Nepal: Rebar prices hold steady amid weak demand
Nepals steel market sentiment remained cautious despite stable rebar prices at NPR 77,000-79,000/t for cash deals and NPR 79,000-81,000/t under...
Iron & Steel
India: Around 50,000 t of iron ore sold in NMDC Chhattisgarh auction
NMDC Chhattisgarh conducted an auction for 245,600 tonnes (t) of iron ore on 29 May, with 49,000 t sold. Bacheli: 21,500...
India: NMDC’s iron ore production rises by 14% m-o-m in May’26
NMDC's monthly iron ore output touched 5.31 mnt in May'26, rising by 14% from 4.64 mnt in Apr'26. Iron ore...
India: Melting scrap prices declined by INR 300/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market declined by INR 300/t to INR 35,300/t ($369/t) ex-yard on 9 Jun'26....
Monsoon season curtails activity across South Asian ship recycling hubs
Post-Eid activity recovers at slower pace Recyclers await improved post-monsoon opportunities The Indian subcontinent ship recycling market remained subdued during...
India notifies coal exchange rules, enabling transparent market-driven pricing
The CCO has been designated as regulator for coal exchanges Shifts from one-to-many sales model to a many-to-many one In...
India: Pellet producers reduce offers by INR 200/t ($2/t) in Raipur, Chhattisgarh
Pellet manufacturers in Raipur reduced offers for Fe 62.5/63% (+/-0.5%) grade pellets by INR 200/t ($2/t) to INR 9,200-9,300/t ($97-98/t)...
India: SAIL-RSP pig iron auction sees entire volume booked at lower bids
SAIL-RSP auctioned 3,400 t of steel-grade pig iron on 2 Jun'26, with the entire offered quantity booked at an average...
Vietnam: Hoa Phat trims HRC prices by $13/t m-o-m for July’26 sales
Vietnamese steel major, Hoa Phat Group, has trimmed its HRC (SAE1006, non-skin-passed) prices by $13/t (VND 473,836/t) m-o-m for July'26...
India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market remained steady at INR 35,600/t ($373/t) ex-yard on 8 Jun'26. Prices of...
