Mild Steel
Commonly referred to as low carbon steel, Mild Steel (MS) is an alloy of iron and carbon with negligible carbon content, between 0.05% to 0.25% to be precise. I...
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Mild steel bytes: Stay ahead with the latest updates
Mild steel market insights: Make informed decisions
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Secondary Market Demand Pushes Structure Prices Up in Key Cities
Structure prices increased marginally in the secondary markets, with demand improving across regions. Secondary markets like Mandi, Raipur and Durgapur saw smaller hikes. Supply issues remain unresolved for heavy sections in the primary market. Meanwhile, Visakhapatnam Steel Plant avoided merging with SAIL and is focusing on full production by August.
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Structure Prices Stable; Primary Market Faces Limited Supply and Demand Fluctuations
Structure prices in the primary market this month have seen a minor increase of Rs 500/mt for SAIL, JSPL, and RINL. While secondary market prices remain stable, the primary market still faces supply shortages, despite improvements at SAIL's IISCO facility. Demand remains slow, with JSPL planning upgrades to its Raigarh mill to enhance steel production flexibility.
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Primary TMT Market Sees Rising Demand and Potential Price Hike
Primary TMT prices remain steady across Mumbai, Delhi NCR, and Vizag, with rising demand suggesting possible price hikes next month. Material shortages are expected to resolve soon. Meanwhile, Union Minister Nitin Gadkari criticized steel cartels for hampering infrastructure development and promotes fibre-reinforced plastic (FRP) as a cost-efficient alternative.
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Durgapur and Raipur Structure Prices Fall as Demand Stays Sluggish
Secondary structure markets experienced a slight decline in key regions like Raipur and Durgapur. Supply issues continue in the primary market, with heavy beams and angles still unavailable despite full operational capacity. Discounts are being offered to boost sluggish demand. Meanwhile, Andhra Pradesh announces a major Rs 1.4 lakh crore investment for a new steel plant by AM/NS.
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Primary TMT Prices Steady as Demand Rises in Key Markets; Supply Recovery Expected Soon
Primary TMT prices remain stable, with rising demand and limited supply pointing to potential price increases. The market shows positive signs, with supply disruptions expected to ease in the coming days. Meanwhile, PM Modi’s Vizag Steel Plant package raises debates over its long-term impact, despite immediate relief.
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Structure Prices Drop in Secondary Markets; SAIL Supply Issues Increase
Secondary structure markets saw stability in Raipur and Durgapur, with slight declines in Mandi, Hyderabad, and Chennai. Despite a fully operational SAIL facility, supply issues persist for heavy beams and channels. In the secondary market, supply remains stable with low demand discounts.
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Structure Market Update: Secondary Prices Decline; Vizag Steel Plant Revival Approved By Centre
Primary prices in the structure market have increased by Rs 500/mt this month for SAIL, JSPL, and RINL, while secondary market prices have declined upto Rs 300 in regions like Raipur, Durgapur, and Mandi. Supply challenges for Heavy Beams and Channels are being addressed with SAIL's rolling schedule. Secondary producers maintain adequate supply, but low demand is driving discounts.
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Primary TMT Demand Rising Across Regions; Price Hike Likely Soon
Primary TMT prices remain stable across major markets, ranging between Rs. 50,000 and Rs. 52,000/mt. Demand has grown significantly, hinting at a potential price rise in the coming days. Efforts to restrict Chinese steel imports may further impact domestic prices. Meanwhile, the Visakhapatnam Steel Plant Union calls for a permanent solution to its financial challenges.
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Structure Steel Markets Stable Despite Supply Challenges; Secondary Mills Offer Discounts
Structure steel prices remain stable in the secondary market, while primary prices saw an increase of Rs. 500/mt. Supply issues in the primary market are being resolved, with heavy beams and channels expected to arrive soon. Secondary mills face no raw material shortages but are offering discounts due to subdued demand.
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Mild steel market insights: Make informed decisions
Secondary Market Demand Pushes Structure Prices Up in Key Cities
Structure prices increased marginally in the secondary markets, with demand improving across regions. Secondary markets like Mandi, Raipur and Durgapur saw smaller hikes. Supply issues remain unresolved for heavy sections in the primary market. Meanwhile, Visakhapatnam Steel Plant avoided merging with SAIL and is focusing on full production by August.
Read Story
Structure Prices Stable; Primary Market Faces Limited Supply and Demand Fluctuations
Structure prices in the primary market this month have seen a minor increase of Rs 500/mt for SAIL, JSPL, and RINL. While secondary market prices remain stable, the primary market still faces supply shortages, despite improvements at SAIL's IISCO facility. Demand remains slow, with JSPL planning upgrades to its Raigarh mill to enhance steel production flexibility.
Read Story
Primary TMT Market Sees Rising Demand and Potential Price Hike
Primary TMT prices remain steady across Mumbai, Delhi NCR, and Vizag, with rising demand suggesting possible price hikes next month. Material shortages are expected to resolve soon. Meanwhile, Union Minister Nitin Gadkari criticized steel cartels for hampering infrastructure development and promotes fibre-reinforced plastic (FRP) as a cost-efficient alternative.
Read Story
Latest mild steel prices: Unlock the best deals
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