EU releases country-specific steel quotas; lower HRC allocation to weigh on Indian exports
Quotas allocated for 18.3 mnt of imports Total HRC quota a little over 5 mnt The European Commission has published...
Iron & Steel
China’s steel exports shift towards emerging markets as developed economies tighten trade barriers
China's steel exports decline 8% y-o-y to 44.6 mnt in January-May Southeast Asia, MENA region account for nearly 60% of...
India: Alang melting scrap prices stable following improved trading amid news of Punjab power cuts
Scrap buyers remain cautious amid subdued steel trade Semis, finished steel prices decline despite supply concerns Ship-breaking melting scrap prices...
India: MOIL cuts manganese ore prices across key grades for Jul’26
Inventory overhang curbs fresh procurement across markets Global pricing softens amid cautious purchasing activity State-owned MOIL Limited has revised its...
India: CIL coal dispatches rise nearly 4% y-o-y in Q1 FY’27 despite drop in production
June dispatches outpace flat production Q1 output falls; demand stays resilient Coal India Limited (CIL) reported largely stable coal production...
Indonesia’s thermal coal benchmarks strengthen on supply constraints, export uncertainty
Restricted availability boosts high-CV coal prices Firm utility demand supports mid- and low-CV prices Indonesia's Harga Batubara Acuan (HBA) thermal...
India: ECL’s June 24 coal auction records subdued buying; G4 premium eases from previous sale
G4 remains the most competitive grade despite lower premium Lower-grade coal continues to clear at notified prices Eastern Coalfields Ltd....
South Asia: Imported scrap buying remains cautious; Turkish mills seek lower prices amid weak rebar demand
Indian buying stays subdued amid poor import viability Pakistan, Bangladesh remain muted post Muhurram holidays South Asian imported ferrous scrap...
Indian DRI, billet, rebar update – 29 Jun
Prices increase amid moderate bookings Hikes unlikely to sustain if buying slows India's induction furnace (IF) steel prices increased d-o-d...
India: BigMint’s ferrous scrap index rises INR 300/t d-o-d amid moderate steel demand
Power outage concerns support steel prices Semi,finished steel prices jumps INR 600/t d-o-d BigMint's domestic end-cutting scrap index, tracking the...
