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8 hours agoMS AngleMS ChannelMS Beam

Primary Structure Prices Hold Firm as Demand from Infrastructure Projects Grows

The structural steel market remains stable. Infrastructure demand continues to support price resilience, particularly in Durgapur and Vizag, while logistical constraints affect supply timelines in southern regions. The secondary market is witnessing cautious stock movement in Raigarh and Mandi Gobindgarh due to fluctuating scrap prices. The proposed 12% safeguard duty on steel imports, rising freight costs, and government infrastructure tenders could impact price trends.
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8 hours agoSS Cold Rolled CoilsSS Hot Rolled CoilsCCR Wire Rod

Nickel Up, Copper Down; Rising Demand and Limited Supply Impacting Stainless Steel Prices

Stainless steel prices remain firm, with nickel opening 0.71% higher at $16,350/mt and the INR strengthening to 85.67/USD. The 300-series demand is seeing marginal improvement despite cash constraints, while the 400-series continues its upward trend. The 200-series is benefiting from a shortage of imports, further driving domestic demand. Industry experts anticipate price increases in the 300 and 400 series.
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1 day ago

Indian Niacinamide Prices Ease Amid Weak Personal Care Demand, Export Slowdown

Niacinamide prices dropped by ₹100/kg this week due to weak export demand and slow domestic consumption. Seasonal demand fluctuations and financial year-end closures further impacted trading activity. However, supply remains stable, supported by Jubilant Ingrevia’s expanded production capacity in Gujarat. With India’s Niacinamide demand growing at 6.9% CAGR, market dynamics are expected to shift.
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1 day agoCPVCPVC

Anti-Dumping Probe and Import Reliance Shape India’s PVC Paste Resin Market

PVC K67 prices in India remain stable at ₹68,500–69,500/MT across top brands. The market continues to rely heavily on imports amid pending anti-dumping duty (ADD) decisions. Market uncertainty persists, with ADD ruling likely to impact cost structure ahead.
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1 day agoGear OilHydraulic OilRust Preventive Oil

China, Iran, and the Oil Market: How New U.S. Sanctions Could Reshape Trade Flows

Oil & gas product prices remain mixed, with base oils, fuel oils, and lubricants showing grade and packaging-based variations. Global sanctions and trade shifts, particularly U.S. actions against Iranian crude, are creating supply-side uncertainty. OPEC+ production increases and stable inventory levels offer a buffer, but volatility risks remain high.
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1 day agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

Stainless Steel Prices Stay High as Currency and Trade Policies Shape Market Trends

Stainless steel prices remain firm as demand patterns shift. The 200 series continues to see strong domestic demand due to import shortages, while the 300 and 400 series show gradual improvement. China’s stainless steel imports dropped by 29.3% YoY, while exports went up. Experts anticipate price firmness across all series, with the USD exchange rate and regulatory factors playing key roles.
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1 day agoDI PipeMS ERW Round PipeMS ERW Rectangular Hollow Section

Strong Demand Pushes ERW/MS Pipe Prices Higher Amid Market Liquidity

The pipes market is experiencing strong demand, driving up ERW/MS pipe prices by Rs 2-3 per kg. DI pipe manufacturers are running at full capacity to meet procurement needs for pending projects but have maintained stable pricing to ensure timely dispatches. Experts advise contractors to finalize orders this week to avoid potential supply bottlenecks.
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2 days agoMix Xylene

Indian MX Prices Decline on Weak Demand; Seasonal Recovery Expected in April

Mixed Xylene (MX) prices dropped by ₹3/kg due to reduced replacement costs and weak downstream demand ahead of fiscal year-end. Despite healthy supply levels, demand from sectors like paints and coatings has slowed. However, seasonal demand is expected to rebound in April, potentially supporting prices.
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2 days agoSS Cold Rolled CoilsSS Hot Rolled CoilsCopper Cathode

India’s Stainless Steel Market Sees Rising Demand Across All Series

Stainless steel prices remain firm, with the 200 series seeing rising demand due to limited imports. Taiwan’s stainless steel prices are set for a sharp April increase following Indonesia Tsingshan’s price hike. Meanwhile, copper prices approach record highs due to U.S. trade concerns. Experts anticipate price firmness across all stainless steel series due to market and regulatory factors.
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2 days agoPET

PET Resin Prices Under Pressure Amid Weak Demand and Oversupply Concerns

PET resin prices in India have softened due to global oversupply, weak raw material costs, and sluggish downstream demand. New production capacity, high inventory levels, and low order flow continue to weigh on the market. Experts foresee limited upside in the near term without a significant rebound in demand.
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2 days agoBitumenBitumen EmulsionBase Oil

Geopolitical Tensions Drive Oil & Bitumen Prices Amid Supply Uncertainties

Petroleum and bitumen prices are on an upward trend in India amid geopolitical tensions, Red Sea disruptions, and strong domestic infrastructure demand. Crude discoveries and global policy shifts add to volatility. While Indian prices rise, European bitumen prices remain weak. Market outlook stays firm, though tempered by economic and geopolitical risks.
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3 days ago

Indian Sodium Methoxide Market Sees Price Correction Amid Biodiesel Slowdown

Sodium Methoxide prices have decreased by ₹1 per kg amid a slowdown in biodiesel production and fiscal year-end lulls. The supply remains stable, but unfavorable economics challenge manufacturers. Industry experts suggest a cautious approach due to fluctuating market conditions.
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