India’s Galvalume market moved into early July with a clear downward tone as prices softened following a stretch of mixed weekly fluctuations. Trading in the Ex-Faridabad series remained calm through late June and into the first week of July, with most buyers limiting activity to immediate needs rather than forward bookings. While shortages in thinner gauges offered selective support, broader demand from coated flat-steel consumers stayed muted as many buyers continued to hold back. Comfortable inventory levels across service centres and expectations of additional galvanising capacity further capped any meaningful upside. As a result, Galvalume remained rangebound, with sentiment shaped by cautious purchasing and steady supply conditions across the Galvalume market.
India’s Galvalume demand moved unevenly across end-use sectors in June, creating selective pockets of resilience even as overall pricing drifted lower. Infrastructure, automotive and construction activity continued to offer moderate, longer-term support for...
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