Steel Market Trends
The Proposed Duty on Steel Imports Could Make Pricing Soar in 2025: Crisil
According to rating agency Crisil, Indian steel prices are expected to rise considerably, given that the proposed safeguard duty on steel imports will...
JSW Steel’s Crude Steel Production Up 5% YoY; US Operations Down 22%
JSW Steel Ltd. announced a 5% increase in its consolidated crude steel production for November, reaching 23.23 lakh tonnes. This is compared to...
India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers
India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...
Southern Steel Markets Witness Stability with Minimal Price Adjustments
Steel markets in southern India, including Chennai, Hyderabad, and Bellary, experienced a day of mixed trends on 4 December 2024. While minor price...
Steel Market Faces Pressure in Chennai, Hyderabad, Bellary
The induction furnace (IF) steel market in Chennai, Hyderabad, and Bellary saw notable price corrections on December 2, 2024, as mills adjusted their...
