Top Indian Metal & Energy Industry News & Updates - 04 July 2025,Friday
Govt. Policy / Industry
Indian Chamber of Commerce hosts 14th India Minerals and Metals forum, focuses on green steel and circular economy
Source Credit:ANI, The Tribune
CII recommends automatic mining rights, viability gap funding and FTAs to boost India's critical minerals sector
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Iron & Steel
Tata Steel eyes UK turnaround, profit this year or next: Natarajan Chandrasekaran
The British business, which has been the Achilles’ heel of Tata Steel, is expected to perform ‘much better’ this year and may become profitable ‘this year or next’, Tata Group chairman Natarajan Chandrasekaran assured the shareholders on Wednesday.
Jindal Steel Chhattisgarh Ltd signs MoU with state government for projects worth Rs 105358 crore
Raipur: Jindal Steel Chhattisgarh Ltd, a unit of industrial powerhouse JSPL with a presence in steel, mining and power, has inked a significant memorandum of understanding (MoU) with the Chhattisgarh government for multiple projects.
📝 Stainless steel industry calls for safeguard measures to protect local players
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Gold / Silver & Bullion
Gold jumps Rs 450 to Rs 99,620/10 g; silver rallies Rs 1,000
📝 Malabar Gold sets up new manufacturing facility in Hyderabad
📝 RBI holds steady on gold purchases amid price forecast and geopolitical tensions
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Other Metals
Hindustan Zinc launches inclusive language guide to promote workplace equity
Hindustan Zinc has introduced a Guidebook to inclusive language aimed at promoting equity and inclusivity within the workplace. The guide, launched under the company’s Zinclusion platform, serves as a framework to encourage respectful communication and greater awareness across all levels of the organisation.
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Oil & Gas / OMCs
Crude oil Imports dip slightly in June; Russia remains top supplier
India imported 4.66 million barrels per day (mbd) of crude oil and condensates in June 2025, slightly down from 4.72 mbd in May, according to data from shipping analytics firm Vortexa.
Crude price can fall below $60 a barrel by 2025-end: S&P Global
Crude oil prices are expected to fall below $60 a barrel by the end of 2025, driven by robust supply and subdued global demand, according to S&P Global.
ONGC signs pact with Japan's Mitsui for ethane carriers
ONGC orders two ethane carriers from Japan’s top shipbuilder
The Financial Express
Evolt soft technologies expands EV charging management software to power global electric mobility networks
📝 Delhi HC seeks reply on plea against fuel retailer penalties
📝 India's GSPC seeks LNG cargo for August delivery: Sources
📝 Jaishankar reacts to 500% US tariff threat over Russian oil; Says 'will have to cross that bridge when we come to it'
📝 Oil slips after report of likely US-Iran talks
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Coal / Mining
📝 MOIL reports record 5 lakh tonnes manganese ore production in Q1
📝 NMDC explores overseas acquisitions of critical mineral blocks to boost global play
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Power
NTPC Mining Limited Supports Renovation of Hazaribag’s Shaheed Smarak under CSR Initiative
📝 Telangana SPVs pay critical dues, avoid NPA tag
📝 Tata is said to be in talks to buy out investors in Resurgent
📝 GVK Power lenders to restart IBC process
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Renewable Energy
Is Suzlon back for good with rising orders, profits and zero debt?
Suzlon was reeling under massive debt, corporate governance issues, and declining significance in the past. However, it has staged a recovery that few could have predicted.
IFL Enterprises to venture into waste management, green energy projects
Mumbai: IFL Enterprises, engaged in import and export of agriculture commodities, plans its entry in Organic Waste Management & Recycling and Green Energy Power plant Contracting. The new ventures are part of the company’s strategic plan to diversify its portfolio and tap into emerging and high-demand sectors. The company aims to tap into India’s emerging green economy by exploring service offerings in eco-friendly infrastructure development and renewable energy contracting, including solar and wind power plant design, construction, and operations.
Tata Power Renewables commissions record 752 MW of solar projects in Q1 FY26
Tata Power’s renewable push: Commissions 752 MW of solar power projects in 2025
The Financial Express
Adani Green Energy crosses 15k MW renewable capacity
‘Solar’ shutdown on Thursday against draft Kerala Solar Energy Policy
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