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Weekly Market Outlook : Iron Ore’s Standoff (29 June – 3 July 2026)

Weekly Market Outlook : Iron Ore’s Standoff (29 June – 3 July 2026)

From June 29 to July 3, 2026, the iron ore market faces a supply-heavy, demand-weak stalemate. Prices are expected to remain range-bound and sideways, with producer resistance creating a floor despite fundamental pressure.
Coal India achieves 21% of FY27 output target; Output struggles in June but offtake surprises

Coal India achieves 21% of FY27 output target; Output struggles in June but offtake surprises

Coal India achieved 21% of its FY27 output target, with June output struggling but offtake surprising. Production is typically sluggish in H1 due to monsoons, expected to catch up in H2.
Soybeans Remain Near 4-Month Lows

Soybeans Remain Near 4-Month Lows

Soybean futures remained below $11.2 per bushel, near 4-month lows since early February. This follows USDA projections of larger stockpiles and a sharp increase in US plantings.
UK Gas Prices at Over 2-Week High

UK Gas Prices at Over 2-Week High

UK natural gas prices reached a two-week high of 105.7 pence a therm on July 1st. The increase is linked to traders awaiting developments in US–Iran talks, influencing market dynamics.
EU Cuts South Korea’s Steel Quota

EU Cuts South Korea’s Steel Quota

The EU cut South Korea's tariff-free steel quota by 510,000 tons due to new import regulations. In response, South Korea's government is boosting domestic demand through customs and logistics support.
EU allocates steel import quotas to trading partners to curb import surge

EU allocates steel import quotas to trading partners to curb import surge

EU implements new steel import quotas from July 1 to curb surges, offering preferential treatment to trade agreement partners.
Northwest European gasoline margins hit four-year high

Northwest European gasoline margins hit four-year high

Northwest European gasoline refining margins surged 75 cents to $35.43 per barrel on Tuesday, hitting a four-year high. Supply concerns drove this increase, reaching levels not seen since mid-2022.
Ahmedabad AC Amrit Bharat Link Proposed

Ahmedabad AC Amrit Bharat Link Proposed

Indian Railways proposes the first fully AC Amrit Bharat Express (Ahmedabad-Bhagalpur), a weekly service to boost western-eastern India connectivity. It's Gujarat's second Amrit Bharat train, enhancing travel quality. Official approval is awaited.
Mumbai Ahmedabad Bullet Train Gains Momentum

Mumbai Ahmedabad Bullet Train Gains Momentum

Mumbai-Ahmedabad Bullet Train construction accelerates, with significant progress in tunnels, bridges, and urban sections. This high-speed rail project promises enhanced regional connectivity, economic benefits, and sustainable transport, showcasing advanced engineering in India.
Ahmedabad Hotels Accelerate Digital Booking Transformation

Ahmedabad Hotels Accelerate Digital Booking Transformation

Ahmedabad hotels accelerate digital transformation, adopting integrated channel management platforms to boost online visibility, streamline reservations, optimize revenue, and enhance competitiveness in India's growing hospitality sector.

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