BigMint’s Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,100/t ($53/t) ex-mines. Market participants reported that approximately 1.419 million tonnes of iron ore were sold through direct sales during the first week of June.
India’s blast furnace (BF) route rebar steel producers have reduced their rebar list prices for June 2026 deliveries. Current list prices of IS 1786 Fe 500/550D of size 12-32 mm rebars from the mill-to-distributor level are in the range of INR 55,250-57,700/t exy Mumbai, reflecting a downward price correction in the range INR 1,000-4,000/t ($10-$42/t) compared with the levels prevailing in early May 2026.
The following sheet summarises confirmed trades /offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
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