Primary GI Coil (IS277 80 GSM) 0.80 to 1.50mm in Delhi

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.

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.

Structure steel prices saw mixed trends, with primary players SAIL, JSPL, and RINL raising prices this month by Rs 500/MT, while the secondary market declined due to weak demand. Heavy beams, angles, and channels in the primary market are selling out fast, causing supply constraints. Experts anticipate continued weakness in the secondary market as demand remains subdued.

Primary TMT prices increased across North, West, and South India, with Mumbai and Delhi NCR rates touching Rs 52,500/MT. Demand is expected to grow by 8-9% in 2025, driven by infrastructure and construction projects. However, competitive imports, especially from China, continue to challenge domestic manufacturers. Experts warn that market volatility and imports may impact pricing, making government intervention crucial for industry stability.

The flat steel market remained stable, with no major price changes in HRC and CRC across key locations. Demand is expected to grow by 8-9% in 2025, driven by infrastructure and housing projects, despite challenges from rising imports. Ex-India HRC prices are steady due to sluggish trading activity, and market sentiment remains cautiously optimistic.

The primary structure market sees a Rs 500/mt price hike in February from SAIL, JSPL, and RINL, driven by strong demand. Meanwhile, the secondary market remains stable but is impacted by weak demand, leading to lower prices for raw materials and finished products. Anti-dumping investigations targeting all steel imports, not just Chinese steel, are expected to strengthen India's steel industry by improving margins and capital expenditure, fostering long-term growth, as per Jefferies analysts.

Primary TMT prices have increased across major regions in February due to rising distributor rates and material shortages. Demand remains stable but is expected to surge in March. Meanwhile, India faces rising steel imports amid concerns over redirected shipments from US tariff-affected exporters.

Primary structure prices rise in Februrary amid strong demand, while the secondary market remains stable despite subdued sentiments and price pressure. The government approves ₹10,300 crore for RINL revival, aiming to enhance capacity utilization and drive financial recovery in the sector.

Primary TMT prices have increased across major markets as distributors raise rates. Demand remains steady, with a significant rise expected in March. The U.S. tariff on steel and aluminium impacts India's exports, while RBI’s reserves provide stability. Experts predict further price hikes due to material shortages.