24/10/2025
*Steel prices hit five-year low; weak trend likely to persist in near term:* BigMint
*Domestic steel prices have slumped to a five-year low, trading in the range of Rs 47,000- 48,000 per tonne impacted by multiple factors,* including surging imports, as per market data from BigMint.
*The last time prices were at such levels was in 2020, when HRC was trading at Rs 46,000/tonne levels and rebar at Rs 45,000/tonne amid the pandemic slowdown.*
https://m.economictimes.com/industry/indl-goods/svs/steel/steel-prices-hit-five-year-low-weak-trend-likely-to-persist-in-near-term-bigmint/articleshow/124776337.cms