FORTUNE Secondary TMT (Fe 500D) 12mm in Amritsar

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.

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.

Primary TMT prices remain stable across Mumbai, Delhi NCR, and Vizag. While the current demand and supply are balanced, experts predict a price spike in February, driven by infrastructure-focused budget announcements and reduced Chinese steel imports. India’s steel industry, crucial for GDP growth, faces challenges in meeting ambitious 2030 targets.

Primary TMT prices remain steady across Mumbai, Delhi NCR, and Vizag, with rising demand suggesting possible price hikes next month. Material shortages are expected to resolve soon. Meanwhile, Union Minister Nitin Gadkari criticized steel cartels for hampering infrastructure development and promotes fibre-reinforced plastic (FRP) as a cost-efficient alternative.

Primary TMT prices remain stable, with rising demand and limited supply pointing to potential price increases. The market shows positive signs, with supply disruptions expected to ease in the coming days. Meanwhile, PM Modi’s Vizag Steel Plant package raises debates over its long-term impact, despite immediate relief.

Primary TMT prices remain stable across major markets, ranging between Rs. 50,000 and Rs. 52,000/mt. Demand has grown significantly, hinting at a potential price rise in the coming days. Efforts to restrict Chinese steel imports may further impact domestic prices. Meanwhile, the Visakhapatnam Steel Plant Union calls for a permanent solution to its financial challenges.

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.