Mild Steel News Today

India's structural steel market is riding strong momentum, especially in the primary segment, driven by government-backed infrastructure and housing projects. Prices have firmed up due to tight supply and higher raw material costs, with lead times stretching into June for heavy sections. Secondary market activity remains healthy with focused restocking and zone-level supply control.

Primary TMT prices remain elevated across major cities due to constrained supply from ongoing and upcoming maintenance shutdowns at key plants like SAIL DSP and Dolvi. Demand, however, is showing signs of decline, with significantly fewer inquiries compared to March. The government has imposed a 12% safeguard duty to protect local mills.

Baosteel says steel production restrictions are likely, but they are prepared with support from Baowu Group. They aim to maintain full production and sales.

Pig iron production impacted by maintenance is expected to rise by 2,000 mt to 895,700 mt next week. Building materials output will decrease by 14,800 mt to 1.1396 million mt. Hot-rolled steel production will increase by 72,000 mt to 112,600 mt.

Karnataka Industry Minister M B Patil requests central government support for freight corridors and logistics infrastructure to boost the state's steel sector, which contributes 15% to India's production.

Odisha aims to produce over 130 million tonnes of steel annually by 2030-31, potentially accounting for more than a third of India's total steel output, driven by investments from major steel producers.

Asian steel market faces uncertainty in Q2 2025 due to trade tensions, tariff threats, and declining Chinese futures and seaborne steel prices.

Find the best kitchen gas lighters for safe and easy ignition. Several brands offer stainless steel and electric options.

First 100m span of a 'Make in India' steel bridge for Mumbai-Ahmedabad bullet train launched over NH-48 near Nadiad. 28 such steel bridges are planned, 7 launched so far.

India urges companies to acquire overseas raw material assets like iron ore and coking coal, aiming to boost steelmaking capacity to 300 million tons by 2030 from 200 million tons.