India: Melting scrap prices remain firm d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 May'26. According to BigMint's assessment, HMS (80:20) prices...
Iron & Steel
Nepal rebar, wire rod prices decline amid weak demand
Nepals rebar prices declined w-o-w by NPR 3,000/t ($33), with cash deal prices at NPR 81,000-83,000/t ($513-547/t). Bank guarantee transaction...
China coal and lignite imports drop 15% m-o-m in Apr’26 as buyers turn cautious
China's total coal & lignite imports declined to 33.1 million tonnes (mnt) in April 2026, marking a 12.5% y-o-y decrease...
India: Around 80,000 t iron ore booked at NMDC Chhattisgarh auctions
NMDC CG auctions fetch response for 81,400 t iron ore on 8 May. Bacheli : 21,500 t (10-40 mm, Fe 67%)...
India’s crude steel capacity rises 10% y-o-y in FY’26, on track to reach nearly 300 mnt by FY’30
FY'26 expansions concentrated in IF-based route; Odisha leads growth IF share to fall to 34% by FY'30 as BOF-based production...
India: Melting scrap prices fall by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market decreased by INR 200/t d-o-d on 9 May'26. According to BigMint's assessment,...
Baltic Dry Index drop d-o-d amid correction in Capesize segment
The Baltic Dry Index dropped by 2% (56 points) d-o-d to 2,978 on 8 May'26, primarily due to a correction...
Global crude steel output dips in Jan-Mar’26; Vietnam displaces Iran as 10th largest producer
Chinese production falls 5%, ex-China output up by 1% Middle East output plunges 34% amid US-Iran conflict India leads growth...
Nepal: Rebar prices weaken amid sluggish demand
Nepals rebar prices fell by NPR 3,000/t ($19/t) w-o-w to NPR 86,000-88,000/t ($566-579/t) for cash deals, while bank guarantee transactions...
India: Iron ore concentrate prices remain steady on muted demand
Indian Fe 62% iron ore concentrate prices remained unchanged at INR 5,250/t ($56/t) ex-works Jabalpur on 2 May'26 compared to...
