The Japanese government has approved provisional anti-dumping duties on imports of nickel-based alloy stainless steel cold-rolled sheets and strips from China and Taiwan, Province of China, effective July 9 to November 8, 2026, with a maximum duty rate of 42.1%. Japanese authorities found that the products were exported at prices 20–40% below domestic Japanese market levels, causing material injury to the country's stainless steel industry.

According to SMM, the latest 316L grade extra fee in Indonesia has risen to $2,100/t, up $200/t from the previous level of $1,900/t. The increase was mainly driven by higher molybdenum costs. As 316L is more sensitive to molybdenum input costs, the rise in moly prices has pushed the grade extra higher and continues to support pricing for high-alloy stainless steel in Indonesia.