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India steel index rises 1.2% w-o-w as flats prices surge on tight supplies

Source: BigMint Apr 01, 2026 08:30
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Benchmark HRC prices increase by INR 1,000/t ($11/t) w-o-w. Major mills to take maintenance breaks in April. Primary mills hike rebar prices further by INR 1,000/t ($11/t)
India steel composite index continued to edge up w-o-w, as assessed on 27 March 2026 last, as tight supply, geopolitical uncertainties, rising freights, and higher raw material costs triggered buyer inquiries in the market. Primary mills raised key product prices, driven by elevated production costs.   The flagship index rose by

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