Global Demand and Supply: The demand for steel products, driven by economic growth, infrastructure development, and industrial activity, significantly impacts Tata Steel prices. Fluctuations in global demand, particularly from major steel-consuming nations such as China, India, and the US, can affect steel prices worldwide. Raw Material Costs: The prices of key raw materials utilized in steel production, such as iron ore, coal, and scrap metal, play a crucial role in determining Tata Steel prices. Fluctuations in raw material prices, influenced by factors such as mining regulations, supply disruptions, and market speculation, can impact the profitability of steel manufacturers and lead to price adjustments. Currency Fluctuations: Tata Steel operates in various nations and engages in international trade, exposing it to currency exchange rate fluctuations. Changes in exchange rates relative to the Indian rupee, the currency of Tata Steel’s headquarters, can affect the seriousness of Tata Steel products in global markets and influence pricing decisions.