1 - 10 Results of 40

Global steel prices to stabilise in 2023; to see gradual demand revival

Global steel prices (free-on-board, China) are set to stabilise in calendar 2023 on-year, after falling over 40 per cent to $570-590 per tonne in December 2022 from the early-April peaks of $1,000 per tonne on tepid steel demand

---

Cement demand declines with rising input costs in India

Cement industries announce hike by Rs 15-20 per bag in June

---

Steel prices likely to drop by Rs 3000–Rs 5000 per tonne soon

Govt waived customs duty on some raw materials import in May

---

Domestic steel sector hits by moving train post govt’s duty steps

The government increased the duty on iron ore exports by up to 50%

---

FICCI seeks 3 months exemption to clear pending steel orders

There are 2 million tonnes of steel orders in the pipeline

---

Steel products prices drops by 10%-15% to Rs 57,000 per tonne

Steel prices from leading players were at Rs 75k to Rs 76k per tonne

---

TV Narendran: Tata Steel may increase CapEx to achieve 40 MT target

The company's installed capacity in India is 20.6 MTs

---

Housing costs increase by 10-15% in Andhra Pradesh

Construction materials prices were hiked by 40-50% in past months

---

Property prices to increase by Rs 400-500 per sq ft in Gujarat

The price hike declaration was made by CREDAI Gujarat members

---

Builders seek MoHUA intervention on rising cement, steel prices

A surge in raw materials price imposes concern on builders

---