Infrastructure & Construction
Stay ahead of the competition with the latest infrastructure news on the products, suppliers, vendors, and materials required for infrastructure and constructio...
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Daily Reports on Infrastructure & Construction Industry
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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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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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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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Stainless Steel Market Shows Mixed Trends, 200 Series Demand Remains Strong
Stainless steel prices remain mixed in India as 200 series demand surges amid an import shortage. 300 series prices may rise due to a strong USD, while 400 series remains firm on BIS-related issues.
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Aluminium Prices Open Lower; India Imposes Anti-Dumping Duties on Aluminium Imports
Aluminium prices opened lower on LME, SHFE, and MCX, reflecting minor corrections. China’s February output dropped month-on-month but grew year-on-year. India imposed anti-dumping duties on aluminium foil and other products to curb cheap imports from China. Global primary aluminium production increased 2.7% in January, signalling a stable supply outlook.
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Primary TMT Prices Continue to Rise, Distributors Expect Further Hikes
Primary TMT prices have seen a sharp increase in March 2025, with rates in Mumbai and Delhi NCR at Rs. 56,000-56,500/mt, while Vizag stands lower at Rs. 53,500-54,000/mt. Distributors have raised prices due to ongoing supply constraints, and further hikes are expected.
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Structural Steel Prices Firm as Demand Rises Across Markets
Structural steel prices remain firm across both primary and secondary markets, driven by strong infrastructure demand and rising input costs. Durgapur and Chennai saw price hikes due to supply constraints, while the secondary market remains stable with moderate demand in Raipur and Hyderabad. Traders are advised to secure stocks early amid expected price increases.
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Stainless Steel Prices Show Strength as Global Demand Rises
Stainless steel prices remain stable with slight upward movement, driven by global supply constraints and rising raw material costs. Nickel prices continue to fluctuate due to Indonesian tax policies and adverse weather conditions. The 200 series sees strong domestic demand due to limited imports, while the 300 and 400 series are witnessing moderate growth despite cash flow constraints.
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India’s Flat Steel Market: Growth Continues Amid Import Challenges
The Indian flat steel market is witnessing strong demand, with a projected growth rate of 8-9% in 2025, driven by infrastructure, housing, and engineering sectors. However, rising imports from China and other countries pose a challenge to domestic producers. While domestic prices remain stable in most regions, global HRC prices are under pressure. The industry remains optimistic but cautious.
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Cast Iron vs. Steel: Understanding the Key Differences
Published on: Jan 31, 2025
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TMT Bar Price Trends in India 2024: Key Factors and Insights for Buyers
Published on: Nov 21, 2024
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Understanding TMT Bars: Properties, Uses, and Factors Affecting Prices
Published on: Nov 21, 2024
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Top 10 TMT Bars in India: Leading Brands and Manufacturers
Published on: Nov 28, 2024
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TMT vs. Steel Bars: Which is Right for Your Project?
Published on: Sep 19, 2024
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