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What helped the world survive the biggest oil shock in decades?

What helped the world survive the biggest oil shock in decades?

India joins race to bypass the world’s biggest oil chokepoint

India joins race to bypass the world’s biggest oil chokepoint

Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer prices

Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer prices

Hiking capex not enough, boost oil output, expand strategic reserves faster—House panel to govt

Hiking capex not enough, boost oil output, expand strategic reserves faster—House panel to govt

India buys 4m barrels Nigerian crude amid US-Iran crisis

India buys 4m barrels Nigerian crude amid US-Iran crisis

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

India Remains Dependent on Imports for 90% of Oil Demand

India Remains Dependent on Imports for 90% of Oil Demand

Shipping Through Hormuz Drops Sharply as Tensions Rise

Shipping Through Hormuz Drops Sharply as Tensions Rise

China’s real oil demand masked by rise of unlicensed fuel trade: sources

China’s real oil demand masked by rise of unlicensed fuel trade: sources

Saudi Aramco cuts Arab Light crude price to Asia for September

Saudi Aramco cuts Arab Light crude price to Asia for September

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

China’s Crude Imports Bounce Back After Historic June Slump

China’s Crude Imports Bounce Back After Historic June Slump

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

INSIGHT: Rising costs, weak demand weigh on Asia automakers

INSIGHT: Rising costs, weak demand weigh on Asia automakers

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Demand Remains Weak; Galvanizing Operations Edge Down [SMM Galvanizing Weekly Review]

Demand Remains Weak; Galvanizing Operations Edge Down [SMM Galvanizing Weekly Review]

Downstream enterprises turned cautious due to high prices, and spot premiums pulled back [SMM Shanghai Spot Weekly Review]

Downstream enterprises turned cautious due to high prices, and spot premiums pulled back [SMM Shanghai Spot Weekly Review]

Market Demand Is Sluggish, Die-casting Zinc Alloy Operating Rate Continues to Decline [SMM Die-casting Zinc Alloy Weekly Review]

Market Demand Is Sluggish, Die-casting Zinc Alloy Operating Rate Continues to Decline [SMM Die-casting Zinc Alloy Weekly Review]

The SHFE/LME zinc price ratio consolidated at lows near 6.8 [SMM SHFE/LME Zinc Price Ratio Weekly Review]

The SHFE/LME zinc price ratio consolidated at lows near 6.8 [SMM SHFE/LME Zinc Price Ratio Weekly Review]

Latest Market News Of Mild Steel

Daily Report News

Jindal plans to set up steel unit in Maharashtra

Jindal plans to set up steel unit in Maharashtra

Jindal Stainless is actively identifying a site in Maharashtra for its upcoming 4-million-tonne

69

Sub-standard steel in skywalk, drain projects? Noida orders quality tests

Sub-standard steel in skywalk, drain projects? Noida orders quality tests

timesofindia.indiatimes.com

Noida Authority orders steel quality tests for Sector 51-52 skywalk and RCC drain, withholds contractor payments pending IIT/Shri Ram Institute reports.

1120

Hyderabad Srisailam Reservoir Holds Steady as Inflows Ease

Hyderabad Srisailam Reservoir Holds Steady as Inflows Ease

Srisailam reservoir water level reached 878.20 feet with 178 TMC storage as inflows eased to 36,233 cusecs. Authorities continue downstream releases and hydropower generation amidst active monsoon conditions.

22

Hyderabad Emerges as Testbed for Sustainable AI

Hyderabad Emerges as Testbed for Sustainable AI

Hyderabad's rapid AI and data center expansion drives economic growth but creates infrastructure challenges, demanding sustainable management of electricity, water, and land resources to ensure long-term resilience.

Hyderabad Revenue Sparks Debate Over City Investment

Hyderabad Revenue Sparks Debate Over City Investment

A political debate has emerged in Telangana over urban fund allocation, as critics claim Hyderabad contributes roughly 70% of state revenue but receives under 5% in direct development spending.

Hyderabad Raxaul Express Restored After Railway Block

Hyderabad Raxaul Express Restored After Railway Block

Infrastructure & Construction

The Hyderabad-Raxaul Express (Trains 17005 and 17006) has resumed operations for specific dates in October and November following the completion of track maintenance work in the Chakradharpur division.

Hyderabad Land Disputes Put Property Transfers on Hold

Hyderabad Land Disputes Put Property Transfers on Hold

Infrastructure & Construction

Over 2.2 lakh acres of private land in Telangana are trapped in the prohibited-property list, halting 20,000 transfer applications and stalling urban property markets amid legal disputes and historical record discrepancies.

52

Hyderabad Property Market Hits New Value Milestone

Hyderabad Property Market Hits New Value Milestone

Infrastructure & Construction

Hyderabad led Indian residential property sales with ₹4.78 lakh crore from 2021 to 2025, surpassing Mumbai, driven by high-income housing demand, though affordability and infrastructure challenges persist.

86

At least nine injured in steel plant blast in Jharkhand's Ramgarh: Official

At least nine injured in steel plant blast in Jharkhand's Ramgarh: Official

A furnace explosion at a Jharkhand steel plant injured at least nine workers, with two in critical condition.

1019

Hyderabad Unveils India’s Largest Digital OOH Screen

Hyderabad Unveils India’s Largest Digital OOH Screen

Infrastructure & Construction

Hyderabad unveiled India's largest 8K digital OOH screen spanning 586 square metres at SAS iTower, featuring anamorphic advertising to boost immersive commercial visibility and flexibility across the growing business corridor.

92

Mild Steel Prices

Secondary TMT

Fe 500

10-25 mm

EX - Bangalore

Secondary TMT

Fe 500

10-25 mm

EX - Jalna

Secondary TMT

Fe 500

10-25 mm

EX - Chennai

Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

Fe 500

10-25 mm

EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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