Posts tagged with Steel

Shortage of Long Steel Products for Construction
Jan 2021 , by in ALLIED

Housing and construction projects outside urban markets are staring at a slowdown for a few months with dealers and buyers reporting a shortage of long steel products, such as rods, bars and wires. Construction steel, mostly produced by small, secondary steel mills scattered across the southern a... Read more...

Steel Prices Rise Hit Construction Industry Hard
Jan 2021 , by in ALLIED

The rise in prices of steel has hit the construction industry hard. Expenditure on steel constitutes about 15% of any construction project. In projects such as construction of bridges, it goes up to 20% to 25%. Stability in prices of steels is an important factor in signing government or private ... Read more...

Sustained Demand Can Rationalize Steel Prices
Dec 2020 , by in ALLIED

Steel prices have been rising for the past four months. It is interesting to look at the data released in WPI items in which a number of categories, more than 30 of them related to steel, are tabulated and released on a monthly basis. The WPI for November’20 shows that prices of manufacturing o... Read more...

Large Steel Companies to Dominate Market: ICRA
Dec 2020 , by in ALLIED

Large integrated steel players are likely to see their market dominance increase this year, with both prices and volumes picking up since September and expected to hold stable till the March quarter. This would make them stand apart in a manufacturing sector that has been battered by covid-19. Wi... Read more...

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