India’s crude steel output hits record high in Jan’26 even as downstream growth concerns persist
Manufacturing PMI rises but business confidence slips to 3-year low IIP slows even as construction goods output climbs to 2-year...
Iron & Steel
India: Shyam Metalics’ stainless steel sales decline y-o-y in Feb’26
Shyam Metalics and Energy reported a 3% y-o-y decline in stainless steel sales volumes to 8,286 t in Feb'26, compared...
Japan: Nippon Steel to raise stainless steel prices by 15% from May’26
Nippon Steel has announced a 15% price increase for stainless steel products for May shipments, citing rising raw material and...
India: 340,000 t iron ore booked in Karnataka auctions on 7 Mar’26
NMDC Donimalai: 48,000 t fines (Fe 56%) booked at base price of INR 2,203/t. NMDC Kumaraswamy: 160,000 t of fines (Fe 58.3-62.26%)...
‘Two Sessions’: China’s 2026 policy roadmap reshapes stainless steel demand
High-end industries to drive specialty stainless demand Infrastructure, green transition boost stainless consumption Mysteel Global: China's 2026 government work report, unveiled...
India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 7 Mar'26. According to BigMint's assessment, HMS (80:20) prices...
BigMint’s India steel index rises sharply w-o-w as US-Iran war uncertainty grips domestic steel market
Primary steel producers raise BF rebar prices by $5-11/t BigMint's benchmark HRC prices rise by INR 800/t ($9) Narrowing spread...
India: Iron ore concentrate prices remain steady on 7 Mar’26
Indian Fe 62% iron ore concentrate prices held firm at INR 5,300/t ($59/t) exw-Jabalpur on 7 Mar'26, unchanged from 3...
India: Mill scale prices remain supported at key markets
Mill scale prices remained steady in Kandla, while Raipur edged up against 03 Mar'26. Kandla: Prices remained unchanged at INR 8,400/t...
China: Iron ore spot prices jump by over $1/dmt d-o-d
Iron ore fines (Fe 61%) spot prices increased by $1.3/dmt d-o-d to $102.65/dmt d-o-d CFR China on 6 Mar'26. Seaborne...
