India: Major stainless steel producer cuts coil prices as weak demand, lower nickel costs weigh on market
304 HR and CR coil prices reduced by INR 5,000/t BIS relaxation expected to support stainless steel imports A leading...
Iron & Steel
India: BigMint’s coking coal index eases w-o-w amidst limited trade activities
Australia-India vessel freights rangebound w-o-w Indian met coke market turns cautious amid lack of clarity on extension of anti-dumping duty...
Weekly round-up: Indian steel markets face demand pressure amid monsoon-driven slowdown
Monsoon disruptions and cautious buying continued to weigh on steel demand. Raw material trends remained mixed, while project activity supported...
India: ERW patra pipe prices show mixed trends w-o-w across key regions
Need-based buying kept Raipur prices under downward pressure Power cut-led supply disruptions kept Mandi prices elevated ERW patra pipe prices...
Global ferrous scrap market remains under pressure; Turkiye extends price decline
Turkiye: Weak rebar demand drags scrap market UAE: Processed scrap prices decline amid export restrictions Global ferrous scrap markets remained...
India: CIL subsidiaries to auction over 1 mnt of non-coking coal next week
Ukani Cost Plus dominates auction volumes WCL contributes over 90% supply Coal India Ltd's (CIL) subsidiaries, Western Coalfields Ltd (WCL)...
Weekly round-up: Indian ferro alloys market remains under pressure amid slow trade, limited inquiries
Manganese alloys edge lower on need-based purchases Ferro silicon drops as demand remains under pressure Indian ferro alloys prices either...
India IF-route rebar prices decline on slow demand, softer raw materials
Softer raw material prices weigh on IF-route rebar Monsoon-led slowdown, need-based buying to keep prices range-bound India's Induction furnace route...
Global: Billet export prices fall w-o-w amid cautious buying, weaker scrap markets
UAE buyers cautious over billet certification concerns Iranian export offers decline as buyers resist prices Global billet markets remained under...
China weekly: Steel prices extend decline amid seasonal demand slowdown
Australian PHCC holds firm despite subdued spot buying. Shagang steel maintains long steel prices unchanged for early July. China's steel...
