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Coal Holds Near 1-Month High

Coal Holds Near 1-Month High

Thermal coal futures hovered near a one-month high at $131 per tonne in late July, driven by ongoing supply concerns in Indonesia after hitting a four-month low in June.
Looking inward may not strengthen India’s steel industry for global competition

Looking inward may not strengthen India’s steel industry for global competition

Indian steelmakers are pivoting to the domestic market to offset weaker exports, but cheap Chinese steel priced $52-$63 lower per ton makes it difficult to absorb the diverted output.
Iron Ore Rises After 2-Week Lows

Iron Ore Rises After 2-Week Lows

Iron ore futures recovered above CNY 750 per ton after touching two-week lows, driven by resilient Chinese steel production and robust import demand despite ongoing property sector weakness.
India's oil routes under pressure as second West Asia chokepoint shuts

India's oil routes under pressure as second West Asia chokepoint shuts

India's oil supply faces severe pressure as closures of the Bab al-Mandeb Strait and Strait of Hormuz disrupt crude transport, forcing tankers to make U-turns amid rising West Asian conflicts.
Dutch, UK gas contracts push higher as persistent Red Sea strikes buoy premium

Dutch, UK gas contracts push higher as persistent Red Sea strikes buoy premium

European wholesale natural gas prices rose about 1% on Thursday as persistent maritime strikes in the Middle East and delayed liquefied natural gas flows weighed on supply prospects.
Gulf oil producers race to build alternatives to the Strait of Hormuz as oil nears $100

Gulf oil producers race to build alternatives to the Strait of Hormuz as oil nears $100

As oil nears $100, Gulf producers are rushing to build alternatives to the Strait of Hormuz, a critical chokepoint through which approximately 15 million barrels of oil previously passed daily.
Kolkata Infrastructure Prospects Rise With Investment Signals

Kolkata Infrastructure Prospects Rise With Investment Signals

Renewed investment interest in West Bengal aims to boost Kolkata's infrastructure, logistics, and manufacturing sectors, driving long-term regional economic growth and improving urban transport networks.
West Bengal Smart Border Fence Gains Momentum

West Bengal Smart Border Fence Gains Momentum

Construction of a smart border fence along a 172.6-kilometre India-Bangladesh stretch in West Bengal gathers pace after transferring over 1,000 acres of land, integrating advanced surveillance technologies to enhance security.
Kolkata Energy Upgrade Backs Smarter Power Network

Kolkata Energy Upgrade Backs Smarter Power Network

West Bengal secured fresh investment to accelerate the rollout of over 2.2 million smart electricity meters, enhancing power distribution, reducing electricity losses, and modernizing urban infrastructure in Kolkata.
Mumbai Schools Stay Open Amid Monsoon Warning

Mumbai Schools Stay Open Amid Monsoon Warning

Mumbai schools and colleges will remain open despite persistent monsoon showers, as weather forecasts under a Yellow Alert stay below the threshold required for a citywide suspension of educational activities.

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