[SMM Steel] Indian Domestic Steel Prices Remain unchanged

Published: Oct 22, 2026 16:39 (GMT+8)

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[India Domestic] Indian domestic steel prices trended flat on Oct 22 as market activity resumed after the festive holidays but not as per expectation. Buyers remained less active and trades seemed limited. Raipur Rebar unchanged 543 USD/tonne (51,500 INR/tonne) EXW Raipur. Raipur PDRI sponge iron flat 297 USD/tonne (28,200 INR/tonne) EXW Raipur. Mandi billet flat 497 USD/tonne (47,100 INR/tonne) delivered Mandi. Raipur billet flat 467 USD/tonne (44,300 INR/tonne) EXW Raipur. Mandi HMS 1&2 (80:20) unchanged 401 USD/tonne (38,000 INR/tonne) delivered Mandi.

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