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The Economic Times

Economy / The Economic Times

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Steel demand outruns capacity as prices stage comeback from monsoon slump: Kotak

Domestic steel demand is projected to remain strong, exceeding capacity additions through FY2029. Robust consumption trends are supported by healthy industrial and infrastructure activity across India. Long steel prices have recovered significantly and are expected to rise further with favorable seasonality. Flat steel prices are currently at a discount to import parity, with regional prices potentially increasing.

29 Aug 2026 12:59 pm