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Steel demand outruns capacity as prices stage comeback from monsoon slump: Kotak
Domestic steel demand is projected to remain strong, exceeding capacity additions through FY2029. Robust consumption trends are supported by healthy industrial and infrastructure activity across India. Long steel prices have recovered significantly and are expected to rise further with favorable seasonality. Flat steel prices are currently at a discount to import parity, with regional prices potentially increasing.
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economictimes.indiatimes.com
Steel demand outruns capacity as prices stage comeback from monsoon slump: Kotak
Domestic steel demand is projected to remain strong, exceeding capacity additions through FY2029. Robust consumption trends are supported by healthy industrial and infrastructure…
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thehindubusinessline.com
Steel prices to rise ₹2,000 a tonne on firm demand
Steel prices are set to rise by ₹1,500-₹2,000 per tonne in September due to strong demand and rising input costs.