Iran: Billet prices gain on stronger exports, rebar demand stays weak
Reopening of Strait of Hormuz supports exports Liquidity shortages pressure long steel consumption Iranian domestic billet prices rose by 7,000...
Iron & Steel
India: Economy faces steep inflationary pressures as consumption, industrial activity diverge
OECD expects India's GDP growth to slow to 6.3% in FY27 from 7.6% in FY26 Industrial activity, infrastructure spending, steel...
India: BigMint’s billet index rises as sellers raise offers, demand stays moderate
Higher offers failed to attract strong buying interest. Buyer participation remained selective throughout the session. BigMint's billet index edged up...
India: Sponge iron prices rise by INR 100-350/t amid improved buying activity
Sponge iron market gains on improved buying interest Trade volumes recover amid steady procurement India's sponge iron market witnessed a...
India: Industrial activity remains firm as consumer demand shows signs of moderation
Power demand and merchandise exports reach fresh highs in May, supporting industrial activity Steel, pig iron and raw material imports...
BigMint’s daily trade sheet – 29 Jun’26
India's sponge iron market witnessed a firm uptrend, with prices increasing by INR 100-350/t across most regions. ponge iron trade...
India: Alang’s ship-breaking scrap prices rise amid reports of power curbs
Punjab mills informed of possible power cuts once or twice a week Semis, finished steel prices inch up, supporting scrap...
Japan’s May 300-series stainless steel CR imports decline; Vietnam shipments surge
China and Taiwan shipments decline amid AD investigation Vietnam records highest-ever monthly exports to Japan SteelDaily: Japan's imports of 300-series stainless...
India: Over 50,000 t of iron ore booked at Odisha-based auctions
152,000 t of iron ore offered at auctions from AM/NS, SAIL AM/NS auction fetches weak response, full quantity booked at...
Japan: JFE Steel launches AI-powered scrap inspection system, begins external sales
AI system automatessteel scrap grade inspection, impurity identification Sendai plant begins commercial deployment of new system in Jun'26 Japan Metal Daily/Steel...
