Iron & Steel

India: Alang’s ship-breaking scrap prices remain firm despite cautious steel demand

July 20, 2026

Higher steel prices support market sentiment Domestic scrap retains cost advantage over imports Ship-breaking melting scrap prices in Alang, Gujarat,...

BigMint’s daily trade sheet – 18 July’26

July 20, 2026

BigMint's Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 4,900/t ($51-52/t) ex-mines. BigMint recorded deals for...

Indonesia: Coal production hits 367 mnt in H1CY’26, exceeding half of annual RKAB target

July 20, 2026

Y-o-y decline remains minimal, with H1CY'25 output at 372 mnt Higher Indonesian coal output may lift global thermal coal supply...

China: Less than 40% of Chinese BF mills remain profitable

July 20, 2026

Only 37.2% of Chinese BF mills remained profitable. Weak demand and poor margins drove production cuts. Less than 40% of...

Global metallurgical coal market weakens as steel demand slows

July 20, 2026

Limited availability of premium Chinese grades offers selective support Ample blending-coal supply limits mills' willingness to pay large quality premiums...

India’s BF-route rebar prices decline as weak demand prompts mills to cut offers further

July 19, 2026

Rising inventories, lower cost support prompt list price cuts, higher trade discounts Buyers defer purchases in hopes of price cuts...

Ferrous scrap export prices decline w-o-w amid weak export demand, cautious mill buying

July 19, 2026

Demand from Asia remains largely weak Cautious Turkish mill procurement limits overall trading activity Ferrous scrap export markets remained under...

India: Stainless steel scrap offers edge up w-o-w on firmer nickel, buyers prefer domestic material

July 19, 2026

Bid-offer disparities, monsoon disruptions keep bookings limited Domestic scrap continues to attract buyers due to competitive prices India's stainless steel...

India: BigMint’s billet index rebounds on stronger buying

July 19, 2026

Positive cues from north India, neighbouring markets help lift prices Finished steel prices strengthen d-o-d, boosting billet demand BigMint's billet...