
Steel Market Monthly Roundup - August 2026
India steel · August 2026 — The comeback month. Rebar snapped ~13.8% off its late-July trough as maintenance shutdowns tightened supply; HRC held firm near ₹58,000/t; mills hiked flat-steel list prices ₹750–1,500/t; and the FY27 outlook turned constructive even with monsoon still in play. 7-min read.
- Rebar led the rebound: up ~13.8% from the late‑July trough (~₹47,900/t) to ~₹54,500/t by end‑August
- Flats stayed firm (and mills pushed hikes): esilient around ₹58,300–58,800/t
- Outlook turned constructive into September

