China: Iron ore spot prices edge up despite thin trading
Outlook remains cautious despite favourable prices Limited port inventories lend mild support to prices Iron ore fines (Fe 61%) spot...
Iron & Steel
Indonesia’s RKAB approvals, mills’ production cuts emerge as key drivers for China’s stainless steel market in Jul’26
Nickel falls 10% in Jun'26 amid reports of hike in Indonesia production quotas Stainless steel mills' production cuts may offset...
India: Crude steel expansion approvals reach nearly 6 mnt in May’26 BigMint data
Crude steel expansion approvals total 5.8 mnt in May BOF-based projects remain concentrated in Odisha, Chhattisgarh Eastern India retains its...
Europe: Aperam announces stainless steel surcharges for Jul’26
Stainless steel producer, Aperam, recently announced its surcharges for austenitic flat products for Jul'26. Post-revision, prices of the most-traded 304...
India: Over 30,000 t of iron ore booked at NMDC’s auctions from Chhattisgarh
Of the offered 234,500 t, around 32,100 t of iron ore were booked at NMDC's auctions from its Bacheli and...
India: Domestic non-coking coal prices remain stable w-o-w
Domestic 5,000 GCV non-coking coal remained stable w-o-w at INR 5,500/t, while 4,500 GCV coal was unchanged w-o-w at INR...
Global crude steel output falls in Jan-May’26 as China slowdown outweighs growth in India, US
Chinese crude steel production declines 3.9% y-o-y in Jan-May India, US, Germany, Vietnam record robust production growth Weak demand in...
Spain: Acerinox releases stainless steel flat product surcharges for Jul’26
Spain-based Acerinox recently announced stainless steel flat product surcharges for Jul'26 deliveries. Current prices are: 304 (EN 1.4301): EUR 2,258/t...
Nepal steel market softens further as rebar and wire rod prices fall
Nepal's rebar market witnessed a further correction this week, with trade prices declining by NPR 2,500/t ($26/t) w-o-w to NPR...
India: Imported manganese ore prices dip w-o-w as smelters defer fresh bookings
Wait-and-watch sentiment prevails as imported ore inventories remain sufficient Weekly cargo arrivals remain stable at Indian port Imported manganese ore...
