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India: Coated flat steel prices diverge amid festive slowdown

Source: BigMint Oct 19, 2026 09:30
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GP prices soften as sellers focus on liquidating stocks before festive season. Tighter availability supports PPGI prices, with inventories at 15-20 days
India'strade-level coated flat steel prices showed divergent movements w-o-w as per BigMint's assessment on 15 October 2026, with the festive slowdown weighing on galvanised plain (GP) coil prices, which declined by INR 200-400/t across major markets. However, pre-painted galvanised iron (PPGI) and bare galvalume (BGL) prices increased w-o-w.   The slowdown

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