Top Indian Metal & Energy Industry News & Updates - 01 Dec 2025,Monday

Iron & Steel

Nerves of steel: The slump has stabilised, but recovery remains elusive
Steel is one of the clearest mirrors of industrial momentum, and India, despite being the world’s second-largest crude steel producer, is feeling the strain of a deep pricing slump.
📝  Rising input costs threaten country's manufacturing ambitions amid increasing demand for aluminium: Study
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Aluminium & Copper

Aluminium units in a quandary amid rising imports, export slump
Struggling with declining exports and rising imports, the domestic aluminium manufacturing industry may put its proposed Rs 2 lakh crore capacity expansion plan on the back burner, several industry executives said.
Aluminium: Study says rising input costs threaten India’s manufacturing goals
New Delhi: The increasing input costs could disrupt the country's manufacturing goals, despite forecasts indicating that domestic aluminium demand will rise to 8.3 million tonnes by 2030, up from the current 5.3 million tonnes, a recent study has said. The study released by CUTS International -- a think tank -- comes at a crucial turning point for India's industrial growth, highlighting how the current import duty structure is inadvertently constraining MSMEs -- the very enterprises that anchor the country's manufacturing value chain and are indispensable to realising the vision of Viksit Bharat 2047.
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Gold / Silver & Bullion

Gold jumps to two week high and silver rallies to record on Fed rate cut bets
 
📝  Gold could retest record highs as traders eye Powell's speech, RBI policy: Analysts
📝  U.S. rate cut hope propels gold, silver
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Oil & Gas / OMCs

M&M to build high-power highway network as it expands EV portfolio
All chargers will be 180 kW and above, forming a high-power electric-vehicle (EV) corridor designed to make intercity electric travel seamless.
📝  PNGRB expert panel for sweeping reform to unlock free gas market
📝  Oil India commences offshore drilling in Kerala-Konkan basin: Hardeep Puri
📝  SP Group in talks to raise Rs 25,000 crore via unrated NCDs
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Opec

📝  OPEC+ set to hold oil output policy steady on Sunday, sources say
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Coal / Mining

📝  Government adds 18 private entities to list of agencies authorised to explore coal, lignite resources
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Power

📝  All eyes on tariffs as bill for opening up nuclear power to be tabled this Parliament session
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Renewable Energy

📝  Avaada says every state has execution challenges, more bullish on Maharashtra
📝  New Development Bank seminar discusses ways to finance India's sustainable energy transition
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