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GRADE HRC PRICES
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 ...- NMDC cuts rates of iron ore lump by Rs 600/tonne, fines by Rs 500 per tonneNMDC has reduced the prices of iron ore lump by Rs 600 per tonne and fines by Rs 500 per tonne, effective immediately. This decision comes ...
- Steel export parity price scheme yet to gain tractionNeither EEPC nor steel producers shared details about the quantity consumed under the scheme. This arrangement between MSME exporters and l...
- 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...
- Proposed duty levy on steel imports could lead to steep price hike in 2025: CrisilSteel prices in 2025 are expected to increase if the proposed safeguard duty on imports is imposed by February end. Domestic prices are und...
- Steel levy: Smaller players gain, but big companies sufferSmaller steelmakers benefited from the duty changes as their costs went down and they had little adverse impact on business, while large st...
- Small steelmakers cheer input cost cut as big rivals fret over export dutySmaller steelmakers benefited from the duty changes as their costs went down and they had little adverse impact on their business, while la...
- India's top steelmakers hike prices by Rs 3,000 - Rs 3,500 a tonne due to rising cost inflation“This was an expected move by the Industry. The cost inflation is too high. Our fuel costs have gone up by more than 70% yoy and a fall in ...
- NMDC hikes lump ore price by Rs 700 per tonne; fines by Rs 1,500 per tonneThe announcement has come at a time when steel is trading at an all-time high. In May 2021, the steel makers raised prices of Hot Rolled Co...
- 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...
- Budget 2019: FM proposes exemption on customs duty on inputs for making steel sheetsAt present, few Indian steel producers produce this variety of value-added steels within the country.
- Moody's Investors Service downgrades Tata Steel's corporate family ratingIt has also downgraded Tata Steel UK Holdings Limited's (TSUKH) CFR and probability of default rating to B3/B3-PD from B2/B2-PD.
- ISA urges government to curb higher grade steel importsISA has urged the government to rein in growing imports of higher grades of steel in the guise of base grades of steel.
- Global iron ore prices recover in April 2015; reverse price fall trend of past monthsGlobal iron ore prices staged a recovery last month reversing a trend that witnessed a sharp fall in past months.
- Steelmakers set to lower prices as rupee gainsThis is the first time in six months that prices have been lowered, reversing a trend in which steel majors have been increasing prices to ...
- Steel Cos to raise benchmark pricesDomestic steel companies have decided to raise benchmark prices of flat steel products like, hot rolled (HRC)and cold rolled coils, by an a...
- Steel cos may hike prices by 5% in JulyPrices are likely to go up in the range of Rs 500-1,000 per tonne for various products. Some steelmakers had raised prices by Rs 500-1,000 ...
- Steelcos cut prices by 4.5%In the wake of a slump in steel prices globally, primary and secondary steelmakers including Ispat, Essar, JSW and Uttam Galva are learnt t...
- 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...
- Watchdog on drawing board to tear through steeling pricesThe steel ministry is likely to ask steel companies to reduce prices further if price of the alloy moves up more than the proportionate inc...
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