MS Beam
Mild Steel (MS) beams are cross-section structures, produced from steel billets. Beams are used majorly in the infrastructure and construction industry to lay t...
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Daily Market Report
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Structural Steel Prices Dip as Demand Recovery Remains Elusive
Structural steel prices have entered a correction phase across both primary and secondary markets. Weak post-election demand, high yard inventories, and payment delays are prompting mills to slash base prices selectively. Mills are focusing on liquidation and deferred deals, with further destocking expected in the coming weeks. Unless demand picks up, prices may continue to soften across key regions.
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Structure Steel Prices See Mild Rebound Amid Liquidity Push
Structure steel prices witnessed a modest upward correction this week, with improved liquidity and resumed infrastructure billing boosting market sentiment slightly. While base prices remain steady, mills are open to discounts for volume buyers. Dealers are cautiously optimistic, though logistics concerns around the upcoming monsoon season could affect movement.
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Structure Steel Prices Steady but Demand Still Soft; Price Cuts Possible
Structure steel prices remain mostly stable this week, with the secondary market pausing its recent decline and primary mills sticking to base rates. Demand continues to lag in both segments due to delayed infrastructure spending and slow project execution. Traders and fabricators remain risk-averse, awaiting clearer signals on demand recovery ahead of June.
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Structure Steel Market Sees Slow Demand Amid Uncertainty
Structure prices are under pressure across both primary and secondary markets, with demand slowing due to paused infrastructure projects and election-related delays. Primary mills are operating below capacity, while traders in secondary markets are cautious amid weak inquiry volumes. Inventories are building up, prompting discounts from mills.
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Structure Prices Firm Across Regions; Primary Mills Signal Hike
Base prices for 100x50 channels remain firm, with primary market rates ranging from Rs 54,200/MT in Durgapur to Rs 58,400/MT in Chennai. Primary mills, backed by strong infra demand and rising input costs, may raise prices mid-May. EPC contracts finalized for Q2 are driving demand for heavy sections like ISMB 500+ and WPBs, with regional shortages emerging.
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Structure Steel Prices Firm as Pre-Bookings Surge Across India; Mills Hint at Hikes
Structure steel prices remain firm across regions, with primary mills in Chennai and Vizag reporting full bookings until mid-May. Demand from EPCs and infrastructure projects is keeping rolling mills busy, while secondary markets in Raipur and Gobindgarh see brisk sales. With rising coking coal and freight costs, mills may introduce a second round of price hikes by mid-May.
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Structure Steel Demand Remains Strong as EPC Projects Expand
The structure market shows strong demand driven by metro, smart city, and housing projects. Primary market prices are stable but set for potential increases as mills deal with high demand and limited production slots. Secondary market activity remains steady, with Raipur and Gobindgarh attracting mid-sized buyers. Early procurement and pre-booking are advised as price hikes loom due to rising input costs.
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Primary Structure Prices Firm on Bulk Orders, Secondary Sees Smart Sourcing
India's structural steel market is riding strong momentum, especially in the primary segment, driven by government-backed infrastructure and housing projects. Prices have firmed up due to tight supply and higher raw material costs, with lead times stretching into June for heavy sections. Secondary market activity remains healthy with focused restocking and zone-level supply control.
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Fresh Price Hike Hits Structure Market Amid Import Duty Buzz and Heavy Demand
Structure steel prices increased sharply in the primary market due to strong demand and input cost pressure. Mills in Durgapur, Vizag, and Chennai led the hike, with lead times now stretching beyond 4 weeks. Secondary prices remained steady with moderate increases.
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