Top Indian Metal & Energy Industry News & Updates - 10 March 2026,Tuesday
Iron & Steel
Rajputana Stainless IPO opens today: From GMP to issue price, here are 5 ‘must know’ details
Rajputana Stainless IPO opened for subscription today, March 9. The issue will take the last bid on March 11. The company wants to raise a total of Rs 255 crores. Investors can bid for IPO shares between the price range of Rs 116 and Rs 122.
India's finished steel exports jump 36.6% in April-February period
📝 Rajputana Stainless IPO booked 30% on first day; GMP rises marginally. Check key details
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Aluminium & Copper
Aluminium hits near four-year high as Iran war fuels supply fears
Aluminum rose to the highest in almost four years as escalating hostilities in the West Asia worsened the supply outlook from the region, while copper and other industrial metals fell on falling risk appetite.
Nalco urges Odisha to speed land handover for ₹30,000 crore expansion
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Gold / Silver & Bullion
Silver dips 1.30 pc, gold eases marginally over stronger dollar
Silver slides Rs 3,400 to Rs 2.68 lakh/kg, gold stays flat on strong dollar
Millennium Post
Gold, silver ETFs trade with mild gains amid geopolitical uncertainty
Gold price falls ₹10 to ₹1,61,670; silver down ₹100, trades at ₹2,79,900
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Oil & Gas / OMCs
Petrol price hike imminent ? Retailers may lose 15,000 cr a month
State-run oil marketing companies (OMCs) could incur losses of Rs 10,000-15,000 crore a month unless they raise retail fuel prices or receive government support, analysts said, assuming the Indian basket of crude is around $100 a barrel.
West Asia conflict could boost palm oil demand from biodiesel sector
Rising crude oil prices and higher freight rates driven by the Middle East conflict could boost demand for palm oil from the biodiesel sector and for food use, as Asian buyers seek prompt shipments, industry officials told Reuters.
Crude prices falls 6% as Trump signals Iran war may end soon
Oil prices fell on Tuesday after hitting their highest level in more than three years in the prior session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
GAIL seeks LNG cargo for March delivery
India’s largest gas distributor, GAIL, has issued a tender seeking a cargo of liquefied natural gas (LNG) for delivery in March, as the conflict in the Middle East curtailed shipping and halted Qatari output.
GAIL signs MoU with RailTel to build digital infrastructure backbone
GAIL (India) Limited on March 5, 2026 signed a Memorandum of Understanding with RailTel Corporation of India Limited to collaborate on digital infrastructure development, the state-owned gas utility announced on Monday.
No immediate hike in petrol, diesel prices despite crude crossing $100/barrel
No immediate increase in petrol and diesel prices: Govt sources
ACDelco makes India comeback as Assurance Intl signs licensing deal with General Motors
GM's ACDelco re-enters India via licensing pact with Assurance Intl
Global bond markets plunge as oil surge towards $120 prompts rate hike bets
Crude oil prices spike near $120 a barrel as Iran war impedes production
LPG constraints: India's auto industry braces for impact on production
New Delhi: The Indian automobile industry is bracing for possible production disruptions as the government moves to prioritise petroleum gases for domestic cooking fuel amid the continuing conflict in West Asia, industry executives told Business Standard on Monday.
How India can kick the West Asian oil habit by boosting ethanol use
Crude price rise may not substantially impact inflation: FM Sitharaman
How India can kick the West Asian oil habit by boosting ethanol use
📝 Global crude price rise not to have substantial impact on inflation: Sitharaman
📝 Fuel prices unlikely to increase unless crude oil breach USD 130 per barrel, say Govt sources; LPG booking period increased to 25 days
📝 Domestic oil companies’ stocks tumble up to 9 pc as crude crosses $100 a barrel
📝 Petrol, diesel prices remain frozen despite crude oil surge government says
📝 India will not raise petrol prices despite global crude headwinds: Government sources
📝 U.S. urged India to buy Russian oil already at sea to ease supply : Energy Secretary Chris Wright
📝 OMCs may fight off raging fire in pump prices
📝 Crude oil futures zoom over 26% to hit record high of Rs 10,549/ barrel
📝 Competition Commission of India probe exposes cement cartel in Oil and Natural Gas Corporation tenders
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Coal / Mining
India's coal production may reach 1.5 billion tonnes by FY30: Kishan Reddy
Over 24,000 MW coal, lignite-based power capacity in planning stages: Govt
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Power
Feb power demand rises to 16-year high as temperatures climb
India’s electricity consumption rose to about 133 billion units (BUs) in February, the highest level for the month since at least 2010, as above-normal temperatures across several regions pushed up cooling demand, according to a report by Crisil Intelligence.
📝 Tata Power invests initial Rs 50 crore in Bhutan Hydel Project
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Renewable Energy
📝 State finalises renewable energy policy: Targets, funding, and incentives for solar & EVs
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