India: Jindal Stainless launches stainless steel rebars in retail segment
Retail push to expand stainless applications Focus on durability and lifecycle value Jindal Stainless Limited has launched its stainless steel...
Iron & Steel
China records stronger-than-expected industrial growth in Jan-Mar’26 but steel production lags
Crude steel output falls 5% y-o-y on weak demand, pollution curbs Steel exports decline 10% as new licensing system takes...
Global coking coal trade remains constrained in CY’25 as Asian demand softens – BigMint data
Global trade volumes show negligible growth y-o-y Trade flows redistribute across suppliers, driven by cost competitiveness Price pressure persists as...
India: Bids decline by INR 300/t ($3/t) m-o-m in OMC’s iron ore fines auction for Apr’26
In OMC's iron ore fines auction for 1.972 mnt (Fe 51-62%) on 18 Apr'26, 1.575 mnt (79%) was booked at...
India: Bids edge down m-o-m at OMCs chrome ore auction
At OMC's chrome ore auction today, 70,900 t was sold out of 124,400 t offered. Bids moved down m-o-m for...
India: Bids surge by INR 250/t m-o-m in OMC’s iron ore lumps auction
In OMC's auction for 1.44 mnt of iron ore lumps (Fe 60-65%) on 18 Apr'26, 1.23 mnt (85%) were booked...
China: Iron ore spot prices edge down d-o-d
Iron ore fines (Fe 61%) spot prices dropped by $0.45/dmt d-o-d to $107.0/dmt CFR China on 17 Apr'26. Prices softened...
Baltic Dry Index gains d-o-d amid firm Capesize momentum
The Baltic Dry Index gained 1.7% (44 points) d-o-d to 2,567 on 17 Apr'26, supported by firm Capesize momentum amid...
India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 18 Apr'26. According to BigMint's assessment, HMS (80:20) prices...
US scrap exports fall to lowest level in two decades in 2025 on rising domestic consumption
Better mill utilisation, higher crude steel output boost scrap demand Turkiye remains top destination; Mexico imports drop 45% Net scrap...
