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The S&P BSE Metal index was up 2.6 per cent, gaining for the eighth day in a row even as the broader market was trading up 0.40 per cent.
Shares of NMDC and Steel Authority of India rose 7-8.5 per cent on strong metals trade data from China, the world's top metal consumer.
NMDC was enjoying its best day since mid-February, while SAIL was set for its best day since September.
China said February iron ore imports rose 8.3 per cent, while steel exports rose 4 per cent.
Iron ore has surged 46 per cent so far this year on hopes that Chinese steel demand will pick up.
MACD chart for May iron ore showed a dramatic rise, signalling consolidation ahead. Other notable gainers included Tata Steel, Hindalco Industries and Vedanta. These were up between 2-5 per cent.
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