Author: Suyash Jain
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India: Steel prices rebound sharply after hitting 5-year lows in late 2025
Safeguard duty curbs HRC imports, tightens domestic supply Rising coking coal costs, stable iron ore lift production expenses Indian steel prices traced a pronounced U-shaped trajectory between January 2025 and January 2026, sliding to five-year lows in October-November before rebounding sharply from December as cost pressures, particularly higher coking coal prices, policy support, and tighter…