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Tag: iron

iron
Iron

Indian iron ore exports drop 10% y-o-y in CY’24. Will downtrend continue in CY’25?

January 8, 2025January 8, 2025Inter Steel BDComment(0)

Morning Brief: India’s exports of iron ore, excluding pellets, dropped 10% y-o-y in calendar year 2024 (CY’24). Iron ore exports fell to a little under 30 million tonnes (mnt) from over 33 mnt in CY’23, as per latest data available with BigMint. Shipments had reached a three-year high in CY’23 after the government rescinded a 50% […]

iron
Iron

India: Odisha iron ore fines index falls INR 50/t ($0.5/t ) w-o-w

January 5, 2025January 5, 2025Inter Steel BDComment(0)

Iron ore prices in Odisha remained under pressure in the first week of CY’25 following lower bids from buyers for raw material purchases. A few miners reduced their prices by INR 200-300/t to encourage trade amid muted buying interest. However, buyers appear to be holding back, anticipating further price reductions before committing to new deals. […]

iron
Iron

India: Odisha iron ore fines index falls INR 50/t ($0.5/t ) w-o-w

January 5, 2025January 5, 2025Inter Steel BDComment(0)

Iron ore prices in Odisha remained under pressure in the first week of CY’25 following lower bids from buyers for raw material purchases. A few miners reduced their prices by INR 200-300/t to encourage trade amid muted buying interest. However, buyers appear to be holding back, anticipating further price reductions before committing to new deals. […]

iron
Iron

India: Odisha iron ore fines index falls INR 100/t ($1/t) ahead of OMC auction

November 17, 2024November 17, 2024Inter Steel BDComment(0)

Iron ore prices in Odisha remained under pressure this week as the domestic pellet, sponge iron and steel markets continued their downtrend. Market participants attribute this to a lack of confidence among steelmakers in procuring raw materials at prevailing rates. The ongoing slump in iron ore export prices further weighed on raw material prices in […]

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At Inter Steel BD, our mission is to offer reliable, up-to-date news and insights on steel and related industries to help businesses make informed decisions. We strive to be a trusted source that readers can rely on for accurate data and comprehensive analysis.

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inter steel bdAt Inter Steel BD, our mission is to offer reliable, up-to-date news and insights on steel and related industries to help businesses make informed decisions. We strive to be a trusted source that readers can rely on for accurate data and comprehensive analysis.

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Latest Posts

  • Weekly round-up: Global ferrous scrap offers climb up on strong US market
  • China weekly: Domestic steel industry shows downtrend amid weak demand
  • Weekly round-up: Semi-finished steel prices move up w-o-w amid improved finished demand
  • BigMint’s India steel index up 2% w-o-w after safeguard duty recommendation. Prices to remain buoyant
  • India: Imported manganese ore prices drop w-o-w amid limited smelter inquiries
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