Baltic dry index weakens on slower cargo demand, rising vessel availability
The Baltic dry bulk index fell 2.2% (44 points) to 1,979 on 22 Dec against 20 Dec. The index declined...
Iron & Steel
Iran: Billet prices rise 1% compared to 17 Dec’25
Iran's billet prices rose by 2,500 rial/kg ($6/t, 0.7%) to 386,000 rials/kg ($919/t) on 22 Dec, while rebar prices fell...
China: Steel billet prices inch up by $1/t despite cautious activity ahead of year-end
Chinese billet prices edged up by RMB 10/t ($1/t) to RMB 2,960/t ($421/t) on 22 Dec'25 from 19 Dec, while...
India: Melting scrap prices increase by INR 300/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang increased by INR 300/t d-o-d on 23 Dec'25, as per BigMint's assessment. HMS...
India: NMDC Chhattisgarh to auction over 80,000 t iron ore
NMDC Bacheli has scheduled an auction for 83,000-t iron ore ROM (Fe 65.5%, 10-150mm) from its Bacheli mines on 23...
India: Karnataka to auction around 270,000 t of iron ore
Karnataka miners set to auction around 267,996 t iron ore. KSMCL: 72,000-t lumps (10-40 mm, Fe 60.38-63.03%) and 183,996-t fines (Fe...
US: RMDAS ferrous scrap index rises across grades in Dec’25
The RMDAS ferrous scrap index, which reflects spot prices for steel mills and foundries in the US, rose across all...
India: Over 180,000 t of iron ore to be auctioned from Odisha mines
Odisha based miners scheduled auctions for 182,930-t of iron ore. SAIL-Bolani mines : 43,000-t (Fe 62%) iron ore CLO and 20,000-t...
BigMint’s India steel index rebounds before year-end, positive momentum may continue
Tier-1 mills raise HRC list prices after earlier rollover IF-rebar prices rise across regions, inventories ease Heightened economic impetus in...
India: ECL auction sees buyer concentration deepen as mid-CV demand dominates allocations
Buyers focused mainly on G4 grades, indicating preference for mid-CV coal Limited uptake despite large offering highlighted selective demand conditions...
