📊 Iron Market Trend – 15 May 2025

📝 Courtesy: Advisory Bazaar Info Services

🔹 International Market (China):

Strong momentum in the ferrous metals segment

⬆️ Gains seen in Iron Ore, Stainless Steel, Rebar, HRC, Coking Coal & Coke

🔹 Domestic Market Update:

➡️ Yesterday: Ingot & Old Scrap prices remained stable

➡️ Today: Signs of recovery observed

💰 Ingot Price Range: ₹42,200 – ₹42,800 per ton

🔹 Secondary Steel Market Mood:

📉 Prices dropped ₹100–₹300 yesterday

📉 Weak demand, pressure on suppliers

📉 Same trend in Primary Steel

📍 Key Markets:

Mandi Gobindgarh | Delhi | Gujarat | Raipur | Durgapur | Hyderabad | Jalna | Nagpur

🔎 Expert View:

Strong chance of recovery from lower levels in Ingot and Old Scrap