Indian primary mills raise flat steel prices

Source: Steelmint Nov 05, 2021 10:00

Indian primary steel mills have raised prices for flat steel by INR 2,000-2,500/tonne (t) ($27-33/t) for Nov'21. The reason is surging prices of input materials like coking coal, met coke and ferro alloys, mills say.

Indeed, premium HCC Australian coking coal prices are up 257% in Oct'21 y-o-y while the HCC 64 mid-vol is up 214% in this period. Prices of both silico manganese (60-14) and ferro manganese (FC70%) are currently up around 30% since the third week of September. It may be recalled flats

Price Curve

Daily Prices

Iron ore concentrates procurement prices: China's major mills

Sep 15, 2026 19:46
Mysteel Iron Ore Index

Sep 15, 2026 19:17
Mysteel portside iron ore spot basis

Sep 15, 2026 19:05
Mysteel Portside Iron Ore Indices (PORTDEX)

Sep 15, 2026 19:05
Thermal coal prices (Q5500) : China's major cities

Sep 15, 2026 18:26

Mysteel Global WhatsApp business account

Customer Service: globalsales@mysteel.com