India steel index starts 2026 on positive note, bullish momentum to continue

Primary steel mills raise rebar prices by INR 2,000/t. Flat steel prices hiked again following mid-Dec'25 revision. Safeguard duty offers policy support, further hikes likely

Morning Brief: India steel composite index recorded a sharp surge in the week ended 2 January 2026, with the index value jumping back to June 2025 levels after having dropped to multi-year lows in the second half of 2025. The composite index witnessed an unusually sharp weekly uptick of