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Key Price Trends and Outlook for HR Coils and Plates (Outlook for August…

The Indian steel market for HR Coils and Plates is currently experiencing a downturn in July 2025. HR Coil prices have dropped by ₹800/tonne week-on-week, while HR Plate prices remain mostly stable, with some thinner plates showing a slight decrease. This weakness is driven by monsoon-related low demand and a surge in imports from countries like China and South Korea. Looking ahead, a mild price recovery is anticipated in September–October, following the monsoon season and a potential government policy on import duties.

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Iron vs. cast iron – Which is better and why?

Iron and cast iron are closely related materials widely used across construction, manufacturing, and cookware industries. While both originate from the same base metal, their composition, strength, and industrial applications differ significantly. Let us explore the key differences between iron and cast iron, their properties, uses, and which material works best for specific applications.

Last updated on: Jul 8, 2026

Sohini Banerjee

MSME

Section 43B(h) of the Income Tax Act – Impact on MSE payment terms…

Section 43B and Section 43B(h) of the Income Tax Act in India aims to solve challenges of delayed payments to the MSME sector in India. Here we take a look at how the provision impacts MSME payment terms, and how the new 45 days payment rule affects traders and other MSE businesses.

May 10, 2024

Sohini Banerjee

Procurement

Best Steel for House Construction: Brands, Prices, Grades & TMT Bars

Building a house or commercial building is not an easy task. You have to select the best steel for construction to ensure stability, durability, longevity and cost-effectiveness. Read on to learn about the best steel type for house construction, tips to select the best steel, prices of steel and more.

Last updated on: Feb 18, 2026

Sohini Banerjee

Procurement

Iron scrap rate today – Prices per kg, daily rates (July 2026)

Looking for iron scrap rate today with clear city benchmarks? July 2026 prices typically fall between ₹33 and ₹46 per kg depending on scrap type (HMS, shredded, CRC, cast iron, industrial). Get month-wise movement from Apr 2026 to Jul 2026, then compare city ranges across Bangalore, Mumbai, Delhi/NCR, Chennai, Hyderabad, and West Bengal. A practical buy-sell checklist and required documents section helps bulk buyers and sellers validate grade, invoicing, and transport compliance.

Last updated on: Jul 15, 2026

Sohini Banerjee

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What is bitumen concrete: Guide for highway & infrastructure projects

Last updated on: Jul 20, 2026/

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Bitumen concrete forms the final wearing course on most highways, expressways, and airport pavements, directly influencing ride quality, durability, and...

Bitumen price in India: Latest VG 30, VG 40, PMB & CRMB rates

Last updated on: Jul 17, 2026/

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Bitumen prices in India vary by grade, refinery, order quantity, and delivery location. Understanding these factors helps contractors estimate procurement...