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Mild Steel News Today

Latest Market News Of Mild Steel

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India’s Coated Flat Steel Prices Steady; Demand Recovery Seen Post-Festive Season
nexizo.ai
Daily Market Report
27 August

India’s Coated Flat Steel Prices Steady; Demand Recovery Seen Post-Festive Season

Flat steel prices remained steady across Indian markets, with traders expecting demand revival post-September. Coated steel stayed firm but lacked traction. Market sentiment is cautiously optimistic ahead of the festive season and infrastructure recovery.
Iron ore subdued as Trump’s tariff threats fuel demand concerns

Iron ore subdued as Trump’s tariff threats fuel demand concerns

Iron ore futures prices remained low following President Trump's renewed tariff threats, sparking demand concerns.
India’s Climate Finance Requirements – Steel and Cement Overwhelm Power

India’s Climate Finance Requirements – Steel and Cement Overwhelm Power

India needs $467B in additional climate finance by 2030 for decarbonizing steel, cement, power, and road transport sectors. Steel and cement sectors require the most funding, $251B and $141B respectively.
Vibhor Steel Tubes starts supply from new Odisha plant, capacity rises to 3.77 lakh MTPA

Vibhor Steel Tubes starts supply from new Odisha plant, capacity rises to 3.77 lakh MTPA

Vibhor Steel Tubes' new Odisha plant begins supplying ERW and GI pipes, boosting total capacity to 3.77 lakh MTPA. The ₹119.83 crore facility adds 1.56 lakh MTPA.
Guangxi Petchem to officially bring online phase-II PP unit in Oct

Guangxi Petchem to officially bring online phase-II PP unit in Oct

PetroChina Guangxi Petrochemical will launch its phase II 400,000 tonne/year polypropylene (PP) unit in October, boosting profitability and meeting local demand.
China n-butanol capacity to reach 4.365 mln t/y by year-end

China n-butanol capacity to reach 4.365 mln t/y by year-end

China's n-butanol production capacity is expected to reach 4.365 million tonnes per year by the end of 2025, a 16.67% increase from 2024.
US rebar imports up 71.1 percent in June 2025

US rebar imports up 71.1 percent in June 2025

US rebar imports surged 71.1% to 126,220 mt in June 2025, valued at $67.2 million. Vietnam was the top supplier with 58,622 mt.
Outokumpu raises alloy surcharges of stainless steel flat products for Sep

Outokumpu raises alloy surcharges of stainless steel flat products for Sep

Outokumpu raised alloy surcharges for stainless steel flat products in Europe for September. 304 surcharge increased by EUR 48/ton to EUR 2,192/ton, 316L by EUR 112/ton to EUR 3,725/ton, and 430 by EUR 10/ton to EUR 1,149/ton.
India: Coking coal Import diversification, demand realignment, and policy implications for steel industry

India: Coking coal Import diversification, demand realignment, and policy implications for steel industry

India is diversifying coking coal imports to reduce reliance on Australia, from 70% to 50%, with Mozambique, US, Russia, and Indonesia as key alternatives. Domestic production and technological advancements aim to lower coke rates to ~380 kg/t and increase PCI usage to ~170 kg/t.
India: BigMint's coking coal index falls w-o-w amid bid-offer disparities

India: BigMint's coking coal index falls w-o-w amid bid-offer disparities

India's PHCC index fell to $200/tonne on Aug 22, down $12/tonne from Aug 14, due to improved supply and easing steel prices.

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