Electrical Utilities
Nexizo is your one-stop platform for all electrical goods news, electrical product prices, and government tenders for the procurement of wires and other similar...
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252F549x335_73_908cc1a8c3.png&w=1920&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Felectronics_4debe22588.png&w=828&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252F549x335_78_c44b2ab348.png&w=828&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252F549x335_233_b087252e7f.png&w=828&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminium_d79ae74f64.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_Ingot_SHG_0_99995_53f40b6205.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FLEAD_Ingot_1d45536fed.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FCopper_Cathode_31c31256dd.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Faluminum_wire_rod_8b89052544.jpg&w=3840&q=75)
Daily Market Report
View More%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPrimary_TMTF_f6ec728825.png&w=3840&q=75)
TMT Prices Slide Further as Market Stays Weak; SEIL Makes Cricketing Move
Primary TMT prices dropped again across major regions amid continued weak demand. Sellers are offering deeper discounts, while distributors maintain adequate inventory. Despite the subdued market, Vizag-based SEIL made headlines by acquiring an Andhra Premier League franchise, blending steel with sport to boost brand visibility. Experts caution that more price cuts may follow unless demand picks up.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_425b662378.png&w=3840&q=75)
Imported PET Prices Weaken on Raw Material Slump and Weak Demand
PET prices dropped last week due to weak raw material costs and sluggish demand, despite a slight price hike by Wankai. Leading Chinese producers have begun output cuts, but high inventories persist. Exports rose in May, though global competitiveness is under pressure from higher freight rates and US anti-dumping tariffs.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_5_41ac01de92.png&w=3840&q=75)
PVC Market Holds Firm Amid Supply Pressure and Tepid Domestic Demand
PVC prices saw a marginal rise in early July, supported by export demand and energy market trends. However, subdued domestic consumption, rising inventory, and limited downstream activity are capping major gains. While supply remains high due to increased plant operations, the market is expected to stay stable with slight upward potential.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Fstainless_steel_6_125b1b9a3b.png&w=3840&q=75)
Stainless Steel Market Holds Steady Amid Diverging Grade Demand and Robust FY25 Growth
Stainless steel prices remain steady across grades, with 300 series showing flat demand and 200 series witnessing strength due to limited imports. ISSDA reports 8% consumption growth in FY25, signaling robust market fundamentals. Scrap prices remain stable, while end-user sectors continue to influence grade-wise performance amid evolving supply trends.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FFlat_Steel_CRC_2_9580538445.png&w=3840&q=75)
Flat Steel Prices Steady Amid Weak Demand; POSCO Holds Stainless Rates to Tackle Imports
Flat steel prices remain unchanged across key Indian markets despite subdued demand due to seasonal factors. Distributors report a lull in HRC and CRC movement, but expectations are bullish for the second half of 2025. Meanwhile, POSCO has frozen stainless steel prices to counter rising imports and stabilize its domestic market.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_2_a7d6721e5b.png&w=3840&q=75)
China Polyethylene Market Stable Amid Cautious Demand and Improving Production Margins
Polyethylene prices remained stable in East China during early July, supported by improving ethylene margins and slight production disruptions in LDPE. Indian producers raised domestic prices modestly, while global supply adjustments continue. However, downstream demand remains subdued, and the market awaits clearer cues from packaging, agriculture, and macroeconomic trends in H2 July.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_4_9c9f78a324.png&w=3840&q=75)
Zinc Market Steady Amid Demand Uncertainty and Tightening Global Supply
Zinc prices slipped marginally by 0.06% to ₹259.85 amid weak demand and a slight inventory build-up. Chinese buyers remain cautious, only purchasing for immediate needs due to sluggish manufacturing output. Factory growth in China hit a six-month low, keeping market sentiment subdued. However, retail sales data offered a glimmer of hope for downstream demand.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Ftmt_3f051e2fb7.png&w=3840&q=75)
Steel Prices Slide Further Amid Weak Demand and Stable Supply
Steel prices have declined across Mumbai, Delhi NCR, and Vizag due to continued demand weakness and stable inventory levels. Distributors are offering competitive rates to stimulate buying. Meanwhile, Tata Steel faces a GST-related tax demand, although the company maintains there’s no merit in the allegation and plans to contest it.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_4_304c6bfdc2.png&w=3840&q=75)
India Stable as European PP Prices Dip on Weak Demand, Oversupply
Polypropylene (PP) markets in both Europe and India remain subdued. Despite crude oil strength, oversupply and poor downstream demand are capping prices. European spot and contract rates are stagnant, while Indian PP prices vary by grade. Market players are adopting a wait-and-watch approach ahead of July’s propylene settlement.
Read Story
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252Fhttps%25253A%25252F%25252Fnexizo.ai%25252Fassets%25252Fved.png&w=128&q=75)