Baltic Dry Index hits 2-month high on Iran tensions
The Baltic Dry Index increased by 2.2% (47 points) d-o-d to 2,187 on 2 Mar'26, standing at 2-month high as...
Iron & Steel
South Korea: POSCO raises March stainless steel prices on higher alloy costs
Global uptrend and FX pressure drive revision: Strong dollar pressures imported alloy costs: POSCO has increased stainless steel shipment prices...
India: Raipur pellet offers rise by INR 200/t ($2/t)
Raipur-based pellet producers hiked their offers for 62.5/63% (+/-0.5%) material by INR 200/t ($2/t) to INR 10,600-10,700/t ($115-116/t) exw recently....
Taiwan: Yusco, Tang Eng lift March stainless steel prices for fourth straight month
Nickel-led cost push drives synchronized hike Distributors cautious amid rising inventory burden Taiwan's leading stainless steel producers, Yusco and Tang...
India: Stainless steel scrap imports fall 20% m-o-m in Jan’26 as mills pivot to domestic scrap and semis
Higher slab inflows from Indonesia reshape raw material mix Domestic scrap undercuts imported material by INR 7,000-8,000/t Domestic stainless steel...
How will global trade uncertainties, price volatility affect Indian ferro chrome industry in CY’26?
Tight margins, shrinking exports impact ferro chrome production in CY'25 CBAM threatens sustained access to the high-profit EU market With...
Nepal rebar market weakens as prices fall on slow demand, election uncertainty
Nepals rebar market weakened this week, with prices falling by NPR 500/t ($3)w-o-w to NPR 75,500-77,500/t ($517-531) for cash guarantee...
India: Iron ore concentrate prices remain stable
Indian Fe 62% iron ore concentrate prices remained stable at INR 5,300/t ($59/t) exw-Jabalpur on 28 Feb'26 compared to 25...
India: Mill scale prices show strength in key regions
Mill scale prices rose in Kandla while remaining steady in Raipur on 28 Feb'26. Kandla: Prices increased by INR 50/t to...
Global stainless steel meltshop production rises 3% y-o-y in CY’25
Global stainless steel meltshop production rose by 3% y-o-y to 64.33 mnt in CY'25, according to the World Stainless Association....
