India: Bids increase by INR 250/t in NMDC’s latest pig iron auction
NMDC Nagarnar Steel Plant held an auction on 17 Jan'26 for 5,000 t of steel-grade pig iron, with the entire...
Iron & Steel
Key takeaways from 7th India International DRI & Steel Summit 2026
Iron ore, scrap availability will remain key challenge for industry Incremental decarbonisation measures needed for gradual transition The 7th India...
BigMint’s India steel index climbs w-o-w as primary mills raise rebar prices
Primary mills hike TMT prices by up to INR 2,500/t HRC trade prices inch up slightly amid declining inventory Secondary...
India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained unchanged d-o-d on 19 Jan'26. According to BigMint's assessment, HMS (80:20) prices...
India’s non-coking coal imports fall by 6% y-o-y in CY’25. Know why?
Coal imports decrease by over 10 mnt y-o-y CY'25 coal-fired power generation drops for 2nd time in 50 years Non-fossil...
India: Over 35,000 t of iron ore booked at NMDC Chhattisgarh’s auctions
At NMDC Chhattisgarh'siron ore auctions on 16 Jan'26, 36,100 t were booked. Bacheli mines: 4,000-tlumps (10-20 mm, Fe 65.5%) booked at...
China: Iron ore prices edge down by $1/dmt d-o-d
Iron ore fines (Fe 61%) spot prices dipped by $0.55/t to $106.15/dmt CFR China on 16 Jan d-o-d. Trade activity...
India: Mill scale prices rise by INR 100/t ($1/t) in Kandla on active trades
Mill scale prices increased in Kandla, while they remained stable in Raipur on 17 Jan'26. Kandla: Prices rose INR 100/t to...
Nepal: Rebar prices rose by NPR 1,500/t ($10) w-o-w
Nepals rebar prices rose by NPR 1,500/t ($1/t) w-o-w to NPR 75,000-77,000/t ($516-530/t) for cash guarantee sales and NPR 77,000-79,000/t...
Weekly Round-Up: Asian, Russian billet offers edge higher; Iran market sidelined by political unrest
Futures strengthen; spot billet demand remains weak in China Scrap-led support lifts Turkish billet imports marginally Global billet prices firmed...
