{"id":52753,"date":"2026-01-03T13:17:57","date_gmt":"2026-01-03T07:17:57","guid":{"rendered":"https:\/\/biztrend24.com\/?p=52753"},"modified":"2026-01-03T13:17:57","modified_gmt":"2026-01-03T07:17:57","slug":"india-bigmints-coking-coal-index-inches-down-w-o-w-on-thin-holiday-trading","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=52753&lang=en","title":{"rendered":"India: BigMint&#8217;s coking coal index inches down w-o-w on thin holiday trading"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Global coking coal prices stable during New Year holidays<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Indian steel prices firm up as primary mills lift offers<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>BigMint&#8217;s premium hard coking coal (PHCC) index was assessed at $236\/tonne (t) CNF Paradip, India, on 2 January 2026, down by $2\/t against the previous assessment on 26 December last.<\/p>\n<p>&#8220;The global market witnessed lower trade volumes during the New Year holidays as the market stayed quiet,&#8221; said a market participant.<\/p>\n<p>A western India-based mill has booked 30,000t (+\/- 10,000t) Australian PHCC at $238\/t CFR India last week via trader for mid-January loading.<\/p>\n<p>BigMint has consolidated its PHCC CFR India Index to include material of all origins, including US, Canada, Mozambique, Australia &#8212; normalised for quality and freight. With India steadily reducing its reliance on Australian PHCC and increasing imports from alternative sources, this update ensures the index accurately reflects evolving market dynamics and trade flows.<\/p>\n<p>Factors influencing prices:<\/p>\n<p>Indian met coke prices stable, uptick likely:\u00a0The Indian metallurgical coke (met coke) market witnessed a largely unchanged price trend in the eastern and western regions during the period leading up to 31 December, reflecting a balanced but cautious market sentiment. In eastern India, BF-grade (25-90 mm) coke was assessed at INR 32,000\/t ex-Jajpur, unchanged w-o-w. Similarly, in western India, prices remained stable at INR 29,800\/t ex-works Gandhidham. Foundry-grade coke prices were also flat at INR 35,200\/t ex-Rajkot. Provisional anti-dumping duty was imposed by the Indian government on low-ash metallurgical coke (ash content below 18%) for six months. This is likely to limit imports and support domestic prices in the near term.<\/p>\n<p>Australian PHCC prices stable:\u00a0Australian PHCC prices have remained stable w-o-w at $218\/t FoB on thin activity during holidays. Chinese market sentiments continue to remain weak amidst expectations of a 4th round of coke price cut.<\/p>\n<p>Indian primary mills lift finished steel prices:\u00a0Leading Indian steelmakers have again raised list prices of hot-rolled coil (HRC) and cold-rolled coil (CRC) by INR 750\/t on 30 December after increasing them by 750-1,000\/t in mid-December. BigMint&#8217;s benchmark assessment (bi-weekly) for HRC (IS2062, Gr E250, 2.5-8 mm\/CTL) rose sharply by INR 1,500\/t ($17\/t) w-o-w to INR 49,800\/t ($554\/t) on 30 December against INR 48,300 ($537\/t) on 23 December.<\/p>\n<p>Indian Tier-I mills increased rebar prices by up to INR 2,000\/t ($22\/t) during the last week of December 2025, sources informed BigMint. Post-revision, list prices stood at INR 49,000-50,500\/t ($545-562\/t) on landed basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global coking coal prices stable during New Year holidays Indian steel prices firm up as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":52754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-52753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1280%2C720&ssl=1?v=1767424668",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?resize=150%2C150&ssl=1?v=1767424668",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=300%2C169&ssl=1?v=1767424668",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=640%2C360&ssl=1?v=1767424668",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=640%2C360&ssl=1?v=1767424668",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1280%2C720&ssl=1?v=1767424668",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1280%2C720&ssl=1?v=1767424668",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?resize=1115%2C715&ssl=1?v=1767424668",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?resize=800%2C500&ssl=1?v=1767424668",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1024%2C576&ssl=1?v=1767424668",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?resize=540%2C340&ssl=1?v=1767424668",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?resize=400%2C250&ssl=1?v=1767424668",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1280%2C720&ssl=1?v=1767424668","jetpack-related-posts":[{"id":57064,"url":"https:\/\/biztrend24.com\/?p=57064&lang=en","url_meta":{"origin":52753,"position":0},"title":"India: BigMints coking coal index falls $5 w-o-w as trade remains subdued","author":"Biz Trend 24","date":"February 15, 2026","format":false,"excerpt":"Australian coking coal FoB offers correct downwards w-o-w India's coking coal imports remained largely stable m-o-m in Jan'26 BigMint's premium hard coking coal (PHCC) index was assessed at $249\/tonne (t) CNF Paradip, India, on 13 February 2026, down by $5\/t against the previous assessment on 06 February last. Prices appear\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59685,"url":"https:\/\/biztrend24.com\/?p=59685&lang=en","url_meta":{"origin":52753,"position":1},"title":"India: BigMint&#8217;s coking coal index falls to 2-month low amid cautious buyer sentiment","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"Bids decline, 75,000-t deal closed at $220\/t FOB Australia US-Iran war lifts vessel freights, dampening fixture activity BigMint's premium hard coking coal (PHCC) index was assessed at $240\/tonne (t) CNF Paradip, India, on 06 March 2026, down by $10\/t against the previous assessment on 27 February. The index has fallen\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51120,"url":"https:\/\/biztrend24.com\/?p=51120&lang=en","url_meta":{"origin":52753,"position":2},"title":"India: BigMint coking coal index jumps by $11 w-o-w as global prices climb to over 1-year high","author":"Biz Trend 24","date":"December 20, 2025","format":false,"excerpt":"Two deals concluded by Indian mills for Jan'26 loading Australian coking coal price surges to highest since Aug'24 BigMint's premium hard coking coal (PHCC) index was assessed at $238\/tonne (t) CNF Paradip, India, on 19 December, up by $11\/t against the previous assessment on 12 December 2025. An eastern India\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=1050%2C600 3x"},"classes":[]},{"id":55282,"url":"https:\/\/biztrend24.com\/?p=55282&lang=en","url_meta":{"origin":52753,"position":3},"title":"BigMint&#8217;s India steel index rises w-o-w as primary mills hike rebar prices and coking coal costs surge","author":"Biz Trend 24","date":"January 26, 2026","format":false,"excerpt":"rade-level HRC, CRC prices rise w-o-w after mills hike prices Leading primary mills increase BF rebar prices by up to INR 1,250\/t Q4 momentum, rising raw materials prices to support steel prices Morning Brief:\u00a0BigMint's flagship India steel composite index, a barometer of the domestic steel market, recorded an increase of\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55152,"url":"https:\/\/biztrend24.com\/?p=55152&lang=en","url_meta":{"origin":52753,"position":4},"title":"India&#8217;s coking coal imports increase by 10% y-o-y in CY&#8217;25 &#8211; BigMint report","author":"Biz Trend 24","date":"January 24, 2026","format":false,"excerpt":"Australia retains dominant share in PHCC market Total met coal imports reach around 83 mnt Average global coking coal prices may remain higher in CY'26 Morning Brief:\u00a0India's imports of metallurgical coal, a key ingredient in blast furnace-based steel production, increased 9.4% y-o-y in CY'25 to over 83.1 million tonnes (mnt)\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113805.678.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113805.678.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113805.678.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113805.678.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113805.678.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53641,"url":"https:\/\/biztrend24.com\/?p=53641&lang=en","url_meta":{"origin":52753,"position":5},"title":"China weekly: Steel prices edge higher w-o-w on raw material support, gains in SHFE futures","author":"Biz Trend 24","date":"January 11, 2026","format":false,"excerpt":"Positive macroeconomic outlook, firm restockingfuel iron ore price hike Met coke market remains weak as steel mills make cautious purchases Chinas steel prices edged higher this week, supported by gains in SHFE futures and higher raw material costs. Domestic hot-rolled coil (HRC) and rebar prices rose marginally w-o-w. Raw materials,\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-11T132456.647.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-11T132456.647.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-11T132456.647.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-11T132456.647.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-11T132456.647.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52753"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52753\/revisions"}],"predecessor-version":[{"id":52755,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52753\/revisions\/52755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/52754"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}