Indian steel, raw material prices weaken m-o-m in Jul'26 as monsoon slowdown continues

Source: BigMint Aug 10, 2026 10:00

BF rebar records steep 7% decline, HRC drops slightly by 1%. Coking coal prices dip on weak demand, ample supply. Maintenance shutdowns support 4% uptick in Raipur pellet prices

Indian steel and raw material prices declined m-o-m in July 2026, extending the correction seen in June as the southwest monsoon slowed construction activity, weakened demand, and increased inventories across the steel supply chain. However, unlike June, market conditions began to stabilize during the second half of July as

Price Curve

Daily Prices

Plastic diecasting steel prices: Foshan

Aug 10, 2026 11:10
CR strip prices: Shengfang

Aug 10, 2026 11:10
Construction steel prices: Huaian

Aug 10, 2026 11:10
Plastic diecasting steel prices: Suzhou

Aug 10, 2026 11:10
Construction steel procurement prices: Kunming

Aug 10, 2026 11:09

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