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Mild Steel News Today

Latest Market News Of Mild Steel

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Steel prices in India remained under pressure in the FY2025/2026 – BigMint

Steel prices in India remained under pressure in the FY2025/2026 – BigMint

India's steel prices faced pressure in FY2025/26, with a 2% index decline. However, production surged 11% to 168MT, consumption rose 7%, and exports increased 30%, supported by policies despite global headwinds.
Metal stocks in focus: Emkay prefers SAIL, Jindal Steel; Vedanta top pick in non-ferrous

Metal stocks in focus: Emkay prefers SAIL, Jindal Steel; Vedanta top pick in non-ferrous

Emkay prefers SAIL, Jindal Steel, and Vedanta in metals, citing geopolitical tensions boosting domestic steel prices (HRC up 16%, rebar 22% YTD) and aluminium ($3,200-$3,500/tonne). Outlook is neutral-to-positive despite Nifty Metal's 11% correction.
Highway Projects to Get Monthly Cost Escalation Payments as Govt Cuts WPI Lag

Highway Projects to Get Monthly Cost Escalation Payments as Govt Cuts WPI Lag

The government launched a Cost Escalation Compensation Mechanism for National Highway projects from April 2026. It reduces WPI lag from three to one month, enabling monthly payments for fuel, bitumen, steel, and cement costs, improving cash flow and preventing project delays.
India's industrial activity picks up pace in Feb'26 but West Asia crisis may halt momentum

India's industrial activity picks up pace in Feb'26 but West Asia crisis may halt momentum

India's industrial activity picked up in Feb'26, with crude steel up 11%, auto sales up 22%, and IIP growing 5.2%. However, the West Asia crisis threatens March momentum, raising costs and disrupting supply chains.
SMM Analysis – India Steel Market 2026: Demand-Led Growth Reshapes Trade Flows and Market Balance

SMM Analysis – India Steel Market 2026: Demand-Led Growth Reshapes Trade Flows and Market Balance

India's steel market in 2026 is projected to be balanced, with demand slightly exceeding supply. Domestic consumption will absorb most output, leading to declining imports and modest export growth, driven by infrastructure investment.
Tempering risk: Steelmakers count costs of fossil fuel price volatility

Tempering risk: Steelmakers count costs of fossil fuel price volatility

Steelmakers face rising costs from fossil fuel price volatility, with DRI capacity growing 60 MTPA by 2030. Renewable energy PPAs offer stable input costs and reduced emissions, increasing their investment appeal.
Oil erases weekly loss, Brent above $110 as steel, energy targets struck in Iran

Oil erases weekly loss, Brent above $110 as steel, energy targets struck in Iran

Oil prices surged, with Brent above $110 a barrel, erasing weekly losses. Hopes for a US-Iran peace deal faded as fighting continued, impacting steel and energy targets in Iran.
Steel, auto, chemicals to gain from more LPG flow

Steel, auto, chemicals to gain from more LPG flow

Govt boosted commercial LPG allocation by 20% to 70% of pre-crisis levels for key industries like steel, auto, chemicals. While aiming to stabilize operations, some sectors still face shortfalls and production cuts.
OilChem: Cracking C5 production plummets as geopolitical tensions reshape supply

OilChem: Cracking C5 production plummets as geopolitical tensions reshape supply

China's cracking C5 production plummets due to geopolitical tensions, with 65% of producers cutting output. Weekly production fell to 65.4 kt, a 5.1% WoW decline and 20.6% cumulative drop since late February.
Supply shocks position specialized PP as profit driver

Supply shocks position specialized PP as profit driver

Geopolitical volatility and supply shocks are driving a structural price realignment in the domestic PP market. Specialized PP resins are now primary profit engines, outperforming standard grades due to Sinopec's capacity drop and tightening imports.

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