Primary MS Channel (E250 BR) 250x82mm in Mumbai

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.

Secondary structure prices remain stable today, with minor discounts due to low demand. SAIL’s rolling schedule promises improved heavy beam and channel supply by month-end, while secondary mills maintain adequate inventory. Experts predict short-term demand dips but expect a recovery in secondary markets with new inquiries. Indian steelmakers face profit declines despite rising consumption.

The structure market has seen price increases across primary and secondary markets, with notable surges in Chennai, Hyderabad, and Raipur. Supply challenges persist, especially in primary markets, despite increased operational capacity at key facilities. Secondary mills are experiencing low demand, leading to temporary discounts.

Structure prices saw a rise in the primary market, with SAIL, JSPL, and RINL increasing rates by Rs 500/mt. Secondary markets remain stable, with discounts offered due to low demand. SAIL expects supply of heavy beams and channels by month-end, addressing current shortages. Additionally, SAIL and John Cockerill India plan a Rs 6,000 crore downstream plant to promote green steel production.

Structure steel prices in the primary market have increased by Rs 500/mt, with SAIL, JSPL, and RINL adjusting prices. Secondary markets remain stable across regions, with low demand expected to affect prices in the short term. Supply issues with heavy beams and channels are being resolved, while secondary mills are not concerned with shortages due to ample stock.

Structure prices see a mixed trend, with the primary market seeing an increase of Rs 500/mt by SAIL, JSPL, and RINL. Meanwhile, the secondary market sees a decline in prices across key locations like Raipur, Mandi, Durgapur, and Hyderabad. Despite stable supply from primary mills, low demand in the secondary market leads to discounts.

Structure prices in the primary market have risen by Rs 500/mt across major manufacturers, including SAIL, JSPL, and RINL. Secondary market prices in regions like Raipur and Hyderabad dropped by Rs 300, while others remained stable. The SAIL IISCO plant is facing supply issues for heavy beam parts. Experts suggest a fall in the secondary market this week due to low demand.

Secondary market prices decline in major cities, while primary market remains strong with price hikes from SAIL, JSPL, and RINL. The SAIL IISCO facility is operational, easing supply concerns. Government considers KIOCL-NMDC merger to boost iron ore exports.