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

Primary TMT prices have been slightly reduced by SAIL and increased by distributors across various regions. Despite price reductions, demand for primary TMT has slowed down, and the market seems stagnant. Meanwhile, the Indian government is pushing for sustainable practices in the steel industry, with a focus on innovation and reducing emissions.

Primary TMT prices have remained relatively stable, with distributors increasing prices in various regions. SAIL recently lowered its prices, but demand for the material has slowed in comparison to previous months. The Indian government is considering a temporary tax on Chinese steel imports to counteract the negative impact on local prices and margins.

Primary TMT prices have remained relatively stable across key regions like Mumbai, Delhi, and Vizag, despite price hikes from distributors. Demand in the market is sluggish, with low inquiries and even lower conversion rates, as buyers focus more on negotiating prices than on making purchases. Meanwhile, the Indian government is addressing rising steel imports.

Primary TMT prices remain stable across regions. Despite sufficient supply, demand has remained low, with buyers hesitant to close deals. Distributors are engaging in price negotiations due to high inventory levels. Meanwhile, analysts project higher demand and profitability for steel companies in Q3FY25, driven by cost efficiency and stable input prices.

Primary TMT prices are stable across major regions as distributors maintain adequate inventory. While inquiries have increased, conversion rates remain lower, indicating cautious buyer behaviour. Distributors’ willingness to negotiate suggests subdued market activity.

Primary TMT prices remain steady across major regions, with distributors maintaining adequate stock levels and engaging in negotiations as demand stagnates. Rising imports and government plans for protective measures signal potential price stabilization.

Primary TMT prices have risen across major regions as demand stabilizes. Despite initial buyer resistance, rising expectations for future price hikes have led to increased acceptance of current rates. Meanwhile, India's record-high finished steel imports are prompting potential government action to protect the domestic industry, potentially impacting the future TMT market.

Primary TMT prices have risen this month as buyers adjust to current rates, with expectations of further increases. Distributors anticipate significant hikes due to material shortages. Demand remains steady, but material constraints, worsened by ongoing maintenance at major plants, are straining supply.

Primary TMT steel prices are experiencing an upward trend, with distributors raising prices across key regions. Market demand has grown as consumers accept stable pricing, but the ongoing maintenance at the SAIL facility signals potential material shortages and further price increases.