Top Indian Metal & Energy Industry News & Updates - 25 April 2023,Tuesday

Iron & Steel

📝  Tata Steel commences trial use of hydrogen gas in blast furnace at Jamshedpur plant
📝  India's Tata Steel begins hydrogen gas injection trial in blast furnace
📝  ‘NMDC plans to increase iron ore output by more than 21% this fiscal’
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Aluminium & Copper

📝  Book profits in aluminium futures
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Gold / Silver & Bullion

📝  Gold declines Rs 345; silver plunges Rs 675
📝  Silver's the new gold for your portfolio, can hit Rs 90,000 soon
📝  Record gold prices hit demand
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Other Metals

📝  Plans to buy Zinc International is not called off: Hindustan Zinc CEO Arun Mishra
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Oil & Gas / OMCs

📝  Russian oil slashes OPEC's share of Indian market to 22-year low
📝  Indian companies sometimes face delays in paying for Russian oil above $60/bbl: Oil secretary
📝  Oil prices fall 1% on uncertainty over global outlook, rate hikes
📝  Tata Power sets up charging stations at R CITY Mall, Ghatkopar, Mumbai
📝  New ONGC chief Arun Singh draws seniors' ire for pushing youth
📝  Lenders May halt funding over 'Sin' tag: ONGC Chief
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Coal / Mining

📝  Vedanta Resources cuts gross debt by USD 1 billion
📝  Mining Act tweak planned to push rare, critical mineral exploration
📝  Tancem failed to obtain environmental clearance for 8 out of 9 limestone mines: CAG
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Power

📝  Rain cools down demand for power; coal stocks higher
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Renewable Energy

📝  Finnish company Fortum plans to sell 185 MW solar projects
📝  SECI trades 35 BU renewable energy for Rs 10,000 cr in FY23
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International

📝  China demand blues push copper to lowest in more than two weeks
📝  Aussie lithium shares jump on Chile nationalisation plan
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Economy

📝  Rupee gains 15 paise to close at 81.91 against US dollar
📝  Sensex, Nifty rise in early trade
📝  Rupee moves in narrow range against U.S. dollar in early trade
📝  40% of PM Cares Fund remained unspent till March '22
📝  Sensex reclaims 60,000-mark, Nifty near 17,750 on gains in financial stocks
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