Q1 2025
In Q1 2025, the price of MS Angle in India experienced a modest increase of $641.23 per metric ton, Ex- Mumbai reflecting a 0.42% rise compared to the previous quarter. This uptick suggests a stable demand environment, potentially driven by ongoing infrastructure projects and steady consumption in the construction and manufacturing sectors. The slight increase also indicates relative market equilibrium, where supply has been able to keep pace with demand without significant volatility. However, the narrow margin of growth points to cautious sentiment among buyers, possibly influenced by macroeconomic factors such as interest rates, raw material costs, and global steel market trends.
Q4 2024
In Q4 2024, the Indian MS (Mild Steel) Angle market witnessed a price decrease of $638.52 per metric ton, Ex- Mumbai reflecting a 1.10% decline from the previous quarter. This downward trend may be attributed to factors such as softened demand in the construction and infrastructure sectors, improved domestic supply, or global market corrections in steel prices. Despite the modest percentage change, the price drop signifies potential easing of input costs for downstream industries. Market participants might interpret this as a short-term correction, though close monitoring of demand recovery and raw material costs will be key to anticipating future pricing trends.
Q3 2024
In Q3 2024, the Indian MS Angle market experienced a notable price correction, with rates declining by $645.61 per metric ton, Ex- Mumbai representing a 6.61% drop. This price movement reflects softening demand across key infrastructure and construction sectors, possibly influenced by delayed government projects or tightening liquidity in the market. Additionally, global steel prices showed volatility due to fluctuating raw material costs and geopolitical uncertainties, which may have contributed to the downward trend.
Q2 2024
In Q2 2024, the MS Angle market in India experienced a modest yet notable price increase of $691.3 per metric ton, Ex- Mumbai reflecting a 1.94% rise. This uptick suggests a stable demand environment supported by ongoing infrastructure and construction activities, which typically drive consumption of structural steel like MS Angles. The increase may also be attributed to firming input costs, particularly in raw materials such as iron ore and coal, along with improved market sentiment and potential supply-side constraints. Overall, the price movement signals a cautiously optimistic outlook for the sector, underpinned by resilient end-user demand and supportive economic activity.
Q1 2024
In Q1 2024, the Indian market for MS (Mild Steel) Angle experienced a notable decline, with prices dropping by $678.17 per metric ton, Ex- Mumbai reflecting a 4.95% decrease from the previous quarter. This downturn can be attributed to a combination of factors, including subdued demand in the construction and infrastructure sectors, excess supply in the domestic market, and potential corrections following high price levels in 2023. Additionally, global steel price trends and raw material cost fluctuations may have influenced domestic pricing. This decrease suggests a cautious market sentiment and highlights the need for stakeholders to monitor demand recovery and policy-driven infrastructure activity in the upcoming quarters.
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Molecular Weight[g/mol]
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Molecular Formula
MS Angle (Mild Steel Angle) is a versatile structural steel product characterized by its L-shaped cross-section. It is widely used in construction, fabrication, and industrial applications for providing strong support, framing, and reinforcement. MS Angle offers excellent durability, good weldability, and high load-bearing capacity, making it ideal for building frameworks, machinery, trailers, racks, and various structural components. Its strength and versatility make it a staple material in both commercial and residential projects.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Property | Specification |
Material Grade | IS 2062 E250 / E350 or equivalent (as per national/international standards) |
Shape | L-shaped (Equal or Unequal Angles) |
Size Range | 25 mm × 25 mm to 200 mm × 200 mm (customizable) |
Thickness | 3 mm to 20 mm |
Length | 6 meters (standard); customizable on request |
Tensile Strength | 410 – 540 MPa |
Yield Strength | ≥ 250 MPa (for E250 grade) |
Applications
Raw Material Costs – MS angles are primarily made from mild steel or carbon steel. Changes in the cost of steel billets, scrap steel, or other raw materials directly impact the price of MS angles.
Supply and Demand – Demand from construction, infrastructure projects, manufacturing, and fabrication industries can increase prices, while excess supply or reduced demand can push prices down.
Manufacturing Costs – Costs related to labor, electricity, fuel, machinery maintenance, and technology affect the production expenses and ultimately the MS angle prices.
Global Trade Policies & Tariffs – Import duties, export restrictions, and tariffs on steel products influence the cost of MS angles in international and domestic markets.
Market Competition – The number of producers, market share, and pricing strategies adopted by manufacturers and suppliers affect competitive pricing.
Exchange Rates – Currency fluctuations impact the cost of imported raw materials and export competitiveness, influencing MS angle prices in different countries.
Transportation and Logistics Costs – Costs related to shipping, freight, and delivery can affect the final price of MS angles, especially for distant or international markets.
Government Regulations and Environmental Policies – Compliance with safety, environmental standards, and taxation policies can add to production costs, influencing prices.
The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect MS Angle production costs and pricing.
MS Angle prices tend to increase with inflation, mainly because of higher raw material and manufacturing costs. However, consistent demand from the construction and infrastructure sectors supports stable pricing trends even during economic uncertainties.
PriceWatch offers a range of tools and services to track commodity prices effectively:
Real-Time Data: Access market intelligence and data on global MS Angle supply chains.
Expert Analysis: Insights on market trends and potential risks.
Risk Assessment: Tools to evaluate supply chain vulnerabilities.
Benchmarking: Compare MS Angle prices and sourcing practices.
Supplier Intelligence: Information on supplier reliability and financial health.
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