Top Indian Metal & Energy Industry News & Updates - 24 April 2025,Thursday
Iron & Steel
India’s steel trade deficit skyrockets 330% to $4.7 billion under Chinese import onslaught
Domestic mills are haemorrhaging market share, out-priced by ruthless price calibration, by Chinese, in export markets; and have also been battered by Europe’s slowing demand.
📝 Safeguard duty to curb influx of steel import from select countries: ISA
📝 Steelmakers set for strong Q4 profit surge on price rise, duty
Read More >>
Aluminium & Copper
📝 Vedanta weighs US listing to raise $1 billion for Zambian copper assets
Read More >>
Gold / Silver & Bullion
Titan’s jewellery division stays bullish despite gold price surge
📝 Gold demand expected to be hit by surge in prices in short term, say experts
📝 Gold jewellery retailers face sales decline amid rising prices, but revenue growth continues
📝 What is behind yellow metal's economic sheen?
📝 Gold slips Rs 1,975 to Rs 95,365 /10 gm on profit booking
Read More >>
Oil & Gas / OMCs
No fuel for end-of-life vehicles from 1 July in national capital territory
New Delhi: Vehicles nearing the end of their life will not be allowed to fill fuel from 1 July in the national capital territory of Delhi, the Commission for Air Quality Management (CAQM) said on Wednesday.
📝 Reliance imported 17.3% more Russian oil in March as against Feb
📝 Saudi to jointly set up two refineries in India
📝 India to work with Saudi Arabia to enhance stability of global oil markets
📝 Saudi Arabia and India agree to set up two oil refineries
Read More >>
Coal / Mining
US listing, among options as Vedanta Resources eye $1-b fundraise for Zambian mine development
Read More >>
Power
📝 AGEL arm in pact to supply 1,250 MW energy storage capacity in UP
📝 Power engineers' body AIPEF demands withdrawal of discoms' privatisation process
📝 Jitendra Srivastava appointed CMD of REC
📝 Power Finance Corporation files plaint with EOW over 'document fraud'
Read More >>
Renewable Energy
📝 EV firm PURE introduces 5MWh grid storage product; lines up Rs 400 cr for capacity expansion
📝 Suzlon bags 378 MW wind energy project from NTPC Green Energy
📝 Europe on track to smash solar power output record in 2025
Read More >>
Nuclear Energy
MEIL gets Rs 13,000 cr order from Nuclear Power Corporation of India for 2 nuclear reactors
NPCIL places Rs 12,800 crore contract with Hyderabad-based MEIL for construction of two nuclear reactors in Karnataka
The Financial Express
Read More >>
International
📝 Japan's crude steel output declined 4.5% in FY25 amidst weak demand and rising competition
Read More >>
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
