Top Indian Metal & Energy Industry News & Updates - 31 Dec 2025,Wednesday
Govt. Policy / Industry
📝 Need seamless coordination among ministries to bolster self-reliance in critical minerals: Parliamentary panel
📝 India emerges as key solar supplier to US, exporting almost 97% of solar modules in FY23-25: PL Capital
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Iron & Steel
Steel Exchange India to raise Rs 700 crore via preferential issue, QIP or public offer
Steel Exchange India is raising Rs 700 crore through a preferential issue, private placement, qualified institutional placement, or public issue. In an exchange filing, the company stated that its Board of Directors has approved a proposal to raise capital.
Low base, safeguard duty to prop steel output this financial year
Domestic steel production is slated to grow 10.5-11.5 per cent this fiscal, driven by a low base and the government’s protective trade measures, even as demand growth moderates to 7-8 per cent, after recording a double-digit rise over the past four years, and global markets remain flat.
📝 India imposes tariff on some steel products for three years to curb cheap imports
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Aluminium & Copper
Specialised copper products exempted from QCOs for a year
The government has exempted imports of specialised copper products used in the automotive, electrical and consumer industry from quality control orders (QCO) for a year till December 2026.
‘Next gold’ copper poised to rule higher in 2026 on slack supplies, higher demand
Chennai: Copper, which soared to a record high of nearly $13,000 a tonne last week on the London Metal Exchange (LME), will likely rule higher in 2026 due to slack supplies and higher demand.
📝 Hindustan Copper doubled money in 2025 after 40% rally in 8 days
📝 EU CBAM to crush aluminium,steel exporters’ margin
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Gold / Silver & Bullion
📝 Gold loans shine in India's credit mix, scaling 4x in three years: Report
📝 Deepa Jewellers files IPO papers with Sebi; aims to raise Rs 250 cr via fresh issue
📝 Silver touches Rs 2.41 lakh in Delhi markets
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Oil & Gas / OMCs
With US sanctions’ shadow on Rosneft, Lukoil, little-known intermediaries step in to supply Russian crude to India
📝 ‘No helmet, no petrol’ rule in Vizag from 2026
📝 Russian oil flows to India sink but Reliance may limit decline
📝 Oil prices retreat slightly; investors wary of Russia-Ukraine tensions
📝 India's petrochemical consumption growth to remain at 6-7% annually, capacity expansion to cut imports: Report
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Power
Kajra solar project in Bihar energises 132 kV transmission line
New Delhi: The 132 kV transmission line for power transmission and the 100 MVA, 33/132 kV capacity transformer of the plant at Kajra Solar Power Plant located in Lakhisarai district of Bihar have been successfully energised.
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Renewable Energy
Without storage, India's clean energy push will keep hitting limits
India emerges as key solar supplier to US, exporting almost 97% of solar modules in FY23-25: PL Capital
Tata Power commissions SJVN's 1 GW DCR solar project in Rajasthan
📝 Tata Power arm, Bengal Chamber sign pact to boost rooftop solar adoption among MSMEs in state
📝 Bihar govt commissions 1st phase of Rs 2,800 crore Kajra Solar Project
📝 Grew Solar wins Rs 2,000 crore solar module supply order from NTPC arm
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Economy
Rupee rebounds on RBI action and soft metal prices; closes at 89.79/dollar
The rupee ended on a stronger note today after late trade recovery at 89.79 against the US dollar. Analysts reported that the currency gained strength, supported by equity market inflows into banking and financial stocks.
Rupee, the worst-performing Asian currency in 2025
The Indian rupee saw a very volatile year in 2025. The domestic currency has depreciated around 5% in the year, marking it the highest depreciation in three years. It also remained as Asia’s worst-performing currency.
India overtakes Japan to become world’s fourth-largest economy; govt says will take over Germany within 3 years
The Government of India on Monday (December 29) announced via a press release that the country has now overtaken Japan to become the world’s fourth-largest economy. With a gross domestic product (GDP) valued at $4.18 trillion, India now ranks behind only the United States, China and Germany in terms of economic size.
Markets rangebound: Nifty ends near 25,900, Sensex muted – Here are key highlights
Indian equity benchmarks closed Tuesday’s trade on a subdued note. The Nifty 50 ended the day flat at 25,939, while the BSE Sensex fell 20 points or 0.02% to end at 84,675.
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