Noble MS Beam (E250 BR) 125 x 70mm in Kanchipuram

Structure prices in the secondary markets are rising due to growing demand, with places like Mandi and Raipur seeing increases. Experts expect continued expansion in the secondary market. Meanwhile, Bokaro Steel Plant's Rs 20,000 crore expansion aims to boost capacity to 7.55 MTPA and aligns with India's steel industry growth targets.

Steel structure prices are on the rise, with both secondary and primary markets showing price increases. In the secondary market, prices have surged by up to Rs 400. Meanwhile, the supply chain remains tight, especially for heavy beams, angles, and channels. Demand is expected to continue boosting market growth.

Structure prices increased marginally in the secondary markets, with demand improving across regions. Secondary markets like Mandi, Raipur and Durgapur saw smaller hikes. Supply issues remain unresolved for heavy sections in the primary market. Meanwhile, Visakhapatnam Steel Plant avoided merging with SAIL and is focusing on full production by August.

Structure prices in the primary market this month have seen a minor increase of Rs 500/mt for SAIL, JSPL, and RINL. While secondary market prices remain stable, the primary market still faces supply shortages, despite improvements at SAIL's IISCO facility. Demand remains slow, with JSPL planning upgrades to its Raigarh mill to enhance steel production flexibility.

Secondary structure markets experienced a slight decline in key regions like Raipur and Durgapur. Supply issues continue in the primary market, with heavy beams and angles still unavailable despite full operational capacity. Discounts are being offered to boost sluggish demand. Meanwhile, Andhra Pradesh announces a major Rs 1.4 lakh crore investment for a new steel plant by AM/NS.

Secondary structure markets saw stability in Raipur and Durgapur, with slight declines in Mandi, Hyderabad, and Chennai. Despite a fully operational SAIL facility, supply issues persist for heavy beams and channels. In the secondary market, supply remains stable with low demand discounts.

Primary prices in the structure market have increased by Rs 500/mt this month for SAIL, JSPL, and RINL, while secondary market prices have declined upto Rs 300 in regions like Raipur, Durgapur, and Mandi. Supply challenges for Heavy Beams and Channels are being addressed with SAIL's rolling schedule. Secondary producers maintain adequate supply, but low demand is driving discounts.

Structure steel prices remain stable in the secondary market, while primary prices saw an increase of Rs. 500/mt. Supply issues in the primary market are being resolved, with heavy beams and channels expected to arrive soon. Secondary mills face no raw material shortages but are offering discounts due to subdued demand.

Steel structure prices have seen a Rs 500/mt increase in the primary market this month, while secondary market prices remain stable across regions today. Supply issues are being resolved, with the SAIL IISCO facility coming back online and secondary mills having ample material. India’s steel demand is expected to rise by 8-9% in 2025, driven by sectors like construction and infrastructure.