Indian dolomite prices gained 2.1% in November, as higher transport costs on the back of strong demand for diesel supported increases, coupled with stable quarry operations. Healthy demand from the steel, construction, and cement industries absorbed supply, while measured restocking contributed to upward price momentum.
In India, Dolomite prices were up 2.1% in November 2025 on the back of stable quarrying activities and persistent logistics issues coupled with strong downstream demand. This price hike represents a mix of pressures on the cost side and continued consumption in the steel, construction, and related industries.
Supply conditions for Dolomite remained steady, with domestic mining activities continuing at stable rates. However, output growth was limited as several producers operated cautiously due to rising transportation costs and regulatory compliance expenses. Higher diesel prices during the month and constrained truck availability increased mine-to-market costs, encouraging suppliers to hold firmer price positions. Diesel consumption rose 12% month on month in November and 4.7% year on year to its highest level since May 2025 on the back of recent GST rate cuts, stronger industrial demand, and continued movement of goods, thus causing firmer transportation costs.
Imports of Dolomite from Oman and regional sources continued, but tonnages remained flat without showing an upward trend, and this kept overall supply in balance. Some dolomite producers concentrated their efforts on contracted sales to consumers of steel and cement, which reduced the liquidity of the spot market. All of the above factors are combined to restrain oversupply, and price volatility went down.
On the demand side, dolomite consumption was strong in November, with the steel and construction sectors driving it. Producers of steel maintained healthy production schedules to meet demand for infrastructure and manufacturing, which kept the offtake of dolomite steady for flux and refractory applications. India also turned a net exporter of finished steel in October, with shipments at 0.6 million metric tons, up 44.7% from a year earlier, provisional government data showed. Crude steel production in October stood at 14.02 million metric tons, up 9.4% year on year, underlining the buoyancy in the sector.
The construction and cement industries also continued to buy steadily on the back of sustained infrastructure projects and urban development activities. Additional support from ceramics and glass production areas, in particular processed and finer grades of dolomite. But restocking was cautious rather than frantic as many buyers were covered with inventories. Substantial downstream consumption was sufficient to consume supply and strengthen the price by 2.1 % during the month under review even though not very high.
The dolomite market in India displayed balanced supply, firm cost and resilient demand in the month of November. As a result, Dolomite prices are increasing further on an uptrend into late 2025.
