Indian Structural Steel Market Holds Firm on Tight Supply, Better Liquidity

India’s structural steel market remained firm this week, with prices largely steady and a mildly positive bias in primary mills, supported by tighter supply and improved post-festive liquidity.

Primary Market Prices

 

Secondary Market Prices

Liquidity in the market has improved after the festive period, aiding billing and movement across key hubs, even though credit availability remains tight and cash discounts are limited. With export demand muted, most output continues to be absorbed domestically, and traders expect a modest upside of ₹200–₹400/tonne in active regions if supply remains constrained.