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-60803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?v=1773555283",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-150x150.jpg?v=1773555283",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-300x169.jpg?v=1773555283",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-768x432.jpg?v=1773555283",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-1024x576.jpg?v=1773555283",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?v=1773555283",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?v=1773555283",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-1115x715.jpg?v=1773555283",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-800x500.jpg?v=1773555283",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-1024x576.jpg?v=1773555283",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-540x340.jpg?v=1773555283",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870-400x250.jpg?v=1773555283",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?v=1773555283","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60803"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60803\/revisions"}],"predecessor-version":[{"id":60805,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60803\/revisions\/60805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/60804"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}