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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