🛎️ Iron Market Report – 29 April 2025

🔹 Global Market | China:

Most metals in the ferrous chain saw a decline yesterday.

🔹 Domestic Market (Mandi):

Prices of ingots and old scrap dropped yesterday.

Ingot trading range today: ₹42,500 – ₹43,100/ton

🔹 Secondary Steel Markets:

Prices saw a change of ₹100–₹300 yesterday in the secondary steel market.

Primary TMT market remained stable.

Key markets: Mandi Gobindgarh, Delhi, Gujarat, Raipur, Durgapur, Hyderabad, Jalna, Nagpur, etc.

🔹 Expert View:

According to market experts, due to weak demand, steel prices may continue to decline today.