India: OMC to auction 1,600 t of HC ferro chrome
Base price of primary lot set at INR 121,500/t ($1,266/t) exw Ferro chrome spot prices face pressure from weak demand...
Iron & Steel
Indian govt imposes definitive anti-dumping duty on met coke imports for 5 years
ADD unlikely to curb India's met coke imports amid cost and quality advantage Govt has notified lower definitive duties than...
India: Stable crude steel output masks softer manufacturing sentiment
Crude steel production holds at 14.1 mnt despite weaker manufacturing PMI Higher domestic coal output and record electricity demand indicate...
India: Alang ship-breaking scrap prices rise on strong domestic steel sentiment
Steel prices strengthen in Gujarat and Mandi Gobindgarh, support scrap prices Tighter availability keeps scrap market sentiment firm amid cautious...
BigMint’s daily trade sheet – 27 July’26
BigMint's billet index extended its upward trend, rising by INR 550/t d-o-d to INR 39,150/t exw-Raipur.The conversion spread between pellet-based...
India: SAIL crude steel output falls 6% q-o-q, sales decline 22% in Q1FY27; profitability improves
Profitability improves despite lower q-o-q production and sales Finance cost declines further; EBITDA margin strengthens to 16.7% Steel Authority of...
India: RINL’s coking coal e-auction receives weak response amid weak steel market fundamentals
Weak steel margins, ample inventories keep coking coal demand subdued Market expects further price correction in coking coal, fresh purchases...
China: Near-term weekly outlook on key steel products
Seasonal demand weakness to keep Chinese steel prices under pressure Production cuts, lower inventories to offer limited support to HRC...
India: Ferro silicon prices stable w-o-w; market awaits Bhutan’s Aug’26 offers
SAIL concludes 14,000 t ferro silicon purchase tender Chinese prices remain unchanged w-o-w Indian ferro silicon (Si:70%) prices stayed largely...
Japan: EAF mills extend scrap price cuts amid ample inventories, weak demand
Tokyo Steel cuts H2 scrap prices for fourth time this month Weak Vietnam demand limits export market support Japan's electric...
