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India: Semi-finished steel prices rise amid renewed demand momentum

Source: BigMint Nov 04, 2025 10:00

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IF-rebar prices rise as inventories drop sharply. HRC prices drop, post-festive demand lull continues

The domestic steel market saw a positive trend in prices during week 44 (27-31 October 2025). Semi-finished steel prices increased by INR 500-1,400/tonne (t) as demand improved following the Diwali festive season. Iron ore, pellet BigMint's bi-weekly Indian low-grade iron ore fines (Fe 57%) export index increased by $2/t w-o-w to

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