🌐 Daily Iron Market Trend 🌐

👉 Recovery in Dalian Iron Ore Futures (China) was observed yesterday.

👉 USA may impose a 25% tariff on all imported goods starting from April 2.

👉 Most of the iron metal chain showed an upward trend:

• Iron Ore ➡️ +0.83%

• Rebar ➡️ -0.5%

• Coke ➡️ +1.4%

👉 US Dollar Index declined by 0.18% (reported at 104.36).

📌 Domestic Market Update:

✅ Ingot and Old Scrap prices continued to rise yesterday.

✅ Ingot Trading Range ➡️ ₹43,200 – ₹44,000

📍 Secondary Market Update:

👉 Stable TMT prices expected today across key markets, including:

Mandi Gobindgarh, Delhi, Gujarat, Raipur, Raigarh, Durgapur, Jalna, Rourkela, Hyderabad, Jammu, Jaipur, Ghaziabad, Muzaffarnagar, Bhiwadi, Patna, Jharkhand, Bangalore, Goa, Bhopal, Indore, Nagpur

📊 Market Expert View:

➡️ Ingot and Old Scrap prices are likely to trade within a stable and narrow range today.

🔎 Stay tuned for more updates!