India steel index weakens w-o-w despite marginal rise in HRC trade prices

Source: BigMint Dec 17, 2025 08:30

Benchmark HRC trade prices rise by INR 300/t w-o-w. IF rebar softens, market fails to digest earlier list price hikes. Weak export demand, declining Chinese production weigh on prices

Morning Brief: India steel composite index pared gains witnessed last week to fall back to late-November levels, as per latest assessments on 12 December 2025, with steel market conditions remaining weak. Domestic billet prices across markets dropped in the range of $3-11/t w-o-w last week, and sponge iron and

Price Curve

Daily Prices

Square billet prices: China's major cities

Apr 02, 2026 17:46
Square billet EXW prices: Tangshan major mills

Apr 02, 2026 17:45
Major steel product prices: Guangdong

Apr 02, 2026 17:16
Construction steel procurement prices: Shenzhen

Apr 02, 2026 17:15
Construction steel prices: Shenzhen

Apr 02, 2026 17:14

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