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1 day agoSS Cold Rolled CoilsSS Hot Rolled Coils
Indian SS Market Balances Weak 300-Series Demand with 200-Series Momentum
Stainless steel prices across 200, 300, and 400 series remain mixed, with market sentiment varying by grade. While 300 series demand has softened, 200 and 400 series are performing stronger due to limited imports and improving consumption. Scrap purchase rates remain firm, and shifts in China–India trade flow continue to influence domestic pricing and supply trends.
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1 day agoPrimary TMTSecondary TMT
Rebar Market Steady Despite Soft Demand; Export Momentum and Policy Support Offer Upside
TMT/rebar prices remain stable across major regions as demand stays soft and distributors manage inventories cautiously. Mills are aligning production with market sentiment, preventing oversupply. Policy reviews, new mill developments, shifting import–export trends, and regulatory updates are shaping the near-term outlook. A stronger recovery is expected as construction and infrastructure activity picks up.
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1 day agoDI PipeMS ERW Round PipeMS ERW Rectangular Hollow Section
India’s Pipe Market Steady: DI Demand Strong as MS & ERW Struggle with High Inventories
India’s pipe market shows mixed momentum: DI pipes remain in strong demand due to water-supply projects, while MS ERW sees moderate recovery but faces heavy inventories. New capacities from Vibhor Steel and Rungta Steel reshape supply dynamics amid regional competition.
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2 days agoHot Rolled PlatesMS Hot Rolled CoilsMS Flats
Indian HRC/CRC Market Stays Subdued Amid Weak Demand and Rising Import Pressure
Flat steel prices remain unchanged across major markets, with HRC hovering around ₹47,000–₹51,500/MT and sluggish demand persisting post-festivals. Tight mill supply, rising imports, soft global sentiment, and cautious buying are keeping the domestic market range-bound with a mildly negative bias.
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8 days agoZinc Ingots
Chinese Zinc Exports Surge as Global Supply Tightens; Market Holds Firm Across Exchanges
Zinc markets remain supported by tight global inventories despite mixed price movement across LME, MCX, and SHFE. China’s record output and profitable arbitrage have opened a strong export window, expected to reach 50,000 tons by year-end. Spot premiums, firm Indian prices, and cautious buying shape near-term sentiment.
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10 days agoMS BeamMS AngleMS Channel
Tight Supply & Strong Demand Keep Structural Steel Prices Steady
The structural steel market maintains a firm tone, with the secondary segment leading due to tight supply and strong demand for channels and angles. Primary mills remain cautiously optimistic, awaiting mid-November pricing cues. Stockists are actively replenishing inventories in the West and South, while trade liquidity has improved post-festive season across major hubs.
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10 days agoPrimary TMTSecondary TMT
TMT Demand Set for Strong Rebound on Rising Construction Momentum
Steel prices remain stable across major hubs despite weak post-monsoon demand. Distributors are managing inventory cautiously, while mills are calibrating production to prevent oversupply. With India emerging as a net steel exporter and new investments under the PLI scheme gaining traction, the medium-term demand outlook — especially for TMT — appears increasingly positive.
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10 days agoHot Rolled PlatesMS Hot Rolled CoilsCold Rolled Coils
India’s Flat Steel Market Steadies as Mills Tighten Supply Amid Cautious Demand
HRC and CRC prices across key Indian markets remain largely steady, with marginal day-to-day movements reflecting local factors. Demand is stable but cautious as mills manage supply through maintenance shutdowns and reduced imports. Tata Steel's Q2FY'26 performance highlights resilience in the sector despite cost pressures. Near-term pricing sentiment remains cautious, with limited upside given mixed market signals.
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10 days agoDI PipeMS ERW Round PipeMS ERW Rectangular Hollow Section
Vibhor Steel Starts ERW & GI Pipe Supply from Odisha Plant; Market Sees Demand Uptick
DI and MS pipe prices remain steady, supported by ongoing infrastructure spending. DI pipes are in high demand due to water supply projects but face supply constraints. MS ERW demand has improved post-monsoon, though high inventories persist. New capacities from Vibhor Steel and Rungta Steel are reshaping supply dynamics.
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