Market Analysis
Apr 20, 2026 · 8 min read
India Steel Holds Firm as Metals Rally on Hormuz Shock: Weekly Market Report (April 13–18, 2026)
India's steel market held firm in the week of April 13–18, 2026, backed by tight mill inventories and strong infrastructure demand — even as pockets of secondary-market weakness appeared in select cities. Meanwhile, non-ferrous metals extended gains and crude oil swung wildly on Strait of Hormuz developments. Here's what actually moved, why it moved, and what buyers and traders should do next.
