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Global steel prices soften further in Oct'25 but will trend reverse in Nov?

Source: BigMint Nov 10, 2025 10:00
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Steel Global
Iron ore, coking coal prices remain firm. Chinese, Indian HRC export prices edge down. Global downtrend likely to continue in Q4CY'25
Morning Brief: The global steel market continued to witness a downward spiral in prices across key geographies in October 2025, signalling a weak start to Q4CY'25. Trade restrictions and the deceleration in steel demand in major regions of the world intensified market competition and negatively affected prices.   The prospect of easing

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