Lowest steel prices in five years in India in 2025, Tata Steel CEO Narendran says

Tata Steel CEO T V Narendran stated that Indian steel prices hit a five-year low in 2025 despite strong domestic demand. Global trade disruptions and protectionist measures, coupled with increased Chinese exports, led to excess global supply, impacting Indian producers. Narendran highlighted Tata Steel's focus on value-added products and capacity expansion at its various plants.