Weekly round-up: Global billet markets remain mixed amid weak Asian demand, firmer CIS sentiment
Chinese mills maintain offers despite cautious demand Black Sea FOB levels firm on tight supply expectations Global billet markets were...
Iron & Steel
India: CIL subsidiaries notify over 1 mnt in upcoming e-auctions; ECL focuses on lower grades
ECL drives volumes with lower-grade coal SECL focuses on premium-grade coal offerings Eastern Coalfields Ltd. (ECL) and South Eastern Coalfields...
China weekly: Steel prices weaken as seasonal demand fails to absorb rising supply
Steel inventories rise 3% as weak demand pressures prices Rebar and HRC prices fall amid seasonal demand weakness China's steel...
India: Odisha iron ore fines index rises marginally w-o-w in recent trades with fresh offers
OMC weighted average bids remain stable m-o-m Miners keep fines offers stable post OMC auction BigMint's Odisha iron ore fines...
India: Imported manganese ore prices soften amid cautious procurement
Chinese, Indian demand slows due to ample inventories Indian manganese alloys prices hit multi-week lows Indian imported manganese ore prices...
China targets dependable renewable power as 2030 plan moves beyond capacity expansion
Renewable projects increasingly prioritise storage, dependable peak-hour electricity supply Green hydrogen expansion accelerates renewable substitution across industrial applications China's renewable...
India: Stainless steel scrap market stays firm as higher nickel supports sentiment
Domestic scrap preferred over costlier imported material Stronger US dollar limits fresh import bookings India's stainless steel scrap market remained...
Share of scrap in global crude steel production set to rise to around 35% by 2030 – BigMint analysis
Share of scrap in global crude steel production rose to 33% in H1CY'26 Decline in China production impacts pig iron...
India: Alang ship-breaking scrap prices remain stable d-o-d as need-based buying offsets firmer steel market
Scrap supply remains adequate, limiting price rise Mandi scrap, billet prices strengthen on improved trading Ship-breaking melting scrap prices in...
India: Ferro molybdenum prices hit over 3-year high on firm global cues
Molybdenum oxide supply remains constrained Chinese demand drives global price uptrend Indian ferro molybdenum (Mo: 60%) prices increased by INR...
