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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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Steel plays a critical role in modern industries, from construction and infrastructure to automotive and manufacturing. Different types of steel offer varying properties such as strength, corrosion resistance, and durability, which influence their grades, applications, and prices in India. Let us understand the main types of steel, their grades, uses, and typical price ranges in the Indian market.

Last updated on: Sep 1, 2026

Galvanised steel is a zinc-coated steel designed to resist rust and corrosion, making it widely used in construction, infrastructure, automotive, and manufacturing industries. Its durability, low maintenance, and cost efficiency make it a popular choice for roofing sheets, GI pipes, and structural applications in India. Let us explore what galvanised steel is, its price per kg in India, types, manufacturing process, applications, and benefits.

Last updated on: Sep 4, 2026

India has a glorious history of steel production dating back to over 100 years. The first iron and steel industry in India was started in 1907 in the city of Jamshedpur. Today, India is the world’s 2nd largest producer of crude steel with per capital consumption of steel at 86.7 kgs in 2023. Let’s learn more about the first steel plant in India and steel production.

Last updated on: Oct 4, 2024
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