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India: Alloy steel prices climb through H1CY26 as demand outpaces domestic supply

Source: BigMint Jul 27, 2026 08:30

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Robust automotive production supports demand growth. Import dependence persists for specialised alloy steel grades

India's alloy steel round bar prices remained on an upward trajectory during the first half of CY'26, supported by improving demand from the automotive and engineering sectors, higher alloy input costs, stronger mill order books, and disciplined pricing by producers. This comes amid robust structural demand in India's alloy steel

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