Tag: Indian steel industry analysis

Mills sustain hikes amid constrained availability Geopolitical uncertainty adds volatility risk Indian coated flat steel prices increased further during the week, with mills announcing additional hikes of INR 3,000-4,000/t ($32-43/t) across galvanised plain (GP) and colour-coated (PPGI) products. Post-revision, effective transaction levels for GP were reported in the range of INR 74,000-78,000/t($799-843/t), while PPGI prices…