Global steel prices moved higher m-o-m in April 2026, led by gains in finished steel across major export markets. HRC export prices from India rose to $641/t (EU), while Turkish rebar increased to $598/t, reflecting improved price realisations amid tighter supply conditions. At the same time, raw material trends remained mixed, with iron ore largely stable and scrap prices firming, supporting cost structures across the value chain. The price increase comes after a period of volatility in March, when supply chain disruptions linked to geopolitical tensions lifted input costs and freight rates. While these pressures have partially eased, the impact continues to be reflected in steel pricing, particularly in export markets.
Leave a Reply