India steel index rebounds before year-end, positive momentum may continue

Source: BigMint Dec 24, 2025 08:30

Tier-1 mills raise HRC list prices after earlier rollover. IF-rebar prices rise across regions, inventories ease. Heightened economic impetus in Q4 may support prices

Morning Brief: India steel composite index, a barometer of domestic steel market movements, edged up by 0.9% w-o-w, as assessed on 19 December 2025, with the domestic Tier-1 mills raising flat steel list prices, currency depreciation raising the landed cost of imports, the induction furnace (IF) steel market witnessing

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