Hot Rolled Plates (E350 BR) 2.5 - 10mm x 1250mm in Hyderabad

Flat steel prices remain unchanged across most regions, with steady demand driven by infrastructure and housing projects. The market sentiment is cautiously optimistic, though challenges like raw material volatility and environmental disruptions may influence short-term trends.

Flat steel prices have remained stable across key markets, with HRC and CRC prices unchanged from the previous day. Demand is expected to stay strong due to ongoing infrastructure and construction projects, automotive needs, and manufacturing sector activity. The sentiment is cautiously optimistic as buyers and distributors prepare for potential cost increases in the near term.

Primary structure producers have increased prices, while secondary market prices have declined due to low demand. The supply of heavy structures faces challenges due to maintenance at key plants. The primary market struggles with material shortages, while secondary mills have ample supply but face weak demand across India.

Primary TMT prices have shown a declining trend as distributors across regions adjust rates to match stagnant demand. While supply remains adequate, distributors are negotiating prices due to weak market sentiment. Delays in steel consignments and calls for import restrictions are further impacting the industry.

The structure market is seeing stability in secondary prices, while primary market prices are adjusting with price hikes from SAIL and RINL. However, the sector is facing supply challenges, particularly in the primary market, due to production delays and shortages. The secondary market is seeing low demand despite a stable inventory of materials.

Primary TMT prices have softened across regions as market demand remains stagnant. Distributors are open to further negotiations, with no supply shortages reported. Weak global demand, an oversupply driven by Chinese exports, and declining domestic steel prices are adding pressure to Indian steelmakers' margins.

The structure market saw price reductions in secondary regions, with Raipur and Chennai dropping by up to Rs 400. Supply constraints continue in the primary market due to maintenance at SAIL’s IISCO plant and shortages of key materials at RINL and JSPL, while the secondary market suffers from weak demand.

Primary TMT prices remained stable across major regions like Mumbai, Delhi NCR, and Vizag despite stagnant demand and declining inquiry volumes in November. Supply remains sufficient, even with maintenance activities at SAIL ISP. Customers remain hesitant to commit to purchases, anticipating further price reductions.

The steel structure market is seeing fluctuations due to recent price hikes by primary producers like SAIL and RINL, while the secondary market remains stable. Supply constraints are a key concern, particularly in the primary segment, with plants undergoing maintenance and limited availability of crucial materials.