
india's finished steel consumption rose 7.9% during April-July 2026, outpacing domestic production growth as imports surged 36.6% to 2.77 million tonnes.

india's finished steel consumption rose 7.9% during April-July 2026, outpacing domestic production growth as imports surged 36.6% to 2.77 million tonnes.

Weak construction demand, high inventories and the monsoon slowdown push TMT rebar prices to their lowest level in six months, with recovery expected after the rainy season. Key Highlights Steel Prices Fall to Multi-Month Low Prices of TMT rebars, one of the most widely used construction steel products, have dropped...
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