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3 days agoHot Rolled PlatesMS Hot Rolled CoilsSS Hot Rolled Coils
India’s HRC Market Faces Short-Term Constraints but Medium-Term Demand Outlook Remains Strong
Markets reported no price changes in HRC and CRC compared to the previous day in a few geographical locations. India’s HRC demand is expected to remain strong in the medium term, but short-term consumption is limited due to cautious buyer sentiment.
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7 days agoAluminium IngotAluminium T/Sow IngotAluminium Wire Rod
Muted Demand and Rising Stocks Weigh on ADC12 Outlook
ADC12 aluminum alloy prices held steady near RMB 20,800–21,000/t as pre-holiday buying faded and inventories rose sharply. Scrap supply remains tight, supporting costs, while extended downstream holidays and weak die-casting demand limit consumption. Import losses widen, and silicon metal supply growth adds pressure, keeping near-term prices largely range-bound.
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10 days agoDI PipeMS ERW Round PipeMS ERW Rectangular Hollow Section
DI and MS ERW Pipe Demand to Rebound in October, Supply Tightness Looms in Specialty Grades
Ductile Iron (DI) and Mild Steel (MS/ERW) pipe prices remain steady, with DI up to 150 mm at ₹67/kg and MS primary at ₹57–58/kg. October demand is projected 8–15% above September levels as delayed projects resume. Supply is adequate but specialty ERW grades and large diameters may face localized tightness.
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11 days agoPrimary TMTSecondary TMT
TMT Steel Market Steady Amid Weak Demand; Shree TMT Earns 5-Star Green Steel Rating
TMT steel prices remain stable across regions, with Ex-Mumbai at ₹46,500–47,000/ton, Ex-Delhi NCR at ₹47,000–47,500/ton, and Ex-Vizag at ₹44,000–44,500/ton. Weak seasonal demand keeps sellers cautious, while distributors maintain steady inventories. Shree TMT earns a 5-Star Green Steel Certificate, reinforcing sustainability leadership despite subdued market activity.
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12 days agoSS Hot Rolled CoilsSS Cold Rolled Coils
Stainless Steel Market Mixed as Demand Diverges, Global Tariffs Add Uncertainty
The stainless steel trade shows mixed signals. Nickel hovers at $15,325/t and copper at $9,964/t, while 304 CR wider 2B retails near ₹200–205/kg. Domestic demand is soft in the 300 series but stronger in the 200 and 400 series. Global tariffs are prompting order delays, and EU import-control measures may tighten in October.
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12 days agoZinc Ingots
Zinc Prices Soft Amid Weak Demand, LME Fluctuates at Lows
Zinc futures traded range-bound on 24 Sep. LME prices closed at $2,889.4/mt after touching $2,904.5/mt, while MCX October futures eased 0.05% to ₹281.70/kg on subdued demand. Mixed global sentiment, steady LME stocks near 50,525 t, and supply-risk monitoring kept the market cautious.
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19 days agoSponge IronSponge PelletMS Billets
India’s Iron Ore Imports Surge Amid Odisha Output Slump
Indian steel prices are under pressure due to weaker raw material imports, though domestic production is shifting geographically. While import volumes are declining, cumulative figures remain high, suggesting continued reliance on overseas supply. Domestic production is down overall, but gains in secondary hubs are offsetting drops in key states like Odisha.
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20 days agoSS Cold Rolled CoilsSS Hot Rolled Coils
Stainless Steel Market Mixed: 300 Series Weak, 200 & 400 Series Gain Strength
Indian stainless steel prices stayed mixed as nickel traded at $15,425/ton and copper at $10,150/MT. Domestic 300 series demand softened, 400 series firmed, and 200 series remained robust. Global sentiment is weak on EU trade risks, while India’s steel index hit a five-year low despite steady iron-ore production growth.
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20 days agoZinc Ingots
Zinc Futures Steady Near $2,950; MCX Gains on Industrial Demand
Zinc futures traded firm across LME ($2,956/mt), SHFE (¥22,310/mt), and MCX (₹283.65/kg) as low inventories and strong industrial demand supported prices. MCX contracts found key support near ₹281, with upside resistance at ₹285.5. Global sentiment stayed positive despite U.S. tariff concerns and a softer dollar.
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6 Seasonal Sourcing Strategies to Beat Price Volatility in Steel
Published on: Sep 30, 2025
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Average TMT Bar Rate for Construction-Grade Steel Rods in India
Published on: Sep 15, 2025
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Published on: Aug 27, 2025
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Published on: Jul 30, 2025
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Published on: Jul 22, 2025
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From Where Do Indian Pipe Manufacturers Source Their Raw Materials?
Published on: Jul 7, 2025
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Published on: Jun 30, 2025
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Published on: Jun 23, 2025
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Published on: Jun 17, 2025
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Published on: Apr 21, 2025
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