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HRC PRICES INDIA
India's steel capacity utilisation to stay above 90% on strong demand: KotakIndia's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...- Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
- Are metals turning defensive? 5-year returns rival, even beat traditional safe havensMetal stocks are outperforming defensive sectors, delivering strong returns driven by structural demand shifts and supply constraints. Fact...
- 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 ...
- 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...
- 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...
- 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...
- 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...
- Mahindra evaluating options as commodity prices surgeOver the past few days, domestic steel makers have hiked the prices of hot rolled coil (HRC) and cold rolled coil (CRC) by Rs 4,000 and Rs ...
- 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...
- Steel makers hike prices of HRC, CRC by up to Rs 4,500 per tonneAfter the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne.
- 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...
- 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...
- 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...
- 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...
- 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 ...
- Let domestic steel market be freeLast week, at the meeting of National Steel Consumers’ Council, a demand raised by users of intermediates and semi-finished steel was that ...
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