🔶 Iron Market Report – 06 June 2025

Chinese Market – Ferrous Metals:

Iron ore, stainless steel, rebar, hot rolled coil, coking coal, and coke – all witnessed overnight gains.

🔹 Domestic Market (Mandi Update):

Ingot and old scrap prices saw a slight decline in the previous session.

📉 Today’s trading range for ingot: ₹41,700 – ₹42,300 per ton.

🔹 Secondary Steel Markets:

TMT bar prices are showing an upward trend today in markets like Gobindgarh, Delhi, Gujarat, Raipur, Durgapur, Hyderabad, Jalna, Nagpur, and others.

🔹 Expert View:

Today, ingot and old scrap prices may show strength within a limited range.