Tag: raw material prices decline in Sep’25

Global steel and raw material prices declined for the most part in September 2025, with Chinese iron ore fines (up $4/t m-o-m), Indian imported coking coal (stable m-o-m), and Japanese hot-rolled coils (HRCs) (stable m-o-m) being the few exceptions. Overall, for most finished steel commodities, markets witnessed sluggish offtake, which led to the downtrend in…