Top Indian Metal & Energy Industry News & Updates - 21 Nov 2025,Friday
Govt. Policy / Industry
Core sector growth hits 14-month low in October as coal and power output slip
📝 Budget 2026: Mining industry seeks nil export duty on low-grade bauxite
📝 Steel Ministry eases imports, extends quality control order exemption
📝 Govt extends exemption from quality norms compliance for certain steel, stainless steel grades until March
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Iron & Steel
Steel import registration now easier
The Ministry of Steel has introduced a simplified registration facility called ‘SARAL SIMS’ under the Steel Import Monitoring System (SIMS), effective from November 21.
📝 Man Industries, Aramco Asia India sign MoU to set up steel pipe unit in Saudi Arabia
📝 Steel sector norms: Government extends exemption from quality compliance; here's the next deadline
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Aluminium & Copper
FIMI pushes for 15% aluminium duty, flags import surge, poor-quality scrap
📝 Miners’ industry body calls for increasing basic custom duty on aluminium imports to 15%
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Gold / Silver & Bullion
📝 Indian Diamond Processors to Buy Roughs Directly from Botswana
📝 Gold declines Rs 600 to Rs 1,26,700 per 10g on dollar strength, weak global cues
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Other Metals
📝 Core infra output stagnates; worst performance in 14 months
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Oil & Gas / OMCs
Russian oil loadings for India plunge as sanctions hit today
India’s crude imports from Russia have remained strong this month but fresh loadings of oil cargo — that will land in the country in the coming weeks — have plunged ahead of the November 21 deadline for the US sanctions to take effect.
Reliance stops importing Russian crude for refinery operations
Reliance Industries stops Russian crude imports for refinery operations
The Financial Express
📝 US crude stocks fall on higher demand, fuel inventories rise, EIA says
📝 Oil rebounds as deadline on US sanctions waiver looms
📝 Crude oil loadings from Russia to India dip to lowest level since Oct 2022
📝 IndianOil commences first-ever export of LNG to Nepal, informs Petroleum Minister Hardeep Puri
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Power
📝 Power Mech Projects seeks shareholders' nod to raise borrowing limit to Rs 7,500 crore
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Renewable Energy
India's solar module sector faces shake-up as overcapacity looms, ICRA analysts say
RE share in power generation to cross 35% by 2030: Icra
The Financial Express
GREW Solar wins 'Solar Energy manufacturer of the Year 2025' at the Go Global Awards
Source Credit: PTI, The Tribune
India's Solar Component market: benefits of local sourcing
📝 Renewable energy companies urged to show records on transfer of benefits from GST cuts
📝 Heatwave-linked surge in power demand may deepen India's fossil-fuel dependence: Report
📝 ACME Solar Holdings commissions additional 16MW of Gujarat wind power project
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International
📝 MP Materials to form rare-earth refining JV with Saudi Arabian Mining Company
📝 Iron ore retreats from two-week high with supply glut concerns in focus
📝 Lithium price rebound lifts SQM profits and demand outlook
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