Search For "steel prices"
SPR City to Reinstate Floor Rise Charges
Updated : 2 months, 1 week ago IST
Chennai (Tamil Nadu) [India], February 6: From 16th February 2026, prices will increase by INR 11 lakhs for 2 BHK, INR 15 lakhs for 3 BHK, and INR 25 lakhs for 4&5 BHK homes at SKY Towers and Tower C& D.
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Hot-roiled coil prices rise on seasonal demand; Coking coal surges amid Au
Updated : 4 months ago IST
Seasonal demand and improved inventory drawdown have pushed Indian Hot Rolled Coil (HRC) prices upward, even as exports remain muted in the international market. According to the latest sector update from IDBI Capital, domestic HRC prices increased by 2.4 per cent Week-on-Week (WoW) to reach
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India's safeguard duties lift steel import parity, domestic demand key for
Updated : 4 months, 2 weeks ago IST
India's extension of safeguard duties on select steel products will set a pricing floor for imports, but its effectiveness in supporting higher prices ultimately hinges on a recovery in domestic demand, according to a report by S&P Global Ratings.
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Import curbs on Low Ash Metallurgical Coke raise steel prices in India: GT
Updated : 4 months, 3 weeks ago IST
"While the government protects domestic steelmakers through high safeguard and anti-dumping duties and Quality Control Orders on finished steel imports, it simultaneously restricts access to Low Ash Metallurgical Coke (LAM Coke), a non-substitutable input that accounts for 35-40% of steel pr
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ICRA flags margin pressure for steelmakers despite 8% demand growth in FY2
Updated : 5 months ago IST
Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA.
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Indian steel makers to face earnings pressure in Q2 FY26 amid falling HRC
Updated : 7 months, 3 weeks ago IST
Indian steel manufacturers are expected to face pressure on earnings in Q2 FY26 due to falling steel prices, with average domestic Hot-Rolled Coil (HRC) prices dropping from the last quarter, according to a report by JM Financials.
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Falling steel prices amid Chinese export surge, to reduce profits of compa
Updated : 1 year, 5 months ago IST
Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as muted steel prices compress spreads, according to a report by Axis Securities.
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Steel companies may see hiked demand, better margins in Q3FY25: Centrum re
Updated : 1 year, 6 months ago IST
Steel companies may see improved demand and better margins in quarter three of the current fiscal says a report by Centrum.
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September price hike of Chinese steel will provide relief for Indian manuf
Updated : 1 year, 7 months ago IST
The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled coil (HRC) steel prices have gone up in September 2024, giving an edge to Indian steel companies.
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Despite subdued global demand, Steel prices stable in India because of inc
Updated : 1 year, 8 months ago IST
The global steel market is currently facing subdued demand, exerting downward pressure on metal prices. However, the scenario in India remains different, as highlighted in a report by Shriram Mutual Fund.
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Industrial material prices fall sharply on concerns about Chinese slowdown
Updated : 3 years ago IST
Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in Ch
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Steel prices likely to go up again from September - Vedant Goel, Director,
Updated : 3 years, 8 months ago IST
New Delhi [India], September 12 (ANI/ATK): The third largest economy in the world by PPP calculations, India is also the third largest steel producer after China and Japan. The industry contributes close to 2 per cent of the GDP, with demand coming from domestic industries and exports. That
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