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

Channel steel prices remained steady this week, with the secondary market showing renewed firmness post-monsoon. Primary mills maintained base levels amid cautious trading. Tight supply in Raipur and Mandi Gobindgarh supports a mildly bullish near-term outlook. Buyers are advised to secure short-term needs before potential price increases mid-October.

Primary 100×50 channel prices remain steady at ₹50,200-₹54,200/ton, while secondary markets strengthen on post-monsoon construction activity. Tightening stocks and rising fabrication demand in central and eastern India suggest a ₹200-₹400/ton uptick soon. Primary mills may trim prices slightly if secondary momentum cools before mid-September.

Procurement in the primary market remains largely need-based, with stockists clearing older inventories and subcontractors showing resistance due to tight budgets. ISMB demand stays firm, driven by metro and highway projects. In the secondary market, fabrication activity has improved post-monsoon in central and eastern states, with Raipur–Raigarh mills running at 70–75% capacity. However, availability remains limited for ISMC 100 and smaller angles.

Structural steel prices continued their downward trajectory this week, particularly in the secondary market. Monsoon-related disruptions, delays in fund disbursement, and persistent liquidity constraints are weighing heavily on demand. While primary mills are holding prices firm, secondary mills are resorting to discounts to manage cash flow. The near-term outlook remains subdued until site activity gains momentum post-monsoon.

Steel prices across both primary and secondary markets have softened, with secondary mills witnessing deeper cuts due to payment delays, stock overhang, and weak consumption. Monsoon-driven yard clearance and muted institutional buying post-election have added pressure. Mills are deploying discounts and deferred payment terms to manage liquidity and sustain dispatch volumes.

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.

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.

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.

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.