Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
16 Apr, 2026, 10.23 AM IST
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...
12 Jan, 2025, 12.02 PM IST
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...
08 Oct, 2024, 01.52 PM IST
Why Aditya Welekar continues to be negative on steel stocksAditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though t...
04 Sep, 2024, 03.16 PM IST
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...
20 Aug, 2024, 07.20 AM IST
Steel prices may face pressure from falling international prices: Ind Ra“While prices are at a high point, they are likely to face pressure from a continual decline in global HRC prices due to a sluggish Chinese...
30 Nov, 2021, 09.42 PM IST
Steel companies cut prices to spur demandIndia's top primary steelmakers have reduced prices on the benchmark hot-rolled coil (HRC) by up to 3% for July, halting the pace — and seq...
06 Jul, 2021, 06.30 AM IST
Indian steel exports to see a jump as China withdraws export rebates: ICRA“Given the strong demand, export rebate cuts, the Chinese Government’s intent to keep steel capacities under check…China may not have exces...
07 May, 2021, 07.11 PM IST
Indian steel prices to soften in the near term: AnalystsDomestic hot-rolled coil (HRC) prices rose about 54% during July-December 2020, on the back of a strong recovery in domestic demand and a s...
09 Feb, 2021, 10.32 PM IST
Weak demand, oversupply and price decline to hit Indian steel industry: Ind-RaLarge steel players were operational at lower utilisation levels during the lockdown and due to a dull domestic demand, companies increased...
02 Jul, 2020, 06.59 PM IST
Further drop in steel imports to help domestic mills regain lost market shareDomestic hot-rolled coil (HRC) prices witnessed a drop in July 2016 on account of weak demand and subdued Chinese export prices.
30 Aug, 2016, 04.56 PM IST
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...
08 Aug, 2016, 07.18 PM IST
Steel imports to dip in FY17; prices to rise Rs 3,400/tn: ICRAIndian steel imports will go down substantially in FY17 on the back of imposition of minimum import price while domestic steel prices are l...
12 Feb, 2016, 10.13 PM IST
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 ...
14 Sep, 2015, 06.46 PM IST
- China’s steel prices up 20% on output cuts, festive demand
Thanks to a spate of production cuts, prices of steel products, such the benchmark hot-rolled coils, in the key Chinese market have shot up...
25 Dec, 2008, 02.30 AM IST
- Export duty gives a leg-up to local steel output
Steelmakers have decided to cut down exports significantly in the wake of 15% export duty imposed on hot-rolled coils (HRCs).
30 May, 2008, 03.19 AM IST
- Export duty on HRC to add to steelmakers' margin pressure
Steel producers, including JSW, Essar and Ispat are expecting further pressure on margins in the current quarter, owing to a 15% export dut...
26 May, 2008, 02.10 AM IST