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Mild Steel News Today

Latest Market News Of Mild Steel

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China: Stainless steel raw material market weakens; NPI falls below RMB 900/t ($126/t)

China: Stainless steel raw material market weakens; NPI falls below RMB 900/t ($126/t)

China's stainless steel raw material market weakens. NPI prices dropped to RMB 880/t ($123/t), pushing smelters to consider production cuts. Ferro chrome and ferro molybdenum also softened, pressured by weak demand and oversupply.
Indian HRC/CRC Market Stays Subdued Amid Weak Demand and Rising Import Pressure
nexizo.ai
Daily Market Report
25 November

Indian HRC/CRC Market Stays Subdued Amid Weak Demand and Rising Import Pressure

Flat steel prices remain unchanged across major markets, with HRC hovering around ₹47,000–₹51,500/MT and sluggish demand persisting post-festivals. Tight mill supply, rising imports, soft global sentiment, and cautious buying are keeping the domestic market range-bound with a mildly negative bias.
China Oct benzene imports gain 14.18% MoM

China Oct benzene imports gain 14.18% MoM

China's benzene imports in October 2025 surged to 496,772.84 tonnes, marking a 14.18% month-on-month increase. This reversed a continuous downward trend observed from July to September.
Global Coal Tar Price Trend Analysis 2025: Key Market Drivers, Forecast, and Industry Insights

Global Coal Tar Price Trend Analysis 2025: Key Market Drivers, Forecast, and Industry Insights

Global coal tar prices in 2025 are driven by rising demand from aluminum/graphite sectors, steel production, and environmental regulations. Asia-Pacific leads consumption, with a forecast of moderate upward price movement due to limited supply and higher costs.
Capex revival takes hold as government, industry step up spend

Capex revival takes hold as government, industry step up spend

India's capex shows optimism with healthy government and reviving corporate spending. Corporate capex grew 11% to Rs 9.4 lakh crore in FY25. Favorable outlook for FY26 in oil, gas, and steel sectors.
70-metre bridge for bullet train installed over flyover in Ahmedabad: Steel structure above Ghodasar’s Cadi...

70-metre bridge for bullet train installed over flyover in Ahmedabad: Steel structure above Ghodasar’s Cadi...

India's bullet train project installed its 11th steel bridge, a 70-meter, 670-tonne structure, over Ahmedabad's Cadila flyover. The Rs 1.08 lakh cr project targets under two-hour travel by Dec 2029.
Engineering goods exports slide 17%; Industry seeks EU tariff relief

Engineering goods exports slide 17%; Industry seeks EU tariff relief

Indian engineering goods exports slid 17% in October. Industry seeks EU tariff relief for stainless steel products amidst new EU 50% tariffs and existing US tariffs, crucial for trade and employment.
iFOREST releases ESG benchmark of steel sector

iFOREST releases ESG benchmark of steel sector

iFOREST released an ESG benchmark and GHG framework for India's steel sector. This aims to attract climate finance for greening initiatives, crucial as steel production targets 255 mt by 2030, requiring Rs 9 lakh crore investment.
Brazilian finished steel commercial balance deficit increases in October

Brazilian finished steel commercial balance deficit increases in October

Brazil's finished steel commercial deficit surged in October, with imports of 313,148 mt ($215.483M) against exports of 159,592 mt ($111.238M), resulting in a 153,555 mt volume deficit and a $104.245M value deficit.
Consumption of steel products increase in Chile

Consumption of steel products increase in Chile

Chile's steel consumption surged 16.3% to 1.886 million mt in Jan-Aug 2025, with all product families growing. Imports accounted for 86%. Forecasts predict an 11.5% rise in 2025 to 2.649 million mt, reaching 2.699 million mt in 2026.

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