📉 Steel Market Update | Advisory Bazaar Info Services
🗓️ 20 June 2025
➡️ Market Condition:
TMT prices continue to weaken. Most major markets have recorded a decline. Competitive pricing and sluggish demand are putting downward pressure on prices.
➡️ Demand Side:
🔸 Buyers across the country are adopting a cautious stance.
🔸 Purchases are being postponed due to expectations of further price drops.
🔸 Buying activity remains slow in both primary and secondary segments.
🔸 In some regions, producers have implemented aggressive price cuts.
➡️ Supply Side:
🔹 Inventory levels are stable and sufficient.
🔹 Supply chain and logistics are operating normally.
🔹 Due to declining order inflow, production is gradually slowing down.
➡️ Forecast:
If demand does not improve, further price declines are likely in the coming weeks. Existing stock levels and buyer caution will continue to exert pressure on prices.