Top Indian Metal & Energy Industry News & Updates - 30 Dec 2025,Tuesday

Govt. Policy / Industry

📝  Govt seeks $30 bn from Reliance, BP in KG-D6 gas field dispute
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Iron & Steel

High imports to exert pressure on steel prices
Mumbai: The sector will be hoping for a permanent solution by way of anti-dumping duty rather than safeguard duty to stop indiscriminate dumping of steel amid geo-political turmoil. In April, the government imposed safeguard duty of 12 per cent on the import of certain non-alloy and alloy steel flat products for 200 days which expired in November. Following this the Directorate General of Trade Remedies has recommended imposition of safeguard duty of 12 per cent tapering down annual to 11 per cent in 3 years. However, it is yet to be implemented by the government.
Jindal Steel to double structural steel capacity at Raigarh plant
Jindal Steel to double structural steel capacity at Raigarh plant by 2028
The Financial Express
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Aluminium & Copper

📝  Copper rally driven by supply crunch, volume growth, not just prices: Anand Rathi
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Gold / Silver & Bullion

Silver prices fall Rs 21,000 per kg drastically to Rs 2.33 lakh on profit booking, day after sharp rally
After moving up, Silver March futures on MCX saw a steep decline on Monday, going down nearly Rs 21,000 per kg within an hour of afternoon trade to stop at an intraday low of Rs 2,33,120 per kg, as investors hurried to save their gains. 
Silver jumps ₹3,650 to hit fresh record of ₹2.40 lakh/kg; gold eases ₹500
Silver price hits Rs 2.54 lakh/kg on MCX, crosses $80/oz,: 3 factors powering the surge 
The Financial Express
Why gold, silver, copper tanked up to 13% after record morning rally?

Mumbai: After hitting life-time highs in the morning trade, precious metals-- gold and silver along with copper tanked up to 13% in the afternoon on Monday weighed down by the easing geopolitical tension (US president Donald Trump met his Ukrainian counterpart Volodymyr Zelenskyy to end the war) and China’s new export curbs on the white metal along with the higher margins imposed on silver futures contract by Western markets.
Gold, Silver to shine bright; Copper to consolidate in 2026: Goldman Sachs
 
Gold market: A record-breaking year of price surge and investor rush
 
📝  Why is silver outperforming gold in 2025? Solar panels, EV demand and these things fuel bull run
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Oil & Gas / OMCs

Crude Oil to remain under pressure in 2026 as oversupply outweighs geopolitical risks: Analysts
New Delhi: Crude oil markets are likely to remain under sustained pressure in 2026 as chronic oversupply, swelling inventories and modest demand growth outweigh geopolitical risks, giving prices range bound to bearish tone despite efforts by OPEC+ to defend price floors, analysts said.
With steep dip in crude price, India oil imports up 2.4%, but bill down 12%
 
KG-D6 additional profit dispute: RIL hopeful of early resolution
 
📝  Oil, gas block auction bid round deadline extended for third time
📝  Gulf Oil expands premium two-wheeler portfolio with launch of Syntrac engine oils
📝  Oil gains as investors weigh Middle East tensions
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Coal / Mining

Coal India production drops 3.7% in Apr-Nov FY26, first dip in six years
 
📝  India ranks 3rd in rare earth reserves, but trails in production due to structural bottlenecks in mining: Report
📝  Ferro alloys producer IMFA eyes critical minerals foray
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Power

Power grid ready to meet UP's investment needs: UPPTCL MD Mayur Maheshwari
 
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Renewable Energy

Denmark’s Baettr breaks ground on a capacity expansion at its wind turbine casting facility
Chennai: Baettr, the Danish renewable energy equipment manufacturing company, has broken ground on a capacity expansion at its wind turbine casting facility, located within its existing premises at the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) Industrial Park in Thervoy Kandigai, Gummidipoondi, near Chennai.
With offering of 50 new E&P blocks, India's energy sector reaches "transformative milestone": Hardeep Singh Puri
 
How energy flowed between hiccups and hope as solar stayed bright in 2025
 
Rajasthan govt to equip multi-storey buildings in state with solar energy
 
📝  Waaree Energies CEO Amit Paithankar resigns, board appoints Jignesh Rathod as replacement
📝  Record 44.5 GW renewable energy capacity added till November this year: MNRE
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