BigMint’s daily trade sheet – 25 July’26
BigMint's Odisha iron ore fines (Fe 62%) index increased by INR 50/t w-o-w at INR 4,950/t ($52/t) ex-mines. BigMint recorded...
Iron & Steel
Asian thermal coal market remains firm w-o-w as Chinese prices inch up, while India remains cautious
Selective restocking lifts Chinese prices but elevated inventories cap gains Indonesian prices remain flat as weak demand offsets uncertainty around...
China: Steel inventories increase in mid-Jul’26 amid weak consumption
Inventories rise despite slight drop in crude steel output Finished steel production rises 2.5% from early Jul'26 The China Iron...
Japan: Tokyo Steel cuts H2 scrap purchase prices by JPY 500/t ($3/t) for fourth time at two Kanto plants
Several EAF mills undertaking summer maintenance Lower H2 export offers weigh on domestic prices Tokyo Steel, Japan's largest electric arc...
US: Graftech’s graphite electrode output rises 3% y-o-y, sales rise 14% in Q1CY’26
Realised selling price declines 5% y-o-y to around $3,900/t Demand recovery expected to support volume growth in CY'26 GrafTech International,...
India: BigMint’s coking coal index falls close to four month low, further drop likely
Index fell by $7/t w-o-w India's coking coal imports have fallen by 25% m-o-m in Jun'26 BigMint's premium hard coking...
India: Karnataka iron ore e-auction sales surge 72% m-o-m in Jun’26 on improved availability, restocking demand
Miners offer larger volumes as buyers return for pre-monsoon restocking Higher-grade ore attracts aggressive bids, with limited miners offering material...
Nepal: Long steel prices show mixed trends w-o-w amid muted demand, supply disruptions
Rebar prices remain stable despite cautious market sentiment Wire rod prices rise amid supply disruptions from India Nepal's domestic rebar...
US: Hyundai Steel to start construction of Louisiana EAF-based integrated plant in Sep’26
2.7 mnt/year EAF to produce automotive-grade flat steel Hyundai Steel targets commercial production in Q1CY'29 Hyundai Steel will hold the...
China: Iron ore fines prices remain steady d-o-d
Seaborne iron ore trade remains subdued amid cautious mill buying Tangshan output curbs expected to have limited near-term impact Iron...
