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HRC STEEL PRICE
Trading starts on LME's first contract from Shanghai exchange collaborationThe London Metal Exchange's new hot-rolled coil steel contract began trading on Tuesday, marking the first product from its collaboration w...- Steelmakers may outperform non-ferrous peers in Q2 as higher volumes support earningsNon-ferrous companies are expected to see a sequential decline in earnings, with revenue and Ebitda expected to fall 2% and 13%, respective...
- Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...
- Domestic steel prices likely to stay firm as demand recovery, supply constraints support market: ReportDomestic steel prices are expected to remain firm this September. Post-monsoon construction activity is gradually recovering, supporting de...
- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picksMotilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings gro...
- Indian steel prices set to rise further on coking coal costs, demand revivalIndian steel prices are expected to increase in the coming weeks. Post-monsoon demand from infrastructure and automotive sectors will tight...
- Steel demand outruns capacity as prices stage comeback from monsoon slump: KotakDomestic steel demand is projected to remain strong, exceeding capacity additions through FY2029. Robust consumption trends are supported b...
- Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
- India to outpace major steel-consuming economies with 8-9% demand growth in 2025: CRISILIndia's steel demand is projected to grow by 8-9 percent in 2025. This growth is driven by increased steel-intensive construction in housin...
- September price hike of Chinese steel will provide relief for Indian manufacturers: ReportChinese hot-rolled coil (HRC) steel prices have risen, shifting Indian domestic HRC prices from a premium to a discount. This may provide r...
- Moderately valued’ metal stocks shine on boursesOn Monday, metal stocks rose, driven by moderate valuations and an anti-dumping investigation on Vietnamese hot-rolled coil imports. The Ni...
- Metal stocks rally up to 6% last week. What's cooking?While the recent price hikes in the regional market and expectations of better demand in Europe appear encouraging, we would wait for more ...
- Steel becomes costlier; companies hike rates by up to Rs 4,900/tonne in IndiaHRC and CRC are flat steel used in industries such as auto, appliances and construction. Hence, any rise in steel prices impacts the prices...
- Extending minimum import price for flat steel too little, too late: ICRAOn expiry of the six months validity of the minimum import price levied on steel imports, government extended the MIP further by a period o...
- India Ratings downgrades Uttam Galva Steels to defaultIndia Ratings downgraded Uttam Galva Steels to default, citing ongoing delays in debt servicing since February this year due to liquidity s...
- Safeguard duty may provide temporary relief to steel sectorThe proposed duty of 20 per cent would be applicable on import of hot-rolled flat products of non-alloy and other alloy steel with a width ...
- China’s steel prices up 20% on output cuts, festive demandThanks to a spate of production cuts, prices of steel products, such the benchmark hot-rolled coils, in the key Chinese market have shot up...
- HRC sales may bypass trader channelsIn yet another exercise to control steel prices, the government may ask primary steelmakers such as SAIL, Tata Steel, JSW Steel etc. to sel...
- Secondary steel makers cut prices on lower dutySecondary steel producers, including Delhi-based Bhushan Steel and Mumbai-based Uttam Galva, have decided to cut down the prices of cold-ro...
- Export levy grip on steel may loosenThe government is considering to exempt cold rolled coils (CRC), galvanised products and tubes & pipes from the levy of 10% export duty if ...
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