Russia’s crude steel output falls to 15-year low as domestic demand slump deepens
Crude steel production falls to 67.8 mnt in 2025, the lowest since 2010 Domestic steel consumption declines 14% in 2025...
Iron & Steel
India: Bids fall by INR 250/t m-o-m in OMC’s iron ore lumps auction
In OMC's auction for 1.14 mnt of iron ore lumps (Fe 60-65%) on 19 Jun'26, around 1.03 mnt (90%) were...
India: Alang ship-breaking scrap prices ease amid cautious buying sentiment
Lack of demand visibility keeps buying activity subdued Stable steel prices provide limited support to scrap sentiment Ship-breaking melting scrap...
BigMint’s daily trade sheet – 19 Jun’26
PELLEX, BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, decreased by INR 400/t to INR 8,900/t ($94/t) DAP. BigMint...
India: Domestic non-coking coal prices stable, participation picks up in recent auctions
BigMint assessed Indian domestic 5,000 GCV non-coking coal stable w-o-w at INR 5,500/t, while 4,500 GCV coal remained unchanged at...
India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market remained stable d-o-d on 13 Jun'26. According to BigMint's assessment, HMS (80:20)...
Nepal rebar prices rise on seasonal stocking, while weak demand caps bulk buying
Nepal's steel market sentiment remained cautiously positive as seasonal stocking pushed rebar prices up by NPR 2,000/t w-o-w to NPR...
India: Around 30,000 t of iron ore sold at NMDC Chhattisgarh auctions
NMDC Chhattisgarh's iron ore auction saw 29,800 t booked on 11 Jun'26. At Bacheli, 17,200 t of DR CLO (10-40...
India: Imported manganese ore prices extend slide w-o-w as ample stocks curb fresh buying …
High-cost March-April cargoes curb fresh buying, pressure imported ore prices Weekly cargo arrivals rise at Indian port Imported manganese ore...
India: Raipur producers cut pellet offers by INR 300/t ($3/t)
Raipur-based pellet producers reduced their offers for Fe 62.5/63% pellets by INR 300/t ($3/t) to INR 9,100-9,200/t ($96-97/t) ex-works. This...
