Government owned steel Authority of India (SAIL) and Vizag Steel (RINL) have kept rebar prices unchanged for Feb’17 deliveries. The prices are applicable from earlier In the month of Jan’17 and the integrated Steel plants increased the steel prices up…

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In a week’s time,Indian wire rod producers based in Raipur increased their prices by INR 200/MT,the traders who play a major role in the wire market industry are hesitant to take position over volatile steel prices. They further added that…

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China’s rebar offers for both domestic & export market has increased. Chinese steel prices continue to remain firm over last three weeks. Whereas Chinese rebar export offers have increased by USD 5-10/MT in Jan’17 and stood at USD 435-440/MT. Meanwhile,…

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Indian pig iron further increase prices in Jan’17 over limited supply where as earlier reason of rise in raw material coking coal prices remain offset. On monthly average, steel grade pig iron prices gain by INR 1,200—2,500/MT (USD 17-36) in…

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On Monthly average basis, sponge prices in Central & South India gain sharply by INR 700-1,400/MT (8-10%) in Jan’17.In East India, Durgapur it slightly gain by INR 300-400/MT. Major Price hike is seen in Bellary & Hyderabad by INR 1,200-1,400/MT…

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