GI Coil
Galvanized iron (GI) coils are widely used in construction, roofing, automotive, and manufacturing industries due to their superior corrosion resistance and dur...
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Daily Market Report
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Flat Steel Prices Unchanged; Demand Outlook Positive for February
Flat steel prices remained unchanged across key markets, with HRC and CRC rates holding steady. Demand is expected to remain stable or slightly rise in February, influenced by industrial activity and economic conditions. Market sentiment is improving, with buyers anticipating a more favorable outlook. While production remains steady, global and regulatory factors could influence price movements.
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Flat Steel Prices Remain Stable Across Major Markets; January Sees Steady Demand
Flat steel prices remained stable across major Indian markets, with HRC and CRC showing no significant changes. Demand is stable but cautious due to seasonal factors, while domestic supply is sufficient to meet needs.Industry experts note steady demand from infrastructure and manufacturing sectors, emphasizing inventory management as a key factor amid fluctuating global trends and raw material costs.
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Primary TMT Prices Jump Across India – Supply Woes Continue
Primary TMT prices have increased sharply across major markets due to supply shortages and distributor-led hikes. Prices in Mumbai, Delhi NCR, and Vizag have surged, with expectations of further increases. Global trade tensions, including US tariffs and rising Chinese imports, are adding pressure to the Indian steel industry. The market remains volatile, with demand still strong despite higher prices.
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Primary Structural Steel Prices Hold Firm as Demand Stays Strong
Structural steel prices remain steady across primary markets, with slight increases in select regions due to supply constraints. Heavy sections are facing production bottlenecks, leading to delivery delays and localized price hikes. The secondary market is witnessing cautious restocking, with mixed trends in demand across different regions. Buyers in both primary and secondary markets should plan purchases strategically to navigate price volatility.
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Flat Steel Prices Hold Steady Amid Rising Imports, Demand Driven by Infra Projects
Flat steel prices remain stable across key markets, with HRC prices ranging from Rs 48,000 (Kolkata) to Rs 51,000 (Ahmedabad & Chennai). Demand is driven by an 8-9% projected growth, fuelled by infrastructure and housing projects. However, rising imports from China, South Korea, and Japan are pressuring domestic mills, prompting the government to consider safeguard duties. India’s market outlook stays cautious despite production growth.
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Structure Update: Primary Market Strong, Secondary Market Sees Gradual Pickup
Structural steel prices remain stable, with primary market rates ranging from Rs 51,500 (Durgapur) to Rs 56,500 (Chennai). The secondary market is witnessing gradual improvement in trade volumes, particularly in Raipur and Hyderabad. Supply constraints in heavy sections continue, leading to localized price firming. Experts suggest cautious inventory planning, as a clearer demand recovery is expected by the end of March.
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Primary TMT Prices Rise Sharply as Market Remains Unstable Amid Supply Shortages
Primary TMT prices have increased sharply across key markets, with distributors increasing rates due to persistent material shortages. Prices now stand at Rs 55,500-56,000/mt in Mumbai and Delhi NCR, and Rs 53,000-53,500/mt in Vizag. The market remains volatile, with expectations of further price hikes. Experts predict continued price increases in March due to supply constraints.
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Primary Structure Market Sees Price Hike, Secondary Market Faces Corrections
Primary structure prices have risen by Rs 500 across major cities, driven by strong infrastructure and industrial demand. Supply shortages, particularly in heavy sections, continue to delay deliveries. The secondary market is experiencing price corrections due to cautious buying and increased stock levels. Secondary market traders are expected to adopt a wait-and-watch approach, while the primary market remains stable with potential regional volatility.
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Primary TMT Prices Rise Amidst Supply Shortage and Expected Import Duty Increase
Primary TMT prices have surged by Rs 1,000-1,500/MT due to supply constraints and rising demand. Distributors across North, West, and South India have adjusted their pricing, with scarcity expected to persist throughout March. With the government considering higher import duties on steel, further price hikes are anticipated in the coming days.
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Daily Market Report
Flat Steel Prices Unchanged; Demand Outlook Positive for February
Flat steel prices remained unchanged across key markets, with HRC and CRC rates holding steady. Demand is expected to remain stable or slightly rise in February, influenced by industrial activity and economic conditions. Market sentiment is improving, with buyers anticipating a more favorable outlook. While production remains steady, global and regulatory factors could influence price movements.
Read Story
Flat Steel Prices Remain Stable Across Major Markets; January Sees Steady Demand
Flat steel prices remained stable across major Indian markets, with HRC and CRC showing no significant changes. Demand is stable but cautious due to seasonal factors, while domestic supply is sufficient to meet needs.Industry experts note steady demand from infrastructure and manufacturing sectors, emphasizing inventory management as a key factor amid fluctuating global trends and raw material costs.
Read Story
Primary TMT Prices Jump Across India – Supply Woes Continue
Primary TMT prices have increased sharply across major markets due to supply shortages and distributor-led hikes. Prices in Mumbai, Delhi NCR, and Vizag have surged, with expectations of further increases. Global trade tensions, including US tariffs and rising Chinese imports, are adding pressure to the Indian steel industry. The market remains volatile, with demand still strong despite higher prices.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FTMT_Fe_550_D_d1944141c6.png&w=3840&q=75)
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