BigMint’s UAE scrap index drops over $20/t w-o-w as strong buying momentum stalls
Construction activity stable, material flows unaffected Recent bulk deals cover mills' short-term scrap needs BigMint's index for the UAE's domestic...
Iron & Steel
India: Jindal Steel bags another iron ore block in Odisha’s auction
Jindal Steel Ltd has emerged as the highest bidder for the Rengalaberha North-East Extension and Nuagan west iron ore mine...
India: Mill scale prices remain stable across key markets
Indian mill scale prices remained largely stable. Kandla: Prices held steady at INR 8,400/t DAP on 11 Mar'26 against 7 Mar,...
India’s iron ore, pellet exports hit 4-month low in Feb’26 as Chinese demand softens
China completes pre-Lunar New Year restocking by early Feb Iron ore export realisations weaken as prices hit 8-month low Rising...
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 12 Mar'26. HMS (80:20) prices were assessed at INR...
BigMint’s daily trade sheet – 11 Mar’26
BigMint's latest bi-weekly assessment, Fe 62% iron ore concentrate prices were assessed at INR 5,300/t ($58/t) ex-works. BigMint's billet index...
India: NMDC to auction around 340,000 t iron ore from Chhattisgarh
NMDC is set to auction 337,450 t of iron ore from Chhattisgarh on 14-16 Mar'26. Kirandul mines : 270,000 t (Fe...
India prioritises gas supply as Middle East tensions ripple through metals markets – A 360-degree view
India prioritises gas supply for essential sectors, raising risks for gas-based steel production Rising bunker fuel prices, shipping disruptions continue...
India: SAIL records best-ever sales during Apr-Feb FY’26, restarts chequered plate production
Steel Authority of India Limited (SAIL) recorded a 14% y-o-y increase in sales to 18.24 mnt during Apr-Feb FY'26, its...
Baltic Dry Index rises on strong Capesize gains
The Baltic Dry Index gained 2.8% (56 points) to 2,066 on 9 Mar'26 against 6 Mar, driven by a sharp...
