India’s ferrous scrap imports decline to 5-year low in H1CY’26 amid elevated costs, improved domestic supply
Imports halve in H1CY'26 amid weaker rupee, high freights Average imported-domestic scrap price gap widens to $38/t from $12/t Mills...
Iron & Steel
China’s steel exports may drop to 110-115 mnt in CY’26 as trade barriers tighten – BigMint analysis
Higher freights, stronger currency, loss of VAT rebates erode pricing advantage Semi-finished steel, manufactured goods emerge as new channels for...
India: CIL records lower production and dispatches m-o-m in July on seasonal disruption
July production rises 8.4% y-o-y but decline 12% m-o-m on monsoon disruptions July dispatches gain 17% y-o-y but slip 3%...
India: NMDC’s iron ore output falls over 20% m-o-m in July; Apr-Jul production surges y-o-y
NMDC targets 60 mnt iron ore production in FY'27 Monsoon impacts production State-owned miner NMDC's provisional iron ore production declined...
India: HRC prices remain rangebound w-o-w; firm mill pricing limits downside
Market sees balanced supply-demand, not significant oversupply Premium coking coal prices drop, to support steel mill margins India's hot-rolled coil...
India: Alang’s ship-breaking scrap prices hold steady despite softer steel market
Tight scrap availability supports Alang prices Bhavnagar billet prices decline by INR 600/t Ship-breaking melting scrap prices in Alang, Gujarat,...
BigMint’s daily trade sheet – 29 July’26
According to BigMint's latest bi-weekly assessment, Fe 62% iron ore concentrate was assessed at INR 4,550/t ($48/t) ex-works, edging up...
China: Iron ore fines prices rise slightly d-o-d on expectations of higher hot metal output
Expectations of higher consumption support prices Softer portside market reflects cautious buying Iron ore fines (Fe 61%) spot prices inched...
India’s steel imports stable y-o-y in Jan-Jun’26 despite safeguard duty as flats shipments rise under re-export scheme
Total steel imports drop just 3% y-o-y in H1CY'26 to 4.24 mnt from 4.38 mnt in H1CY'25 Imports of semis,...
China: Ferro silicon prices hold firm despite tepid downstream buying
Weak downstream procurement limits ferrosilicon trading activity Supply-side maintenance underpins market price stability China's ferro silicon market remained stable w-o-w,...
