{"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":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-60803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=1280%2C720&ssl=1?v=1773555283",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?resize=150%2C150&ssl=1?v=1773555283",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=300%2C169&ssl=1?v=1773555283",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=640%2C360&ssl=1?v=1773555283",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=640%2C360&ssl=1?v=1773555283",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=1280%2C720&ssl=1?v=1773555283",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=1280%2C720&ssl=1?v=1773555283",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?resize=1115%2C715&ssl=1?v=1773555283",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?resize=800%2C500&ssl=1?v=1773555283",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=1024%2C576&ssl=1?v=1773555283",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?resize=540%2C340&ssl=1?v=1773555283",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?resize=400%2C250&ssl=1?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:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-15T121432.870.jpg?fit=1280%2C720&ssl=1?v=1773555283","jetpack-related-posts":[{"id":59696,"url":"https:\/\/biztrend24.com\/?p=59696&lang=en","url_meta":{"origin":60803,"position":0},"title":"How is the Iran crisis affecting the metals and; energy ecosystems &#8211; A 360-degree view","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"Chinese steel exports to ME face serious threat, Indian cargoes stuck The Middle East supplies around 30% of India's aluminium scrap imports How will the ongoing conflict in the Middle East affect the global metals markets? 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