In the realm of industrial materials, understanding the pricing and availability of specific grades is crucial for businesses and manufacturers like EN8, which is a widely used steel grade that is famous for its versatility and durability and holds a significant place in various sectors across India. Their applications are diverse and demand-driven. So, to…
According to professional’s prediction a substantial increase in supply for 2024, which is fueled by heightened production in china and Indonesia, which will lead to overall down trend in Nickel prices. China’s expanding domestic refining capacity, the nickel market is preparing to establish a new equilibrium, ensuring a balance between supply and evolving demand. Overview…
In the past few years, the steel and ingot market has grown steadily due to high demand in the construction, infrastructure, and automobile industries. For information, the estimated total size of the ingot industry was around 21 billion in 2018, growing from 13 billion recorded back in 2015, which recorded an impressive CAGR of 15%….
In the landscape of India’s industrial sector, steel still remains a cornerstone commodity, influencing sectors ranging from manufacturing to infrastructure. Apart from that, the volatility in steel costs poses significant challenges for businesses. So, in this blog, delve into the latest steel price news India and explore the invaluable role of Cost Masters in providing…
CostMaters provides you with a complete overview of the steel industry and the value chain through market forecasts and analysis, market-leading price assessments, and comprehensive price services, all driven by analysts using transparent and robust methodologies. The company analysis mainly focuses on demand and supply fundamentals. So, in this article, you will learn all the…
Stainless steel is a popular material and have a choice of multiples applications due to durability, corrosion resistance. When it comes to purchase this resourceful metal, Understanding the price becomes hard. Is Stainless Steel 304 expensive? There is no simple answer to this. Compared to regular steel, 304 stainless steel is indeed expensive. However, its…
India, a country with diverse culture, a glorious past and remarkable economic development has witnessed jumps or fall of steel commodity prices over some years. This pricing dynamics of the nation’s infrastructure and manufacturing sectors anchor the steel industry which has been affected by several other factors.
Rust, the main enemy of steel, among all types of metal structures, galvanised is the best one since it can resist the rust and make this material to live longer. However, do we understand what galvanised steel really means and how it gains such an epithet?
The global steel industry acts as backbone of manufacturing and infrastructure development. As the global economy evermore shifting the changes in supply-demand ratios can fluctuate steel prices globally.
Steel prices worldwide are expected to stay low in 2024, even with a slight bounce in Chinese steel rates towards the end of 2023. The primary reason of this for this development is that steel prices are down especially in big markets outside of China as noted by research agency BMI