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BIGMINT REPORT
Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...- India's met coke imports set for record despite anti-dumping levyIndia's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purch...
- Indian steel prices set to rise further on coking coal costs, demand revivalIndian steel prices are expected to increase in the coming weeks. Post-monsoon demand from infrastructure and automotive sectors will tight...
- SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
- Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...
- India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
- Indian recyclers seek removal of import tax on aluminium scrap, letter showsSmall and medium recycling firms are urging the PMO to scrap the 2.5% import tax on aluminium scrap due to rising costs and tight global su...
- India's iron ore imports set to hit 7-year high in 2025-2026India's iron ore imports are projected to hit a seven-year peak by March 31. This surge is fueled by a scarcity of high-grade ore and robus...
- India antitrust probe links Tata, JSW to steel cartel via WhatsApp chats, production dataIndia's Competition Commission is investigating major steel firms for alleged price fixing and production cuts. Reports reveal WhatsApp cha...
- India probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order showsIndia's competition watchdog has found 28 steel firms, including Tata Steel, JSW Steel, and SAIL, along with 56 executives, breached antitr...
- India's iron ore imports to rise on JSW steel demand, falling pricesIndia's iron ore imports are projected to increase this year, fueled by rising demand from JSW Steel, as global prices decline. Imports are...
- India in talks to tackle rising steel imports, says Steel Minister H.D. KumaraswamyIndia is in talks to address rising steel imports, according to Steel Minister H.D. Kumaraswamy. The country, a major crude steel producer,...
- Steel ministry backs industry's demand to raise tariffsSteel minister plans to persuade the finance ministry to increase tariffs on steel imports to protect domestic mills from cheaper imports, ...
- Steel prices trade at 3-year lows on increased supplies: ReportSteel prices in India have plummeted to a three-year low, with hot rolled coils and cold rolled coils trading significantly lower than thei...
- Indian steel prices hit more than three-year lows, consultant BigMint saysSteel prices in India hit a three-year low due to high imports and weak exports, with July prices averaging 52,267 rupees per tonne. Increa...
- India said to have shelved plan for coking coal import consortiumIndia, the world's second-biggest crude steel producer, imports about 85% of its annual coking coal consumption of around 70 million metric...
- The train from Russia: How a new route can change things for IndiaA multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the ...
- Need to be watchful about steel imports: Tata Steel's T V NarendranTata Steel CEO T V Narendran has urged caution amid a surge in steel imports in India, which has risen 38% to 8.319 million tonnes in the 2...
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