HomeNewsBusinessDespite import drop amid safeguard duty support, steel prices lower than last year

Despite import drop amid safeguard duty support, steel prices lower than last year

The data showed that while prices in April were largely flat year-on-year, prices declined in June and July, by around 5 percent each over the same period.

Global oversupply trends, slackening in demand, and low input prices kept steel prices lower despite duties

Shiladitya Pandit

first published: Aug 28, 2025 04:16 pm

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Despite import drop amid safeguard duty support, steel prices lower than last year

The data showed that while prices in April were largely flat year-on-year, prices declined in June and July, by around 5 percent each over the same period.

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