Page 6 - Saket Kumar

MSME copper recyclers face shutdown risk amid West Asia conflict

Units warn of permanent shutdowns and curtailed operations as West Asia conflict disrupts scrap supply, raises costs, and strains liquidity; government relief sought

India, Russia explore deeper steel sector cooperation at joint round table

Both sides reviewed existing engagements and discussed expanding cooperation across the steel value chain and related industries, according to an official statement

Coal Ministry to launch 15th round of commercial mine auctions on April 17

Coal Ministry to launch 15th auction round of commercial coal mines on April 17, aiming to boost domestic supply, attract investments and strengthen India's energy security

Govt to launch 15th round of commercial coal mine auctions on April 17

The government will launch the 15th round of commercial coal mine auctions in Mumbai, aiming to boost domestic supply, attract investment, and strengthen energy security

Govt notifies pricing norms for low-grade iron ore to boost production

The Centre has introduced a pricing mechanism for low-grade iron ore to make beneficiation viable, reduce royalty burden and ensure steady supply to the steel industry

India leads steel demand growth as global outlook weakens: Report

West Asia conflict is expected to drag steel demand in key regions, while India remains the fastest-growing major market supported by infrastructure push and consumption trends

West Asia crisis: Export of recycled metals hit as war-risk charges persist

Indian exporters continue to face steep war-risk and freight charges despite a ceasefire, with rising logistics costs eroding margins and disrupting supply chains

Easier exploration norms to speed up auctions of felspar, mica, quartz

Govt proposes easing exploration norms to fast-track auctions of felspar, mica and quartz, while retaining stricter rules for critical minerals

Govt finalising policy to build domestic critical minerals value chain

Policy aims to build domestic processing capacity for critical minerals, reduce import dependence and strengthen supply chains for EV batteries and manufacturing

CIL absorbs surge in input costs to shield coal users from price hike

CIL said that any pass-through of these rising input costs could have a cascading effect on the economy, particularly on power and industrial users dependent on coal

BCCL halts Dhanbad mining after agitation; operations stalled since April 2

Operations stalled since April 2 at ABOCP mine in Dhanbad as BCCL alleges illegal disruption by local persons and files FIR; production and dispatch activities remain halted

West Asia conflict: Gas shortage fires up CIL's e-auction premiums to 35%

Coal India's e-auction premium rose to about 35 per cent in February 2026 as gas shortages linked to the West Asia crisis pushed industrial users towards coal

CIL to invest ₹3,300 crore in 8 coking coal washeries to cut imports

Coal India will invest Rs 3,300 crore to set up eight coking coal washeries by FY2030, aiming to improve coal quality, reduce imports and support domestic steel production

West Asia crisis hits scrap imports, drives up costs: Recycling industry

Freight cost surge, insurance pullback and port shutdowns disrupt supplies; aluminium scrap prices jump

Jindal Stainless commissions Indonesia melt shop, plans ₹900 cr capex

Jindal Stainless has commissioned a 1.2 MTPA melt shop in Indonesia and plans Rs 900 crore investment to expand downstream cold rolling capacities

Hindustan Power secures LoI for platinum exploration block in MP

Hindustan Power has secured an LoI for a platinum group elements block in Madhya Pradesh, marking its entry into critical minerals exploration and diversification

States must act against profiteering in retail coal market, says minister

Coal minister urges states to check retail profiteering amid rising prices during the West Asia crisis; Centre launches seventh tranche of critical mineral auctions

Aluminium extrusion industry seeks Covid-style relief after shutdowns

Writes to three ministries flagging MSME stress; seeks lower interest rates, loan moratorium, and working capital support amid shutdowns and fuel supply disruptions

Rise in industrial diesel price hits sugar mills and mining sector

Sharp rise in industrial diesel prices raises transport and input costs, putting pressure on sugar mills' cash flows and mining operations across sectors

Fuel crisis shuts aluminium extrusion plants amid West Asia conflict

LPG supply dries up, PNG cuts and rising input costs disrupt operations, forcing plant shutdowns and slashing output as firms struggle to service loans