India: PELLEX remains stable even as sponge prices inch down
Sponge iron and billet prices drop this week Moderate pellet trades finalised by Raipur sellers Pellet prices in the Raipur...
Iron & Steel
How did global steel, raw material prices perform in CY’25?
Lower crude steel output, weak steel demand weigh on prices Chinese HRC export offers fall 12%, Indian offers down by...
BigMint’s India steel index starts 2026 on positive note, bullish momentum to continue
Primary steel mills raise rebar prices by INR 2,000/t Flat steel prices hiked again following mid-Dec'25 revision Safeguard duty offers...
Iran: Billet prices hold steady; Rebar gains $95/t on currency and policy support
Iran's billet prices stayed unchanged at 404,500 rials/kg ($962/t) on 5 January, while rebar improved by 40,000 rials/kg ($95/t) to...
China: Billet prices stay flat; SHFE rebar slips on export policy uncertainty
Chinese billet prices remained flat at RMB 2,930/t ($419/t) on 5 Jan 2026 compared with 2 Jan, while SHFE rebar...
India: Bids rise by INR 4,350/t in SAIL-RSP’s latest pig iron auction
AILs Rourkela Steel Plant (RSP) conducted an auction on 05 Jan'26 for 3,500 t of steel-grade pig iron, in which...
India: HRC-rebar reverse spread broadens in Dec’25 as flat steel market sees slow recovery
Reverse spread widens to INR - 700/t from INR - 200/t in Nov'25 HRC market witnesses late recovery as mills...
India: Bids display mixed trends at Sandur’s manganese ore auction
Nearly 71% of material receives bids in auction Mn 30-32% ore attracts strongest buyer interest On 29 December 2025, Sandur...
Baltic dry index slips on weak Capesize and Supramax demand
The Baltic dry index declined by 1.65% to 1,851 on 5 Jan'26 against 2 Jan. It declined due to weaker...
India: Over 140,000 t of iron ore booked in Odisha auctions
42,000-t iron ore were booked at Odisha-based miners' auctions. AM/NS Sagasahi: 98,000-t lumps (5-18 mm, Fe 58.5-62.5%) sold at INR 6,000-6,850/t...
