Baltic dry index hits over 1-month low on weak demand, rising tonnage
The Baltic dry bulk index fell by 2.3% (48 points) d-o-d to a one-month low of 2,023 on 19 Dec....
Iron & Steel
Bangladesh: Scrap prices remain flat w-o-w as steel market sentiment remains weak, buying limited
Mills focusing on need-based deals amid liquidity squeeze Prices likely to remain capped till projects restart after elections Bangladesh's imported...
India: MOIL’s manganese ore production up 1%, sales rise 3% in Nov
MOIL registered a modest 1% y-o-y increase in manganese ore production in Nov'25, reaching 0.165 mnt, while sales rose to...
India: Melting scrap prices in Alang rise 1%
Ship-breaking melting scrap prices in Gujarat's Alang rose by 1% (INR 300/t) d-o-d on 4 Dec, as per BigMint's assessment....
India: Around 240,000 t booked in NMDC Karnataka’s iron ore auctions
NMDC Karnataka's auctions on 2 and 3 Dec recorded bookings of 240,000 t iron ore. Lumps fetched premiums of up...
Baltic dry bulk index continues its strong run on Capesize rally
The Baltic dry bulk index recorded its strongest daily surge since Oct'13, jumping 9.4% (245 points) d-o-d to 2,845 on...
India remains net steel importer despite shipments dropping 15% y-o-y in Jan-Oct’25
Steel imports reach around 8 mnt in 10MCY'25 Exports remain flat y-o-y at around 6.9 mnt Lifting of QCOs on...
Stainless steel scrap prices fall on weak demand, rising NPI usage, semi-final
• Weak buying sentiment puts pressure on scrap prices • LME nickel prices edge down, stocks still rise Stainless steel...
