During Feb-26, Indian steel prices increased by 1% MoM to Rs54,000/tonne, remaining at a 52-week-high on seasonal tailwinds. Chinese steel prices declined by 1% MoM to $465/tonne, owing to the increase in production amid weak demand. Coking coal prices decreased by 13% MoM to $186/tonne, as operations normalized following weather disruptions. In Jan-25, Indian steel production increased by 2.0% MoM to 15.1 mn tonnes, while estimated Chinese steel output rose 10% MoM to 75mn tonnes as mills resumed operations after maintenance shutdown. CISA mills also reported a 20% YoY increase in inventory levels, indicating weak demand during festive holidays. Global...