Indian steel prices rise again in Feb’26 but at slower pace as bullish sentiment fades
Steel demand slows from mid-Feb amid price resistance, Holi Rising coal, firm iron ore prices support steel price uptrend BF...
Iron & Steel
India: MOIL lifts manganese ore prices for Mar’26 deliveries
Imported manganese ore prices rise on tight supply Domestic silico manganese prices rise due to higher costs State-owned miner MOIL...
BigMint’s India steel index drops further due to Holi slowdown, muted trade sentiment
Mills raise BF rebar prices despite softening trade sentiment HRC, CRC prices remain rangebound ahead of Holi trade slowdown Increasing...
India: NMDC’s iron ore output edges down by 4% m-o-m in Feb’26
NMDC's monthly iron ore output stood at 5.35 mnt in Feb'26, dropping by 3.8% from 5.56 mnt in Jan'26. Cumulative...
Brazil: Ferrous scrap exports surge 29% y-o-y in CY25
Brazils ferrous scrap exports increased by around 29% y-o-y to 849,411 t in CY'25 from 656,300 t in CY'24. In...
India: Primary rebar prices rise faster than HRC, higher by nearly INR 5,000/t in Feb’26
HRC-rebar negative spread deepens in Feb as mills sustain rebar hikes Rebar rises on inventory drawdown, HRC market sees trade...
India: Melting scrap prices climb up by INR 400/t d-o-d in Alang
In Gujarat's Alang market, ship-breaking melting scrap prices climbed up by INR 400/t d-o-d to INR 33,800/t ($368/t) ex-yard, according...
Baltic Dry Index hits 2-month high on Iran tensions
The Baltic Dry Index increased by 2.2% (47 points) d-o-d to 2,187 on 2 Mar'26, standing at 2-month high as...
South Korea: POSCO raises March stainless steel prices on higher alloy costs
Global uptrend and FX pressure drive revision: Strong dollar pressures imported alloy costs: POSCO has increased stainless steel shipment prices...
India: Raipur pellet offers rise by INR 200/t ($2/t)
Raipur-based pellet producers hiked their offers for 62.5/63% (+/-0.5%) material by INR 200/t ($2/t) to INR 10,600-10,700/t ($115-116/t) exw recently....
