Secondary TMT
Secondary TMT is produced through the electric arc (EA) and induction furnace (IF) route steel which melts scrap and sponge iron. The molten metal is cast into ...
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Daily Market Report
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Primary TMT Market Strong as Distributors Hike Rates Across Key Markets
Primary TMT prices increased across North, West, and South India, with Mumbai and Delhi NCR rates touching Rs 52,500/MT. Demand is expected to grow by 8-9% in 2025, driven by infrastructure and construction projects. However, competitive imports, especially from China, continue to challenge domestic manufacturers. Experts warn that market volatility and imports may impact pricing, making government intervention crucial for industry stability.
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Primary TMT Prices Remain Strong as Demand and Supply Dynamics Shift
Primary TMT prices have increased across major regions in February due to rising distributor rates and material shortages. Demand remains stable but is expected to surge in March. Meanwhile, India faces rising steel imports amid concerns over redirected shipments from US tariff-affected exporters.
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Primary TMT Prices Rise as Distributors Hike Rates
Primary TMT prices have increased across major markets as distributors raise rates. Demand remains steady, with a significant rise expected in March. The U.S. tariff on steel and aluminium impacts India's exports, while RBI’s reserves provide stability. Experts predict further price hikes due to material shortages.
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Primary TMT Prices Rise Amid Strong Demand; More Hikes Expected
Primary TMT prices have increased across key regions, with Mumbai and Delhi NCR at Rs 51,500-52,000/MT and Vizag at Rs 50,000-50,500/MT. Demand remains stable, with increased inquiries since January, hinting at further price hikes. Meanwhile, Jharkhand received Rs 26,000 crore in steel-related investments. Experts anticipate a more dynamic market shift by mid-February.
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Primary TMT Market Awaits Further Price Hikes Amid Strong Demand
Primary TMT prices have increased across North, West, and South India, with mills signalling further hikes. Despite this, demand remains stable, and distributors have sufficient stock. The market anticipates more price adjustments in the coming weeks.
Meanwhile, Rungta Steel has entered the DI pipe segment, while JSW One launched a campaign promoting BIS-certified TMT bars.
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Primary TMT Prices Up Rs 500/mt Amid Steady Market Demand
Primary TMT prices have increased by Rs 500 per mt across major regions, with distributors adjusting rates accordingly. Demand remains steady, with rising inquiries since January, suggesting further price hikes may follow. Market sentiment remains positive, and a clearer trend is expected by mid-February.
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Primary TMT Market Sees Rising Demand, Prices Expected to Increase
Primary TMT prices remain stable across major regions, with Ex-Mumbai and Ex-Delhi NCR at Rs. 51,500-52,000/mt and Ex-Vizag at Rs. 50,000-50,500/mt. Demand has increased compared to last week, leading to higher conversions and inquiries. Market optimism suggests a price hike in February.
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Primary TMT Prices Hold Steady; Market Optimistic for February Hike
Primary TMT prices remain steady across major regions, with growing demand and increased inquiries hinting at a possible price hike in February. Market optimism continues as secondary TMT prices rise, signaling potential upward movement in primary pricing. Also, industry experts anticipate protectionist measures in Budget 2025 to counter steel dumping.
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Primary TMT Prices Hold Steady; Market Awaits Budget Impact
Primary TMT prices remain stable across major regions, with demand holding steady as January ends. Inventory shortages are expected to ease as new material arrives, balancing supply and demand. Market experts predict a potential price rise in February due to increased infrastructure spending and higher import levies on Chinese steel.
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Daily Market Report
Primary TMT Market Strong as Distributors Hike Rates Across Key Markets
Primary TMT prices increased across North, West, and South India, with Mumbai and Delhi NCR rates touching Rs 52,500/MT. Demand is expected to grow by 8-9% in 2025, driven by infrastructure and construction projects. However, competitive imports, especially from China, continue to challenge domestic manufacturers. Experts warn that market volatility and imports may impact pricing, making government intervention crucial for industry stability.
Read Story
Primary TMT Prices Remain Strong as Demand and Supply Dynamics Shift
Primary TMT prices have increased across major regions in February due to rising distributor rates and material shortages. Demand remains stable but is expected to surge in March. Meanwhile, India faces rising steel imports amid concerns over redirected shipments from US tariff-affected exporters.
Read Story
Primary TMT Prices Rise as Distributors Hike Rates
Primary TMT prices have increased across major markets as distributors raise rates. Demand remains steady, with a significant rise expected in March. The U.S. tariff on steel and aluminium impacts India's exports, while RBI’s reserves provide stability. Experts predict further price hikes due to material shortages.
Read Story
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