India turns net exporter of finished steel in FY26 Global scrap market faces tighter supply pressure Indian steelmakers urged to act on decarbonisation Royal Steel eyes global demand for structural steel
Flat steel prices are moving higher in key Asian markets, with China and India seeing support from improving industrial demand and steady infrastructure activity. The latest market update points to a firmer global tone as construction, automotive and heavy machinery sectors continue to absorb material, while raw material and energy costs keep producers cautious on supply.
The report highlights clear regional differences in pricing. For Q4 2025, flat steel prices were listed at USD 1,614/MT in China and USD 3,272/MT in India, while other major markets such as the US, Germany and Japan remained at higher absolute levels. The broader takeaway is that Asia is seeing price support from demand recovery, even as global markets remain sensitive to iron ore, coking coal, energy costs and trade conditions.
Looking ahead, the near-term outlook remains moderately positive. Demand from infrastructure, manufacturing and renewable energy projects is expected to keep the market supported, though volatility in input costs and wider economic uncertainty could still influence short-term price direction.
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