Market News Today

West Asia war hits Punjab industry: 15-20% input cost rise, 50-60% for plastics/rubber/steel. Labour shortage, delayed shipments, and LPG issues impact garments, cycles, and rice exports, causing 20-25% fall in shipments.

The Indian Mild Steel market remained broadly stable during Apr 6–12, 2026, with the category average price edging down a marginal <strong>-0.22% week-on-week</strong> to ₹51,367/MT, even as month-on-month gains of <strong>+2.85%</strong> confirm an underlying recovery trend. Sponge Pellet was the week's biggest mover, shedding <strong>3.32%</strong> to ₹26,200/MT amid easing raw material demand, while Wire Rod bucked the trend with a <strong>+1.93%</strong> gain. Structural products — Angle, Round Bar, Beam, and Channel — held their ground with zero week-on-week movement, reflecting a post-financial-year-end market that is stabilizing before its next directional move.

Steel can be found everywhere in everyday life, from the tallest infrastructure to tiny hairpins. Steel is strong, durable, and recyclable without losing any of its inherent properties. In this article, we will learn the top steel-producing country in the world.

Vizag Steel Employees Union criticizes Steel Ministry for false claims on unpaid VRS dues, demanding immediate resolution for retirees.

Visakha Steel Employees Union accuses the Ministry of Steel of submitting false CPGRAMS replies regarding unpaid VRS dues of RINL employees, seeks PMO intervention.

India's steel exports surged in FY26, driven by trade policies, a weaker rupee, and global demand. This strengthens its global market position, balancing domestic needs with sustainability and navigating global risks.

India needs $20-25 billion investment in iron ore production to achieve its 400 million tonnes steel capacity target over the next decade. This is crucial for infrastructure growth, addressing supply chain gaps, and preventing price volatility.

India's steel producers will hike hot rolled coil prices by up to ₹3,500/tonne due to rising raw material costs and global trends. This will increase construction and infrastructure project costs, despite strong demand.

Metro extension work from Noida City Center to Electronic City causes traffic diversions in Ghaziabad/Noida. Service roads near Sector 62 will close from April 9/11 until June 10/further notice for pillar/steel span construction, impacting commuters.

Researchers explore 3D printed plastic shapes as a sustainable and strong alternative to steel rebar in concrete construction.