Launch of electrical steel, cold-rolled grain oriented, CFR India price assessment: pricing notice

Fastmarkets launched a price assessment for electrical steel, cold-rolled grain oriented, CFR India on Friday October 3, 2025.

India is a major consumer of cold-rolled grain oriented (CRGO) electrical steel and largely depends on imports. It produces 40,000 tonnes of CRGO electrical steel per year and imports close to 400,000 tonnes a year.

This price launch expands the coverage of electrical steel and complements existing Fastmarkets’ electrical steel product offerings.

The specifications are as follows:

MB-STE-0941 Electrical steel, cold-rolled grain oriented, cfr India, $/tonne
Quality: 23 HP85d (900-1000 mm) as per IS 3024
Quantity: Minimum 10 tonnes
Location: CFR Indian ports
Timing: Spot
Unit: USD/tonne
Publication: Fortnightly, Friday 4-6pm Shanghai time

This price is part of the Fastmarkets Steel Package.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact pricing@fastmarkets.com and steel@fastmarkets.com. Please add the subject heading “re: Electrical steel, cold-rolled grain oriented, cfr India prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.