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Seaborne iron ore could see medium-grade prices diverge into Q1 on buying curbs

Seaborne iron ore could see medium-grade prices diverge into Q1 on buying curbs

Seaborne medium-grade iron ore prices may diverge into Q1 due to buying curbs. A report series examines trends in iron ore, metallurgical coal, copper, alumina, cobalt, lithium, nickel, and steel, forecasting market shifts.
China's PP output expected to rise 5.90% to 42.58 mln t in 2026

China's PP output expected to rise 5.90% to 42.58 mln t in 2026

China's polypropylene (PP) output is projected to increase by 5.90% to 42.58 million tons in 2026. Despite capacity expansion, growth will be moderate due to rising maintenance and no new units in the first half.
India-US deal to lift downstream steel demand

India-US deal to lift downstream steel demand

The India-US deal indirectly boosts steel demand. Reduced tariffs (18% from 50%) on Indian goods benefit engineering, auto ancillaries, and electronics, lifting domestic steel consumption. Rupee appreciation lowers imported coal costs.
Carbon Capture in India: Why CCUS Is Critical for Net Zero

Carbon Capture in India: Why CCUS Is Critical for Net Zero

India's Budget allocates ₹20,000 crore for CCUS over five years, crucial for net-zero by 2070. This boosts carbon capture in hard-to-abate sectors like steel, cement, and power, enhancing export competitiveness.
[SMM Coking Coal and Coke Daily Brief] February 4, 2026 – Shanghai Metals Market (SMM)

[SMM Coking Coal and Coke Daily Brief] February 4, 2026 – Shanghai Metals Market (SMM)

Coking plant losses narrowed, increasing coke supply slightly. Slow downstream procurement and weak end-use demand, with increased steel mill maintenance, hinder shipments. The coke market is expected to remain stable.
Iron Ore Concentrate Prices in the Tangshan Region May Remain in the Doldrums

Iron Ore Concentrate Prices in the Tangshan Region May Remain in the Doldrums

Tangshan's iron ore concentrate prices fell by 1-5 yuan/mt to 980-985 yuan/mt for 66% grade. Sluggish transactions and weak steel mill demand suggest continued doldrums for the market.
India Eyes Overseas Coking Coal To Strengthen Supply

India Eyes Overseas Coking Coal To Strengthen Supply

India plans a government-led mission to acquire overseas coking coal assets in Indonesia and Malaysia. This strategic move aims to secure raw material supply for its steel and construction sectors, reducing 95% import reliance and supporting infrastructure growth.
Indian steel prices witness sharp rally in Jan'26 on surging raw materials costs, policy support

Indian steel prices witness sharp rally in Jan'26 on surging raw materials costs, policy support

Indian steel prices surged in Jan'26: HRC up 10%, rebar 14%. Raw material costs, like coking coal (up 9%), and safeguard duty fueled the rally. Strong demand and inventory depletion supported further hikes.
NMDC Eyes Canadian Coal Reserves To Drive Steel Growth

NMDC Eyes Canadian Coal Reserves To Drive Steel Growth

NMDC is exploring Canadian coal reserves to secure metallurgical coal for India's steel sector expansion. This move aims to diversify raw material sources and reduce supply disruptions, though discussions are currently at an exploratory stage.
Rebar Futures Fluctuated Rangebound, Spot Cargo Trading Slowed Down – Shanghai Metals Market (SMM)

Rebar Futures Fluctuated Rangebound, Spot Cargo Trading Slowed Down – Shanghai Metals Market (SMM)

HRC futures dropped 0.34% to 3,265, while spot prices remained stable. HRC maintenance impact was 274,500 mt this week, with demand slowing due to holidays. Sheets & plates are expected to fluctuate rangebound.

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