Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

India steel index drops 1.1% w-o-w on weak construction demand, muted trade sentiment

Source: BigMint May 27, 2026 13:35
Share this with
X linkedin WeChat Copy this link
Steel Global
Rebar prices drop across regions amid accumulating inventory. HRC prices range-bound, CRC drops INR 500/t (over $5/t) w-o-w. Odisha iron ore index drops INR 400/t post OMC auction
India steel composite index, a barometer of the domestic steel market, declined by 1.1% w-o-w, as assessed on 22 May 2026 last, on inventory build-up amid subdued trade channel demand and declining domestic iron ore prices. Weak construction sector sentiment due to the prevailing heatwave in many regions, and

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like
  • India: Billet index records moderate recovery amid improved buying

    May 27, 2026 14:00

  • Taiwan's Feng Hsin cuts rebar price by $6/t, holds scrap price

    May 26, 2026 15:00

  • India: Odisha iron ore fines index decline INR 400/t ($4/t) amid weak market post OMC auction

    May 26, 2026 08:30

  • Indian tier-1 steelmakers post uneven production growth in FY'26 even as demand outlook remains strong

    May 25, 2026 10:00

  • India: Billet index dips further on weak buying interest

    May 25, 2026 08:30

Price Curve
Daily Prices
  • Square billet prices: China's major cities

    May 27, 2026 17:23

  • Square billet EXW prices: Tangshan major mills

    May 27, 2026 17:21

  • Major steel product prices: Guangdong

    May 27, 2026 17:15

  • Construction steel prices: Huizhou

    May 27, 2026 17:15

  • Construction steel procurement prices: Changchun

    May 27, 2026 17:14

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com