Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Steelmakers battle low prices as demand slips, stocks grow
Mint Kolkata
|October 24, 2025
Prices of steel used in cars and home appliances have fallen to a nine-month low in India and that used in construction and infrastructure to a near-five-year low with no clear path to recovery in sight.
Weak demand from large infrastructure projects, and oversupply of steel domestically have led to lowest prices this fiscal. BLOOMBERG
(BLOOMBERG)
Weak demand from large infrastructure projects coupled with an oversupply of steel domestically has pushed prices to their lowest level so far this fiscal.
Prices of benchmark hot rolled coil steel have fallen to ₹48,275 per tonne-the lowest since February this year. Hot rolled coils are large steel sheets rolled into wide coils, used mainly in automobiles, home appliances and roofing sheets.
Rebar prices are in the ₹47,000 per tonne range, the lowest since November 2020, showed data from BigMint, a market intelligence firm. Rebars are long steel rods that reinforce concrete in building and infrastructure projects, accounting for about 45% of the market.
Steel executives maintain that steel prices will recover in the coming months but analysts are not very sure.
Esta historia es de la edición October 24, 2025 de Mint Kolkata.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Kolkata
Mint Kolkata
Sebi’s plan to reduce fees gives mutual funds breathing room
The sharp fee cuts India's mutual fund industry had been bracing for have not materialized.
2 mins
December 19, 2025
Mint Kolkata
Perpetual licensing, uniform testing for medical devices
Licences for manufacturing and importing medical devices will no longer lapse after five years
2 mins
December 19, 2025
Mint Kolkata
New unified code to overhaul securities market regulations
\"We have seen show-cause notices being issued five years after the violation happened.
1 mins
December 19, 2025
Mint Kolkata
TVS Supply Chain moves NCLAT
TVS Supply Chain Solutions has moved appellate tribunal NCLAT, challenging an NCLT order which had rejected its plea to initiate insolvency against the Indian unit of telecom gear manufacturer ZTE.
1 min
December 19, 2025
Mint Kolkata
Shashwat Sharma to take charge as Airtel India CEO
Gopal Vittal to move from vice chairman and MD to executive vice chairman for five years
2 mins
December 19, 2025
Mint Kolkata
Adani Infra weighs $1 bn dollar bonds to execute group projects
A private company owned by billionaire Gautam Adani and his family has been tasked with managing infrastructure projects across the Adani Group's listed firms, as the conglomerate moves to bring project execution in-house and retain margins that would otherwise have gone to external contractors.
1 mins
December 19, 2025
Mint Kolkata
CCI to probe IndiGo for flight disruptions
The Competition Commission of India (CCI) announced on Thursday that it will investigate complaints received regarding IndiGo's flight disruptions early this month.
1 mins
December 19, 2025
Mint Kolkata
How child-free couples are rethinking retirement math
Focus is on flexibility, experiences and early retirement over traditional child-centric targets
3 mins
December 19, 2025
Mint Kolkata
Adani Infra to raise $1 billion via dollar bonds
Adani Infra is a subsidiary of Adani Properties Pvt Ltd (APPL), which is in turn held by the S.B. Adani Family Trust, a key promoter entity of the Adani Group.
1 mins
December 19, 2025
Mint Kolkata
Gift deed or will? The best way to transfer your residential flat
My uncle wishes to transfer ownership of his apartment valued at ₹80 lakh, located in a cooperative housing society, to his daughter.
2 mins
December 19, 2025
Listen
Translate
Change font size