India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 5 Mar'26. According to BigMint's assessment, HMS (80:20) prices...
Iron & Steel
Baltic Dry Index continues to rise on tight tonnage; geopolitical risk adds support
The Baltic Dry Index surged 2.15% (46 points) to 2,233 on 4 Mar'26 vs 2 Mar, supported by tight vessel...
China: Shagang Steel keeps long steel prices stable for early-Mar’26 sales
China's Shagang Steel has continued to keep its long steel prices unchanged for early-Mar'26 sales, with no price revisions announced...
Vietnam: Hoa Phat keeps HRC prices stable m-o-m for Apr’26 sales
Vietnamese steel major Hoa Phat Group has kept its HRC (SAE1006, non-skin-passed) prices unchanged m-o-m for Apr'26 sales. Prices in...
Indonesia: Semi-finished stainless steel exports to EU surge 350% y-o-y in CY’25 amid trade policy gap
EU's imports of stainless steel semis surge 36% in CY'25 Semis remain outside scope of EU trade restrictions SteelDaily: Indonesian semi-finished...
India: Shyam Metalics launches 200,000 t/year specialised stainless steel unit
Company targets high-corrosion, high-performance industrial applications Austenitic, ferritic, martensitic, duplex, super duplex grades to be produced Shyam Metalics and Energy...
India: Ferro vanadium prices rally w-o-w on tight supply and strong demand
Indian ferro vanadium (FeV 50%) prices rose by INR 72,000/t ($783/t) w-o-w to INR 1,296,000/t ($14,100/t) ex-Raipur on 03 Mar'26....
Dry bulk iron ore freights rise w-o-w on active Chinese restocking, geopolitical uncertainties
Iron ore freights rose w-o-w on 3 Mar'26 as post-holiday Chinese buying lifted enquiries and fixing amid inventory restocking. Stronger...
India: Coal freights rise w-o-w on elevated bunker costs despite thin fixing
Dry bulk coal freights to India rose w-o-w despite thin fixture activity, supported by tighter vessel availability and higher bunker...
India: Portside South African thermal coal prices surge on firm export offers, freight spike
South African thermal coal prices at Indian ports jumped sharply w-o-w. Exw-Paradip 5,500 NAR rose by INR 800/t to INR...
