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7 hours agoHot Rolled PlatesMS Hot Rolled CoilsCold Rolled Coils

Flat Steel Market Stable Amid Import Pressure and Weak Demand

Flat steel prices remained stable across key cities. While local trade activity picked up slightly, overall sentiment remains weak due to excess imports and tepid industrial demand. Government support and upcoming policy shifts may stabilize the market, but caution persists. Buyers are mostly purchasing only on a need basis.
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8 hours agoPrimary TMTSecondary TMT

Secondary Steel Prices Rise Amid Tight Supply and Fabrication Demand

Secondary structural steel prices increased by ₹300–₹600/MT due to tight supply, active fabrication demand, and logistical constraints. The primary market remains stable with selective buying. Mills are ramping up utilization, while localized shortages are emerging in key sections. Buyers should consider near-term bookings amid improving site activity and potential post-monsoon recovery.
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6 days agoPrimary TMTSecondary TMT

Steel Prices Surge Amid Plant Maintenance and Falling Imports

Steel prices have increased across regions due to supply shortages caused by maintenance activities at the Angul and Dolvi plants. Despite the usual monsoon lull, demand remains steady. Imports dropped 28.8% in Q1 FY2025, mainly from China and Japan. Domestic producers are adjusting pricing and production strategies amid rising orders and low distributor inventories.
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11 days agoPrimary TMTSecondary TMT

Indian Rebar Market Firms Amid Raw Material Cost Push; Mixed Trend Across Regions

Rebar prices showed mixed trends across Indian markets, rising in regions like Ahmedabad and Jalna due to cost-push and buying interest. Monsoon disruptions and mill shutdowns are limiting supply in pockets, while global markets remain steady to muted. Prices are expected to remain firm in the short term, with regional differences.
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14 days agoPrimary TMTSecondary TMT

TMT Bar Prices Dip Amid Weak Demand, Stable Supply

TMT bar prices across major regions have declined due to sluggish demand and stable supply. Distributors are reducing prices to stay competitive, while maintaining consistent inventory levels. Key contract wins and infrastructure developments continue to support long-term prospects, but market sentiment remains cautious due to weak purchasing activity.
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17 days agoMS AngleMS BeamMS Billets

Structural Steel Prices Dip Amid Monsoon and Liquidity Pressures

Structural steel prices continued their downward trajectory this week, particularly in the secondary market. Monsoon-related disruptions, delays in fund disbursement, and persistent liquidity constraints are weighing heavily on demand. While primary mills are holding prices firm, secondary mills are resorting to discounts to manage cash flow. The near-term outlook remains subdued until site activity gains momentum post-monsoon.
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27 days agoPrimary TMT

TMT Prices Slide Further as Market Stays Weak; SEIL Makes Cricketing Move

Primary TMT prices dropped again across major regions amid continued weak demand. Sellers are offering deeper discounts, while distributors maintain adequate inventory. Despite the subdued market, Vizag-based SEIL made headlines by acquiring an Andhra Premier League franchise, blending steel with sport to boost brand visibility. Experts caution that more price cuts may follow unless demand picks up.
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1 month agoHot Rolled PlatesMS Hot Rolled CoilsCold Rolled Coils

Flat Steel Prices Steady Amid Weak Demand; POSCO Holds Stainless Rates to Tackle Imports

Flat steel prices remain unchanged across key Indian markets despite subdued demand due to seasonal factors. Distributors report a lull in HRC and CRC movement, but expectations are bullish for the second half of 2025. Meanwhile, POSCO has frozen stainless steel prices to counter rising imports and stabilize its domestic market.
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1 month agoPrimary TMTSecondary TMT

Steel Prices Slide Further Amid Weak Demand and Stable Supply

Steel prices have declined across Mumbai, Delhi NCR, and Vizag due to continued demand weakness and stable inventory levels. Distributors are offering competitive rates to stimulate buying. Meanwhile, Tata Steel faces a GST-related tax demand, although the company maintains there’s no merit in the allegation and plans to contest it.
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1 month agoPrimary TMTSecondary TMT

Steel Prices Dip Pan-India Amid Demand Slump; BIS Order Sparks Input Concerns

Steel prices have declined across North, West, and South India, with Ex-Mumbai, Delhi NCR, and Vizag quoting lower rates amid sluggish demand. Distributors are maintaining ample inventories, ensuring smooth availability. Meanwhile, the Ministry of Steel’s abrupt BIS compliance order on inputs threatens disruption, especially for MSMEs and steel importers.
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1 month agoMS AngleMS BeamMS Channel

Steel Channel Prices Decline Across India Amid Liquidity Stress and Demand Weakness

Steel prices across both primary and secondary markets have softened, with secondary mills witnessing deeper cuts due to payment delays, stock overhang, and weak consumption. Monsoon-driven yard clearance and muted institutional buying post-election have added pressure. Mills are deploying discounts and deferred payment terms to manage liquidity and sustain dispatch volumes.
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1 month agoPrimary TMTSecondary TMT

TMT Prices Down Across Regions; SAIL Bets Big on Burnpur

Primary TMT prices fell again across Delhi NCR, Mumbai, and Vizag due to sustained weak demand. Sellers continue cutting prices to stay competitive, while distributors maintain sufficient stock to avoid supply issues. Experts warn of further price corrections if demand doesn’t rebound soon, despite supply-side stability and strategic production cuts by manufacturers.
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