Archive · 2 Jan 2026
Steel Prices Hit 5-Year Low in 2025
In 2025, steel prices in India were the lowest they've been in five years.
The CEO of Tata Steel, T V Narendran, said this happened because of problems like countries not letting materials move easily across borders and too much steel being produced globally.
China was exporting a lot of steel, which made it hard for Indian steel companies to sell their products abroad.
Even though India's steel demand was strong, prices stayed low.
Tata Steel is focusing on making better products instead of just making more steel.
They are also expanding some of their plants.
Narendran said India's economy is growing fast, but they need to be ready for global challenges.
Steel prices in India reached their lowest level in five years in 2025 despite strong domestic demand and supply.
Tata Steel CEO T V Narendran attributed the low prices to global trade disruptions and protectionist measures.
China's slowdown led to a surge in Chinese steel exports, affecting global markets.
Tata Steel's European business faced pressure due to duties on steel exports from Europe and the US.
Tata Steel is focusing on value addition and expanding its plants, with the Kalinganagar plant's capacity enhanced to 8 million tonnes.
- Who
- T V Narendran, CEO of Tata Steel
- What
- Steel prices in India hit a five-year low in 2025
- When
- 2025
- Where
- India
- Why
- Due to global trade disruptions, protectionist measures, and excess supply in global markets
Global Trade Disruptions
Strong Domestic Demand
Causes of Low Prices
Global Trade Disruptions
Global trade disruptions and protectionist measures have led to a surge in Chinese steel exports, affecting global markets and keeping steel prices low in India.
Strong Domestic Demand
Despite global challenges, India's domestic steel demand and supply remain strong, which should theoretically support higher prices.
- Lowest Steel Prices
- Five years in 2025
- CEO
- T V Narendran
- Company
- Tata Steel
- Chinese Steel Exports
- Over 100 million tonnes
- Jamshedpur Plant Capacity
- 11 million tonnes
- Kalinganagar Plant Capacity
- 8 million tonnes
- Meramandali Plant Capacity
- 5.2 million tonnes
- Neelachal Plant Expansion
- 1 million to 4 million tonnes
- Ludhiana Plant Operation Start
- March 2026
Sources
Lowest steel prices in five years in India in 2025: Narendran
Lowest steel prices in five years in India in 2025: T V Narendran
India's Steel Prices Hit 5-Year Low In 2025 Despite Strong Demand: Tata Steel CEO
PMI manufacturing dipped to 55 in December
Manufacturing PMI slips to 55.0 in December, growth weakest in two years
India’s manufacturing growth slows in December, PMI hits 38-month low
