India: Medium-carbon silico manganese prices edge up as market inquiries improve
Prices of medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) in India were assessed at INR 82,900/t ($921/t)...
Iron & Steel
India: Met coke market remains steady, AD duty expected to boost sentiment
Prices stable amid policy support, demand still subdued Market balanced as supply additions meet weak steel appetite The Indian metallurgical...
India: Leading stainless steel manufacturer hikes coil prices on rising nickel costs
A leading stainless steel producer announced its second price hike in Dec'25, effective 30 Dec, citing firm cost-side support. The...
China: Iron ore spot prices edge up by $1/t amid cautious optimism
Iron ore fines (Fe 62%) spot prices rose by $1/t d-o-d to $108.85/dmt CFR China on 29 Dec'25 against 26...
Global steel output falls nearly 5% in Nov’25 on Chinese production cuts; industry braces for slow 2026 recovery
Chinese output in Nov falls around 11% y-o-y to 69.9 mnt Production rises in India, Turkiye, and Iran on strong...
BigMint’s daily trade sheet – 29 Dec’25
BigMint's billet index increased sharply by INR 1,400/tonne (t) d-o-d to INR 39,100/t exw-Raipur. The PDRI-to-billet conversion spread for standalone...
India: Melting scrap prices rise by INR 600/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market rose by INR 600/t d-o-d on 30 Dec, as per BigMint's assessment....
India: Raipur-based producers raise pellet offers by INR 100/t ($1/t)
Raipur-based pellet producers have increased offers for Fe 62.5% (+/-0.5) pellets by INR 100/t ($1/t) to INR 9,400-9,500/t ($105-106/t) exw....
China: Shagang Steel reduces scrap procurement prices by $4/t
China's leading steel mill, Shagang Steel, has reduced its scrap procurement prices by RMB 30/t ($4/t) on 29 Dec'25. This...
BigMint’s India steel index rebounds sharply w-o-w but will rally sustain?
Primary mills hike BF rebar prices by $6-11/ w-o-w Strengthening coking coal prices support steel prices Next round of HRC...
