India steel index drops for third straight week as long steel prices see sharp correction

Source: BigMint Nov 04, 2026 10:00

Steel composite index falls 0.7%; long steel leads the decline. BF-route rebar slips as availability improves, buying stays cautious. Festive trade slowdown keeps HRC, CRC prices under pressure

India steel composite index declined 0.7% w-o-w as of 30 October, extending its correction for the third consecutive week. The decline was broader this week, with the long steel composite index falling 1.1%, compared with 0.1% in the previous week, while the flat steel composite index declined 0.4%. The sharper

Price Curve

Daily Prices

Galvalume EXW Prices: South Vietnam

Nov 06, 2026 15:10
400-series stainless CRC prices: Foshan

Nov 06, 2026 15:08
Galvanized square pipe prices: Shanghai

Nov 06, 2026 15:02
Square pipe prices: Shanghai

Nov 06, 2026 15:02
Spiral welded pipe prices: Shanghai

Nov 06, 2026 15:02

Mysteel Global WhatsApp business account

Customer Service: globalsales@mysteel.com