India's steel prices may not rise in coming days due to slow industrial growth

Although IDFC Securities have not given any direction as to where the prices of coking coal and iron ore are heading to but the industry feels that the prices should fall in the coming days with the help of surged supply from Australia. Both coking coal and iron ore are important raw materials used for steel making.

Presently, Coking coal is hovering at $310 per tonne and the contract prices for iron ore is around $178 a tonne in the current quarter. India Inc growth has also depreciated by almost half to 6.3% during April due to the poor show by the manufacturing and mining sectors.

Moreover, the domestic steel prices have been persistently low in the last several months.

Steel - Related Products

All Categories Alexa Skills Amazon Devices Amazon Fashion Amazon Fresh Appliances Apps & Games Baby Beauty Books Car & Motorbike Clothing & Accessories Collectibles Computers & Accessories Deals Electronics Furniture Garden & Outdoors Gift Cards Grocery & Gourmet Foods Health & Personal Care Home & Kitchen Industrial & Scientific Jewellery Kindle Store Luggage & Bags Luxury Beauty Movies & TV Shows Music Musical Instruments Office Products Pet Supplies Prime Video Shoes & Handbags Software Sports, Fitness & Outdoors Subscribe & Save Tools & Home Improvement Toys & Games Under 500 Video Games Watches

Search

Amazon Brands

Bestsellers

Stainless Steel

Stainless Steel Fabricators

Stainless Steel Railing

Steel - Deformed Bars

Steel - Doors

Steel - Fabricators

Steel - Fibres

Steel - High Tensile Bars

Steel - Structurals

Steel - TMT Bars

Steel - TMT Bars - Technology Providers

Steel - Tor

Steel Forging

Steel Tubes

by Generic

Silver Balcony Stainless Steel Railing Religious Swastik Symbol,

Price: 649 799

You Save: -19%

by Chitra

Chitra Wave Stainless Steel Door/Cabinet Handles Pack of 6 (8 Inch, Antique Marvel)

Price: 739 864

You Save: -14%

by Gway

Gway GW-90704H Heat Transfer Same Steel Door - (Brown Powder Cotted)

Price: View At Amazon

by Auerllcy

Sanding Sponge,Coarse/Medium/Fine/Superfine 4 Different Specifications Sanding Blocks Assortment,Washable and Reusable.

Price: 1480 2367

You Save: -37%

by Schmieden Fabricators

6 pin stainless steel wall hook rail for bathroom and kitchen | Cloth Hooks Hanger Door Bathroom Robe Hooks Rail for Hanging Keys, Clothes, Towel Steel Hook | Super Easy Installation, Rust-Proof

Price: 350 799

You Save: -56%

by Amazon Brand - Solimo

Amazon Brand - Solimo Myrah Stainless Steel Dinner Plate Set (3 pieces, Curved Deep Wall Design)

Price: 759 1149

You Save: -34%

by U-S-F BATH ACCESSORIES

U-S-F BATH ACCESSORIES Single Soap Holder for Bathroom, Soap Stand for Wash Basin, Soap Dish Holder Wall Mounted, 304 Stainless Steel Bathroom Accessories (Chrome Finish)

Price: 557 1618

You Save: -66%

by uxcell

uxcell 4Pcs 304 Stainless Steel Capillary Tube Tubing 6.4mm ID 8mm OD 300mm Length 0.8mm Wall

Price: 1499 1999

You Save: -25%

by Euskara Homes

A K Homes -Hole Punch Tool, Stable High Hardness Alloy Steel Forging Round Hollow Puncher, for Industrial Accessories Industrial Parts(9mm)

Price: 2270 7899

You Save: -71%

by Lovely

LOVELY Stainless Steel Hopper Magnet Size 12"X12" inch Square Shape

Price: 2687 3399

You Save: -21%

by Adium

Adium Optic Fibre Cutter, Tungsten Carbide Blade Stainless Steel Plastic Auto Return High Accuracy Opitcal Fiber Cleaver with Waste Box for Cold Connection

Price: 7239 11299

You Save: -36%

by GOCART WITH G LOGO

GOCART WITH G LOGO Adjustable No Screw Installation Strength Training Anti-Slip Chin Up Bar (100 KG)

Price: 1329 1499

You Save: -11%

by DMS RETAIL

DMS RETAIL Acrylic Shubh Labh Ganesh for Door Decoration

Price: 170 345

You Save: -51%

by Adium

Adium Fiber Optic Stripper, Alloy Steel Cable Cutter Safety Lock Return Spring Wide Application for Working

Price: 1989 3999

You Save: -50%

by MAP

MAP Stainless Steel Door and Window Handle -DIAGONALLY Shaded -6 INCH Pack of 4 PC

Price: 180 874

You Save: -79%

by Generic

KTM Healthcare Steel Nail, Farrier Tools Low Carbon Steel Horseshoe Nails High Tensile Strength Accurate Crafted for Animal Husbandry for Nailing Aluminum Alloy Horseshoes

Price: 6809 13599

You Save: -50%

by Generic

KTM Healthcare Fuel Lid Wrench, Forging Steel Fuel Tank Wrench 23-190mm Wide Adjustable Durable Secure Grasping for Tank Lids for Fuel Pump

Price: View At Amazon

by ESTYLO

ESTYLO BATH BRAND Stainless Steel Flexible INDIAN MADE Shower Tube, Health Faucet Tube/Hand Shower Tube 1 Mtr. With Brass Fittings And Flexible Hose Full Chrome (Cat No : 4675)

Price: 229 320

You Save: -28%

view more..