Top Indian Metal & Energy Industry News & Updates - 15 April 2026,Wednesday

Govt. Policy / Industry

Mines Ministry amends pricing norms for lower-grade iron ore to make their usage economical
The Ministry of Mines on Tuesday (April 14, 2026) amended the pricing norms for lower grade of iron ore seeking to make their extraction and eventual utilisation by industries, such as steel industry, more economical.
Govt notifies pricing framework for low-grade iron ore to boost output
 
📝  Govt nudge sees 10L consumers convert to PNG
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Iron & Steel

India leads steel demand growth as global outlook weakens: Report
 
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Aluminium & Copper

Aluminium’s MSME-led growth opportunity
In recent years, the Government of India has placed strong emphasis on strengthening MSMEs as a central pillar of its economic strategy, particularly in the context of achieving its $5 trillion economy ambition and longer-term vision of becoming a developed economy by 2047. MSMEs are expected to play a critical role in this journey by driving manufacturing growth, exports, employment and regional development. This policy intent has been reflected through multiple schemes, credit initiatives and institutional support mechanisms aimed at enabling MSMEs to scale. In this context, the Parliamentary Standing Committee on Industry, in its 333rd Report on the Demands for Grants (2026-27) of the Ministry of MSME presented to Parliament on March 11, 2026, provides an important and timely assessment that focuses on the effectiveness of MSME policy implementation and outcomes on the ground.
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Gold / Silver & Bullion

Five jewellery firms defer IPO plans as market conditions turn bearish
Mumbai: Plans by five jewellery companies to hit the market with initial public offers (IPOs) worth ₹3,840 crore have been delayed, as weak market conditions and bearish sentiment in the primary market are holding back new issuances.
India's gems, jewellery exports dip 35 per cent in March on US-Iran conflict: GJEPC
India’s gems and jewellery exports plunge 35% in March amid weak demand
Gold price climbs ₹10 to ₹1,53,940; silver down ₹100, trading at ₹2,54,900
 
📝  Gold, silver rebound as oil slips below $100; MCX closed for morning session for Ambedkar Jayanti
📝  Gold loan delinquency rates send red signal
📝  Gold ETFs attract ₹31,561 crore in March quarter amid geopolitical tensions
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Oil & Gas / OMCs

Oil prices hit record high in March as refiners try to replace West Asian grades: IEA
The International Energy Agency (IEA) has said that crude oil prices recorded their highest monthly gain in March 2026, with North Sea Dated trading at $130 per barrel, as refiners scramble to replace West Asian grades.
Russian crude oil imports rebound in March as PSU refiners lift record volumes
India’s crude oil imports from Russia surged in March 2026, on a monthly basis, as State-run refiners more than doubled their purchases of the geo-politically sensitive commodity from Moscow.
Crude oil prices at $130 could unsettle growth outlook: S&P Global
 
OMCs losing ₹18/litre on petrol, ₹35 on diesel amid price freeze: Macquarie
 
India eyes price stabilization fund for petrol, diesel, LPG
New Delhi : India is considering creating a financial buffer for petroleum products such as petrol, diesel and LPG (liquefied petroleum gas) to manage supply disruptions and global price volatility, according to two people aware of the development.
📝  India's March crude import bill falls 4%, but up 4x from Russia
📝  Crude shock triggers oil demand drop as IEA flags West Asia war supply crisis
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Coal / Mining

📝  Plants built for imported coal being tested for local blends
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Power

SEIL Energy India will not diversify for optics: CEO
Hyderabad: SEIL Energy India Limited, wholly-owned by Tanweer Infrastructure SAOC, is open to evaluating well-performing assets going through IBC resolutions.
📝  Adani Energy commissions 1,000 MW power link in Mumbai
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Renewable Energy

India set to emerge as world's 2nd largest solar market in 2026: NSEFI
India set to emerge as world’s 2nd largest solar market in 2026: NSEFI
GAIL to invest ₹3,800 cr in 700 MW solar projects in UP, Maharashtra
 
📝  Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K crore EV
📝  ‘Focus is on scaling high-quality assets;’ Q&A with Srivatsan Iyer, Global CEO, Hero Future Energies
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International

Copper hits 6-week high on peace talks prospects
London: Copper prices scaled their highest in six weeks on optimism about the possibility of US-Iran peace talks restarting and due to a weaker dollar. Benchmark three-month copper on the LME rose 0.8 per cent to $13,161 a tonne by 0945 GMT.
Global steel demand due to rise 0.3% in 2026, World Steel Association says
Source Credit: Reuters, The Hindu Business Line
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