India steel · May 2026 — April rally cooled. Flat-steel hikes stuck on supply discipline; rebar rolled over; coated weakened. Structural story stayed bullish: FY26 net exporter, JSW–JFE Odisha JV, 'Mining 5.0' push to 300 MT by FY31.
In-depth analysis and thought leadership
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Expert opinion & perspectives
The market is trying to extend the April rally, but the tone has changed. Flat steel mills pushed through early-May price hikes on tighter supply expectations, while actual buying stayed selective. Rebar held broadly steady at the primary-mill level, but secondary longs remained under pressure as inventories rose and buyers stayed cautious.
Whitepapers, market reports, and surveys
