China: Billet prices remain stable, cautious sentiment pulls rebar futures down
Chinese billet prices remained stable d-o-d at RMB 2,970/t ($426/t) on 13 Jan'26, while SHFE rebar futures declined by RMB...
Iron & Steel
Carbon markets expand worldwide but will they deliver meaningful emission reductions?
Countries implement around 80 carbon pricing instruments globally CBAM, border carbon taxes triggering ETS adoption in key economies Minus an...
India: NMDC to auction over 190,000 t of iron ore from Chhattisgarh
NMDC Chhattisgarh will auction 193,700 t of iron ore on 16 Jan'26. The auctions will be from: Bacheli mines : 4,000...
BigMint’s daily trade sheet – 13 Jan’26
BigMint's bi-weekly domestic pellet (Fe63%) index for Raipur, fell by INR 50/t to INR 9,650/t ($107/t) DAP. Sponge iron prices...
India’s steel sector weathers global uncertainty on domestic macro strength
Crude steel output rises 10.7% y-o-y in Nov 25 to 13.71 mnt Steel production remains above 13.5 mnt/month in late...
BigMint’s daily trade sheet – 12 Jan’26
BigMints billet index edged lower by INR 200/tonne (t) d-o-d to INR 39,500/t exw-Raipur. The PDRI-to-billet spread for standalone induction...
India: Melting scrap prices decrease by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market decreased by INR 200/t d-o-d on 13 Jan'26. According to BigMint's assessment,...
Baltic dry index falls 1.7% on softer Capesize demand
The Baltic dry index fell by 1.7% (29 points) to 1,659 on 12 Jan'26 against 9 Jan. It declined largely...
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 12 Jan'26. According to BigMint's assessment, HMS (80:20) prices...
BigMint’s daily trade sheet – 10 Jan’26
BigMint's Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,800/t ($64/t) ex-mines. BigMint recorded deals for...
