Market News Today

Japan's copper scrap market is a competitive seller's ecosystem. Ex-China buyers need long-term partnerships. Japan leads in quality ($8,112/mt average export price). Domestic smelter consumption rises, while exports and processing usage (down 8% by 2025) decline, tightening global supply.

TMT bar prices in India remained largely stable this week amid balanced demand from infrastructure and real estate sectors. Primary TMT prices witnessed steady bookings, while secondary TMT markets saw selective buying due to regional price variations. Raw material fluctuations and project-led demand continue to influence near-term market sentiment across India.

Gurugram's delayed Civil Lines Hospital project is advancing after state approvals. This expansion, pending since the 2019 demolition, aims to strengthen public healthcare access, reduce patient overload, and address urban infrastructure imbalance in the rapidly growing region.

Pune's railway network will eliminate all diamond crossings by end of 2026, following a derailment. This significant upgrade aims to boost operational safety, efficiency, and support future multimodal transport, modernizing ageing infrastructure.

Pune's civic body is digitally mapping 2,000 km of underground utilities, with 600 km underway, to modernize urban management, improve disaster preparedness, and streamline coordination. This initiative aims to create a unified database for critical infrastructure.

Delhi Development Authority opens ticketed parks and biodiversity zones for free morning access until 10 am. This encourages outdoor fitness and public use of green spaces, addressing health concerns and climate stress.

Pune begins citywide safety checks on private water tankers after fatal April crashes. Authorities will inspect for 360-degree surveillance and safety attendants, with penalties for non-compliance. The move addresses growing concerns over unregulated essential services and urban water dependency.

Delhi-NCR CNG prices rose, now above ₹79/kg in Delhi and ₹87/kg in NCR, deepening mobility costs. This hike pressures household budgets, transport operators, and may increase fares amid global energy market disruptions.

Thiruvananthapuram launches a 5-day digital fabrication programme at Fab Lab Kerala to boost hardware prototyping, maker economy, and local entrepreneurship. It aims to strengthen domestic manufacturing and bridge academic-industrial gaps.

Thiruvananthapuram's State Institute of Encyclopaedic Publications is launching a multilingual online encyclopaedia for Kerala, documenting districts, culture, and history. This community-driven digital platform shifts from print, enhancing public access to regional knowledge.