Commodities share price target

Indian HRC: Indian HRC prices remained flat WoW to Rs 49,500/tonne, as market participants adopt wait and watch approach to gain further price clarity for September. Billet-Ex-Raipur: Billet prices increased by 1.6% WoW to Rs 37,200/tonne, supported by positive sentiment spill-over from GST 2.0 reforms, boosting steel demand from consuming industries. Chinese HRC: Chinese HRC prices decreased by 1.0% WoW to Rs 41,857/tonne, driven by concerns of potential domestic oversupply...

Indian HRC: Indian HRC prices remained flat WoW to Rs 50,000/tonne. Meanwhile, DGTR has finalised a three-year safeguard duty on flat steel products, set at 12% in the first year, 11.5% in the second year and 11% in the third year. Billet-Ex-Raipur: Billet prices remained flat WoW at Rs 37,500/tonne, amid subdued demand as buyer adopted wait and watch approach. Chinese HRC: Chinese HRC prices increased by 3.1% WoW to...

Indian HRC: Indian HRC prices increased by 1.0% WoW to Rs 50,200/tonne, as major steel manufacturers have raised their prices for August sale, supported by improved global market sentiments. Billet-Ex-Raipur: Billet prices decreased by 0.8% WoW to Rs 37,500/tonne, as market sentiments continue to remain subdued amid...

Indian HRC: Indian HRC prices increased by 2.5% WoW to Rs 49,700/tonne, driven by rising raw material costs and upward trajectory of the global steel prices. Upcoming scheduled maintenance...

Indian HRC: Indian HRC prices decreased by 1.4% WoW to Rs 48,500/tonne, amid significant slowdown in demand due to seasonal factors and an influx of cheaper steel imports. Billet-Ex-Raipur: Billet prices increased by 3.6% WoW to Rs 37,850/tonne, driven by revival in buying in sponge iron and finished...

Iron Ore Odisha: Iron ore prices increased by 1.4% WoW to Rs 7,250/tonne, as strong demand was registered in the OMC auction for lumps owing to the material shortage due to heavy rainfall in the region....

Billet-Ex-Raipur: Billet prices remained flat WoW at Rs 36,800/tonne, amid muted demand in finished steel segment. Chinese HRC: Chinese HRC prices increased by 1.1% WoW to Rs 38,714/tonne, driven by speculations over significant property stimulus...

Indian HRC: Indian HRC prices decreased by 1.4% WoW to Rs 50,000/tonne, as buyers pushed for lower rates amid subdued demand, driven by the early onset of the monsoon, which dampened construction and transportation activities. Billet-Ex-Raipur: Billet prices decreased by 0.5% WoW to Rs 36,850/tonne, as prolonged weakness in the finished steel segment...

Indian HRC: Indian HRC prices decreased by 0.6% WoW to Rs 50,800/tonne, amid weak demand, indicated by a decline in sales inquiries and slower sales conversions. The market expects price support from mills to avoid significant losses. Billet-Ex-Raipur: Billet prices decreased by 1.1% WoW to Rs 37,400/tonne, as steel mills stick to needbased purchasing amid muted demand in the finished product segment. Chinese HRC: Chinese HRC prices remained flat WoW at...

Chinese HRC: Chinese HRC prices remained flat WoW at Rs 38,875/tonne, as majority of buyers have either paused their purchases or are offering prices that are too low for Chinese producers to accept,...