In 2025 Steel prices were the lowest in five years in India: Tata Steel MD Narendran

The global steel market is a complex beast, constantly fluctuating with economic shifts, supply-demand dynamics, and geopolitical factors. Recent remarks from Tata Steel MD, T.V. Narendran, have cast a spotlight on the Indian steel sector, revealing some significant trends from 2025.

According to Narendran, 2025 saw steel prices in India hit their lowest point in five years. This revelation certainly caught the attention of industry watchers, as the domestic market navigated through various pressures.

Interestingly, Narendran noted that despite these unprecedented low prices, Tata Steel’s domestic operations in India managed to remain relatively resilient. The impact, while present, did not significantly derail their local business segments, showcasing the underlying strength and perhaps the diversified strategy within the Indian market.

However, the story was quite different for Tata Steel’s European business. Here, the company faced considerable headwinds. Narendran highlighted the significant pressure exerted by duties imposed on steel exports from Europe and the US. These tariffs create a challenging environment for European steel producers, increasing costs and reducing competitiveness in key export markets. This disparity in performance underscores the vastly different regulatory and market landscapes faced by the same company across different continents.

The insights from Tata Steel’s MD provide a crucial look into the diverging fortunes of the steel industry in 2025, with India showing surprising stability amidst price lows, while Europe grappled with external trade barriers. It’s a clear reminder that in the steel world, location and policy truly matter.

Source: Original Article