Tag: steel inventory drawdown

BigMint’s India Steel index hits 3-year high on cost pressure, tight supplies

Apr 6, 2026

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by

Admin Operation

in HRC

HRC trade prices hit 3-year high as supply tightens Mills hike BF rebar prices on fast inventory drawdown Maintenance closures, NMDC hike to support steel prices Morning Brief: BigMint’s India steel index, a barometer of the domestic market, edged up sharply w-o-w, as assessed on 3 April 2026, rising by 3.4% – the steepest weekly…