Suryadev Secondary TMT (Fe 550) 12 to 25mm in Chennai

Primary TMT prices stay steady across major regions, including Mumbai, Delhi NCR, and Vizag. Demand has increased noticeably over the last few days, supported by rising enquiries. Government efforts to restrict Chinese steel imports through heavy taxation may lead to a price surge. Experts predict an upward trend in prices as demand strengthens and the financial year draws to a close.

Primary TMT prices remain stable across major regions, with distributors lowering rates this month due to reduced demand. Steel imports reached a six-year high, driven by Chinese shipments, while domestic consumption surged 11.2% year-on-year. Despite steady prices, distributors anticipate potential increases soon.

Primary TMT prices have decreased across regions, with Ex-Mumbai and Ex-Delhi NCR prices falling to Rs. 51,500-52,000/mt. Demand has decreased compared to December, and queries are lower this fiscal quarter. India is projected to lead steel demand growth in 2025, driven by housing and infrastructure projects, while domestic supply faces challenges.

Primary TMT prices remain steady, with distributors reducing prices across North, West, and South India. The demand has weakened compared to last year, as inquiries are lower in the final quarter of the fiscal year. Distributors are holding steady, awaiting potential price hikes in the near future.

Primary TMT prices remain strong across key markets. Due to material shortages and increased demand, further price revisions are expected in the coming days. Distributors anticipate additional hikes. Keep an eye on market developments.

Primary TMT prices have seen an increase across regions, with distributors anticipating further hikes. Inventory is ample, and demand is rising in both primary and secondary markets. Meanwhile, the GTRI urges a review of the Indian steel industry before implementing safeguard duties, emphasizing their potential harm to MSME exporters.

TMT prices have seen an uptick in recent days, driven by increased demand and a material shortage. Prices in the primary segment have risen by Rs 500-1000/mt, with further increases expected in January. The market shows positive signs, but a clearer picture will emerge after the first week of January.

Primary TMT prices have decreased across major regions, with Mumbai, Delhi, and Vizag seeing price drops. Demand remains low, as market inquiries are scarce, and material availability is not an issue. Further price reductions are expected in the upcoming weeks, with a clearer picture expected by January.

Primary TMT prices remain stable, with demand rising and inquiry-to-conversion ratios improving. Distributors maintain significant inventory, and market sentiment is optimistic. Meanwhile, the government considers implementing a 25% duty on steel imports to counteract subsidized competition from FTA countries. The next few months are expected to see better market conditions driven by these trends.