Q1 2025
In Q1 2025, MS Channel India experienced a notable price increase of $631.23 per metric ton, Ex-Mumbai representing a modest rise of 0.53%. This incremental price adjustment reflects a steady demand environment coupled with underlying cost pressures, possibly from raw material and logistics expenses. Despite the relatively small percentage increase, the absolute value indicates an effort by suppliers to maintain margins amid fluctuating market dynamics. The market remains competitive, with buyers cautiously adapting to the upward pricing trend while balancing inventory and procurement strategies to optimize costs. Overall, the price movement suggests a stable but cautiously optimistic outlook for MS Channel in India during the quarter.
Q4 2024
In Q4 2024, the MS Channel market in India experienced a modest price decline, with prices dropping by $627.89 per metric ton, Ex-Mumbai representing a 1.13% decrease compared to the previous quarter. This slight downward adjustment suggests a period of mild market correction possibly driven by factors such as easing raw material costs, changes in demand dynamics, or increased supply in the domestic steel sector. Despite the price drop, the relatively small percentage change indicates stable market conditions without significant volatility, reflecting a balanced interplay between supply and demand within the Indian MS Channel industry during this period.
Q3 2024
In Q3 2024, the MS (Mild Steel) Channel market in India witnessed a notable price decline of $635.05 per metric ton, Ex-Mumbai reflecting a 6.78% decrease compared to the previous quarter. This downward trend can be attributed to several factors, including softened demand from the construction and infrastructure sectors, reduced input costs, particularly in raw materials like iron ore and coal and a marginal improvement in global supply chain conditions. Additionally, increased domestic production capacity may have contributed to oversupply, exerting further pressure on prices. This decline signals a cautious market sentiment and suggests that buyers may be delaying purchases in anticipation of further price corrections.
Q2 2024
In Q2 2024, the price of Mild Steel (MS) Channels in India experienced a notable increase of $681.21 per metric ton, Ex-Mumbai reflecting a 1.96% rise. This uptick was primarily driven by supply constraints, including a 45-day maintenance shutdown at SAIL’s IISCO plant, which significantly impacted production capacity. Additionally, the reopening of RINL helped alleviate some supply issues, although challenges persisted, particularly with round bars. The secondary market also saw price increases due to inventory shortages and shifting supply-demand dynamics. Despite these challenges, the primary market remained relatively stable, with price hikes from SAIL and RINL offsetting the effects of reduced supply. This price adjustment underscores the ongoing volatility in the steel sector, influenced by both domestic production issues and broader market forces.
Q1 2024
In Q1 2024, the MS (Mild Steel) Channel market in India experienced a notable price decline, with prices dropping by $668.14 per metric ton, Ex-Mumbai representing a 4.93% decrease from the previous quarter. This downward trend can be attributed to multiple factors, including subdued demand in the infrastructure and construction sectors, easing raw material costs, and increased inventory levels among distributors. Additionally, global market fluctuations and reduced export orders may have contributed to the price pressure. This price correction reflects a market adjustment phase, potentially setting the stage for stabilized rates in the coming quarters depending on demand recovery and raw material trends.
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Molecular Weight[g/mol]
CAS No
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Molecular Formula
MS Channel (Mild Steel Channel) is a robust structural steel product featuring a C-shaped cross-section. It is extensively utilized in construction, manufacturing, and industrial sectors for framing, support, and reinforcement purposes. MS Channel provides excellent strength, high load-bearing capacity, and good weldability, making it suitable for building frameworks, bridges, machinery, vehicles, and shelving systems. Its durability and versatility make it an essential material for a wide range of commercial and residential structural applications.
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 / ASTM A36 / EN 10025 S275JR (varies by region) |
Shape | U-shaped / C-shaped channel |
Dimensions | sizes: 100×50 mm |
Thickness | 4 mm to 10 mm (varies by size and application) |
Length | 6 meters or 12 meters (standard) |
Density | ~7.85 g/cm³ |
Tensile Strength | 410–540 MPa |
Yield Strength | Minimum 250 MPa (E250 grade) |
Applications
Raw Material Costs – MS channels are made mainly from mild steel or carbon steel. Fluctuations in the prices of steel billets, scrap steel, or other raw materials directly affect the cost of MS channels.
Supply and Demand – High demand from sectors like construction, infrastructure, industrial fabrication, and manufacturing can drive prices up, while oversupply or low demand tends to lower prices.
Manufacturing Costs – Expenses related to labor, energy (electricity, fuel), machinery upkeep, and technological upgrades impact production costs, which influence MS channel pricing.
Global Trade Policies & Tariffs – Import/export duties, tariffs, and trade restrictions on steel products affect MS channel prices in both domestic and international markets.
Market Competition – The number of manufacturers and suppliers, their market shares, and competitive pricing strategies shape the pricing dynamics of MS channels.
Exchange Rates – Currency value changes impact the cost of imported raw materials and export potential, affecting MS channel prices globally.
Transportation and Logistics Costs – Freight, shipping, and delivery charges, especially for long-distance or international shipping, contribute to the final cost of MS channels.
Government Regulations and Environmental Policies – Compliance costs with safety regulations, environmental standards, and taxation policies can add to production expenses, thereby influencing prices.
The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect MS Channel production costs and pricing.
MS Channel prices generally rise with inflation due to increasing costs of raw materials like steel and higher manufacturing expenses. Despite this, steady demand from industries such as construction, infrastructure, and manufacturing helps maintain relatively stable price trends, even during periods of economic volatility.
PriceWatch offers a range of tools and services to track commodity prices effectively:
Real-Time Data: Access market intelligence and data on global MS Channel supply chains.
Expert Analysis: Insights into market trends and potential risks.
Risk Assessment: Tools to evaluate supply chain vulnerabilities.
Benchmarking: Compare MS Channel prices and sourcing practices.
Supplier Intelligence: Information on supplier reliability and financial health.
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