{"id":71388,"date":"2026-07-11T13:19:19","date_gmt":"2026-07-11T07:19:19","guid":{"rendered":"https:\/\/biztrend24.com\/?p=71388"},"modified":"2026-07-11T13:19:19","modified_gmt":"2026-07-11T07:19:19","slug":"india-bigmints-coking-coal-index-drops-by-9-t-w-o-w-on-falling-steel-prices","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=71388&lang=en","title":{"rendered":"India: BigMint&#8217;s coking coal index drops by $9\/t w-o-w on falling steel prices"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Indian primary steel mills slash list prices for July<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Met coke prices in eastern India decline w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>BigMint&#8217;s premium hard coking coal (PHCC) index was assessed at $254\/tonne (t) CNF Paradip, India, on 10 July 2026, down by $9\/t w-o-w amid falling steel prices and lower bids.<\/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>Met coke prices fall w-o-w in eastern India:\u00a0BF-grade metallurgical coke prices in eastern India fell sharply by around INR 750\/t w-o-w to approximately INR 35,250\/t ex-Jajpur, reflecting sluggish demand and limited transactional activity.<\/p>\n<p>India&#8217;s domestic metallurgical coke market witnessed mixed trends during the assessment week ended 9 July 2026, with prices declining in the eastern region while remaining stable in the west. The correction was primarily driven by cautious procurement, weak spot liquidity, and uncertainty surrounding the continuation of the anti-dumping duty (ADD) on imported metallurgical coke.<\/p>\n<p>Indian steel mills slash list prices for July:\u00a0India&#8217;s tier-1 blast furnace (BF) steel producers have reduced rebar list prices for July 2026 deliveries by INR 1,000-3,000\/t m-o-m as weak buying enquiries, rising inventories, and slow construction activity continue to weigh on market sentiment. Leading Indian steelmakers have also reduced both hot-rolled coil (HRC) and cold-rolled coil (CRC) list prices by INR 1,000\/t for July 2026 deliveries amid subdued market activity and cautious buying sentiment. HRC list prices (2.5-8 mm, IS2062, Gr E250 Br) are now in the range of INR 57,000-60,000\/t ($597-628\/t) ex-Mumbai, while CRC (0.9 mm, IS513 CR1) prices have been revised to INR 64,400-67,750\/t ($674-709\/t).<\/p>\n<p>Higher Australia-India vessel freights offer support:\u00a0Panamax vessel freights from Haypoint, Australia, to Paradip, India, were recorded at $19.3\/t, up $0.4\/t w-o-w.<\/p>\n<p>India&#8217;s dry bulk coal freight market witnessed mixed trends in the week ended 10 July 2026. Firm Australian fixtures and stronger fixing levels improved Panamax sentiment, while softer cargo activity across parts of Asia kept Supramax movement under pressure. The Panamax market remained firm as improved cargo activity and tighter prompt vessel availability strengthened owner sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian primary steel mills slash list prices for July Met coke prices in eastern India&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71389,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-71388","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\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1280%2C720&ssl=1?v=1783754352",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?resize=150%2C150&ssl=1?v=1783754352",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=300%2C169&ssl=1?v=1783754352",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=640%2C360&ssl=1?v=1783754352",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=640%2C360&ssl=1?v=1783754352",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1280%2C720&ssl=1?v=1783754352",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1280%2C720&ssl=1?v=1783754352",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?resize=1115%2C715&ssl=1?v=1783754352",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?resize=800%2C500&ssl=1?v=1783754352",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1024%2C576&ssl=1?v=1783754352",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?resize=540%2C340&ssl=1?v=1783754352",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?resize=400%2C250&ssl=1?v=1783754352",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\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1280%2C720&ssl=1?v=1783754352","jetpack-related-posts":[{"id":52753,"url":"https:\/\/biztrend24.com\/?p=52753&lang=en","url_meta":{"origin":71388,"position":0},"title":"India: BigMint&#8217;s coking coal index inches down w-o-w on thin holiday trading","author":"Biz Trend 24","date":"January 3, 2026","format":false,"excerpt":"Global coking coal prices stable during New Year holidays Indian steel prices firm up as primary mills lift offers BigMint'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. \"The\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-2026-01-03T131728.381.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-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51120,"url":"https:\/\/biztrend24.com\/?p=51120&lang=en","url_meta":{"origin":71388,"position":1},"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":59685,"url":"https:\/\/biztrend24.com\/?p=59685&lang=en","url_meta":{"origin":71388,"position":2},"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":70624,"url":"https:\/\/biztrend24.com\/?p=70624&lang=en","url_meta":{"origin":71388,"position":3},"title":"India: BigMint&#8217;s coking coal index eases w-o-w amidst limited trade activities","author":"Biz Trend 24","date":"July 5, 2026","format":false,"excerpt":"Australia-India vessel freights rangebound w-o-w Indian met coke market turns cautious amid lack of clarity on extension of anti-dumping duty BigMint's premium hard coking coal (PHCC) index was assessed at $263\/tonne (t) CNF Paradip, India, on 04 July 2026, down by $4\/t w-o-w. 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On the raw materials front, prices of iron ore trended downward, though domestic coke prices increased w-o-w,\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\/06\/Untitled-design-21.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-21.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-21.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-21.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-21.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\/71388","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=71388"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71388\/revisions"}],"predecessor-version":[{"id":71390,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71388\/revisions\/71390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/71389"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}