As of April 9, 2025, the Indian steel industry is experiencing notable developments influenced by domestic policies, international trade dynamics, and market demand. 🔖 #steel #steelfabrication #price

🔹 Government Policies & Trade Measures India has introduced key revisions under the "Domestically Manufactured Iron And Steel Products (DMI&SP) Policy 2025" — effective April 1. All government agencies must now prioritize sourcing locally manufactured steel.

Additionally, the DGTR (Directorate General of Trade Remedies) has recommended a 12% temporary duty on select steel imports to protect domestic players from a surge of low-cost inflows, especially from China, South Korea, and Japan. #market #pricetrend

🔹 Steel Price Trend – Week 1, April 2025Prices have been steadily climbing due to heightened infrastructure demand and tighter raw material availability:

📅 Date	💰 Avg. Flat Steel Price (₹/Ton)
April 1	₹58,200
April 5	₹59,400
April 10	₹60,150

🔹 Key Forecast Highlights

✅ Positive Drivers:• Acceleration in metro, rail & expressway projects• Resurgence in private capex investments• Better downstream offtake in auto & construction sectors

⚠️ Watch-Outs:• Global volatility in scrap & coking coal pricing• Monsoon disruptions expected from May–June