Baltic dry index falls over 2% d-o-d
The Baltic Dry Index declined by 2.33% (42 points) d-o-d on 22 Jan, pressured mainly by a sharp correction in...
Iron & Steel
India: Around 70,000 t of iron ore booked at NMDC Chhattisgarh’s auctions
At NMDC Chhattisgarh auctions on 22 Jan'26, 67,000-t iron ore fetched bids. Bacheli mines: 21,500-t DR CLO (10-40 mm, Fe 67%)...
India: Vedanta-FACOR to conduct HC ferro chrome auction
Vedanta-Ferro Alloys Corporation (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 56% min, 0-150 mm) on 28 Jan'26....
China: Billet prices edge up, rebar futures slip on weak demand
Chinese billet prices rose RMB 10/t ($1/t) d-o-d to RMB 2,940/t ($422/t) on 23 Jan'26, while SHFE rebar futures declined...
India: Iron ore offers rise by up to INR 500/t ($5/t) w-o-w in Chandrapur, Maharashtra
Iron ore fines (0-10 mm, Fe 63%) offers in Chandrapur, Maharashtra, edged up by INR 200/t ($2/t) w-o-w to INR...
UAE: BigMint’s scrap index inches up by $3/t w-o-w; Emirates Steel rolls over Feb’26 rebar prices
RCM-related uncertainty limits near-term spot buying Exports slow amid pending VAT clarity, bid-offer gaps UAE scrap prices increased by AED...
India’s steel imports fall 13% y-o-y in CY’25 on safeguard duty impact
Finished flats imports fall 24%, HRC decreases 36% Imports from China plunge by 48%, Japan drop 22% Anti-dumping duties, quality...
India’s steel exports rise 4% y-o-y in CY’25; shipments hit 4-year high in H2
Finished flats exports dip 1%, semis surge 48% on US, UK intake Exports to EU slide by 7% despite sharp...
China: Iron ore prices edges down by $1/dmt d-o-d
Iron ore fines (Fe 61%) spot prices fell by $0.35/t to $103.2/dmt CFR China on 21 Jan'26. Softer prices drew...
India: Jindal SAW raises iron ore pellet offers by INR 600/t ($6.5/t)
Jindal SAW has raised iron ore pellet (Fe63%) offers by INR 600/t ($6.5/t) to INR 11,200/t ($122/t) DAP Kandla, effective...
