India steel prices rise on scrap tightness even as freight, coal ease amid weak trade flows - A 360-degree view

Source: BigMint Apr 07, 2026 08:30

Steel prices gain on strong bookings and scrap-driven cost pressures despite stalled exports. Freight rates and coal prices soften, signalling weaker trade flows and easing logistics constraints

Ongoing developments across the Middle East continue to reinforce supply-side risks for metals and energy markets. Repeated strikes on Iranian steel facilities have disrupted operations and exposed vulnerabilities in supporting infrastructure, while continued threats of escalation across Gulf countries are keeping regional production at risk, according to media reports

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