West Asia conflict drives steel price surge impacting Indian MSMEs
pre-market1 source ↓written by the desknot a recommendation
- crude prices
- $108-$119 per barrel
Rising input costs and logistical challenges are pushing steel prices higher, with domestic hot-rolled coil prices up 23% since November 2025. The conflict in West Asia has escalated Brent crude prices to $108-$119 per barrel, increasing operational costs for steelmakers. Smaller companies are particularly burdened as they struggle to compete with larger players amid these pressures.
Not investment advice. For informational purposes only.