Alloy steel comprises different elements like silicon, chromium, molybdenum, nickel, aluminum, etc. These elements make alloy steel stronger, tougher, and harder, and the alloy steel price in India is volatile as per their type, which we will discuss further in this blog. What are the different types of alloy steel? There are different types of…
The scrap price in the steel industry holds a crucial position in determining the overall dynamics of the market. The scrap metals, including iron and steel, create a significant part of the raw material supply chain while producing new steel. With the increase in industrial activities and infrastructure development, India is one of the largest…
Why Prices are increasing in 2024? Decreased in the Production Indonesia, the world’s largest nickel producer, witnessed delays in mining approvals early this year — resulting in supply concerns and price spikes. Production cut from Australia and New Caledonia due to the low-price environment and negative margins. Increasing Demand from China China is a leading…
Why are Plastics Price Increasing? Future Price trends The future prices of plastics will be influenced by factors such as supply chain disruptions, raw material costs, and growth in key sectors. In the short term, prices may continue to rise, but they might stabilize in the long term. Plastic Price related News 2024 India’s plastic…