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Rerolled MS Beam (E250 BR) 125 x 65mm in Mandi Gobindgarh

48,700/MT
0.4%
4 hours ago
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Daily Market Report

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1 day agoMS AngleMS ChannelMS Beam
Structure Steel Prices Mixed as Primary Market Sees Hike, Secondary Declines
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.
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3 days agoMS AngleMS ChannelMS Beam
Primary Structure Market Sees Price Increase, Secondary Market Stable; Anti-Dumping Measures to Support Long-Term Growth
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.
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6 days agoMS AngleMS ChannelMS Beam
Structure Market Update: Primary Prices Rise, Secondary Remains Stable Amid Demand Trends
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.
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