India: Supreme Court upholds higher royalty on iron ore dispatches after statutory revision
Supreme Court clarifies applicability of revised royalty rates Centre's royalty hike from 10% to 15% triggers litigation The Supreme Court...
Iron & Steel
MYSTEEL: Simandou ore’s debut might make a splash, but prices will barely ripple
Low-grade fines could gain indirect market support Traders optimistic on future mainstream market acceptance Mysteel Global: The long-anticipated Simandou iron ore...
Asia: Thermal coal prices strengthen as Indonesian uncertainty, supply discipline support market
Indian demand remains largely absent amid adequate supply China supports sentiment but buying becomes less aggressive Asian thermal coal prices...
India: Pellet producers in Raipur, Chhattisgarh, raise offers by INR 200/t ($2/t)
Pellet manufacturers in Raipur raised offers for Fe 62.5/63% (+/-0.5%) grade pellets by INR 200/t ($2/t) to INR 9,400-9,500/t ($98-99/t)...
India: Melting scrap prices inch up by INR 100/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang rose INR 100/t ($1/t) d-o-d to INR 35,300/t ($369/t) ex-yard on 4 Jun'26....
India: Steel prices soften in May’26 while raw materials show mixed trend
Iron ore drops sharply post OMC auction, coking coal firm IF steel prices fall to 4-month low on construction sector...
India: HR plate prices stable w-o-w amid muted trading activity
India's trade-level hot-rolled plate (20-40 mm, Grade E250 Br.) prices stood at INR 60,700/t ($634/t) as of 3 June 2026,...
Global steel, raw material prices climb up in May’26; Chinese HRC export offers hit 19-month high
Higher freights amid Middle East conflict continue to lift prices Indian imported coking coal hits 3-month peak on supply crunch...
India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang remained unchanged at INR 35,600/t ($375/t) ex-yard on 6 Jun'26. Prices of semi-finished...
Nepal: Long steel market faces pressure despite stable rebar prices
Nepal's rebar prices remained stable w-o-w at NPR 77,000-79,000/t for cash deals and NPR 79,000-81,000/t under bank guarantees. However, market...
