India: HRC-rebar negative spread narrows in Mar’26 as flats prices rise at a faster pace
HRC prices rise by over 5% m-o-m, rebar rises 1.9% in March HRC-rebar negative spread decreases by INR 1,700/t in...
Iron & Steel
India: Mill scale prices show firm trends across key markets with active trades
Mill scale prices remained firm in the key regions, with some active trades has been concluded ahead of the FY'26...
India: Average steel prices soften slightly y-o-y in FY’26 but raw material prices remain firm
Average domestic iron ore prices rise by 10-13% y-o-y Steel prices witness sharp recovery in Q4 on safeguard duty effect...
India: Melting scrap prices rise by INR 500/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market rose by INR 500/t d-o-d on 2 Apr'26, as per BigMint's assessment....
BigMint’s daily trade sheet – 1 Apr’26
BigMint's latest bi-weekly assessment, Fe 62% concentrate prices eased to INR 5,250/t ($56/t) ex-works, down by INR 50/t ($0.5/t). BigMint's...
Baltic Dry Index rises on strong Capesize demand, improved cargo activity
The Baltic Dry Index increased 1.8% (35 points) d-o-d to 2,030 on 01 Apr'26, supported by stronger Capesize demand driven...
India: Vedanta-FACOR to conduct HC ferro chrome auction
Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 50-56% min, 0-150 mm) on 3...
Turkiye: CBAM-induced export slowdown impacts steel production in 2026
Steel exports in Jan-Feb drops 14% y-o-y to 2 mnt Energy, freight surges push hot-rolled steel costs higher SteelOrbis: Despite production...
China: Iron ore spot prices edge up by $1/t d-o-d
Benchmark Fe61% iron ore fines spot prices rose by $0.55/t d-o-d to $108.2/dmt CFR China on 1 Apr'26. Prices rose...
How did Indian steel industry perform in FY’26?
Crude steel production rises 10.5% y-o-y to 168 mnt Finished steel exports rebound 28.7%, imports decline 22.8% India Steel Composite...
