[SMM Steel] India Domestic Steel Market Shows Mixed Price Movement

Published: Aug 20, 2026 15:48

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[India] India’s domestic steel market showed mixed price movements on Thursday with Mumbai rebar and Mandi billet prices rising, Raipur billet prices remaining stable and Durgapur billet prices edging lower. Demand remained moderate and buying was selective, keeping overall market sentiment stable with a slight positive bias. Mumbai Rebar prices up by 3.14USD/tonne to 500USD/tonne EXW Mumbai (47,800INR/tonne). Billet prices increased by 2.09USD/tonne to USD/tonne delivered Mandi (43,200INR/tonne). Raipur billet unchanged at 414USD/tonne EXW Raipur (39,600INR/tonne). Durgapur billet prices edged down by 1.05USD/tonne to 421USD/tonne delivered Durgapur (40,200INR/tonne).

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