Author: Kameshwar Rao

Steel prices remain stable w-o-w in south India, supported by firm raw material costs

Mar 27, 2026

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by

Kameshwar Rao

in Finish long

LNG shortage limits scrap generation in Chennai, prices rise INR 500/t Elevated pellet, coal prices keep Bellary sponge iron prices stable w-o-w Steel prices in southern India remained stable to firm w-o-w on 27 March 2026, supported by steady to slightly higher raw material costs, particularly sponge iron and melting scrap. Scrap availability was constrained…