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Copper Prices Supported by Supply Concerns

Copper Prices Supported by Supply Concerns

Consumption remains sluggish, Shanghai spot copper premiums fall under pressure [SMM Shanghai spot copper]

Consumption remains sluggish, Shanghai spot copper premiums fall under pressure [SMM Shanghai spot copper]

Widening Price Difference Between Copper Cathode Rod and Secondary Copper Rod Stimulates End-Use Demand Recovery [SMM Secondary Copper Daily Report]

Widening Price Difference Between Copper Cathode Rod and Secondary Copper Rod Stimulates End-Use Demand Recovery [SMM Secondary Copper Daily Report]

Copper social inventory edged up slightly, high copper prices weighed on downstream demand [SMM weekly data]

Copper social inventory edged up slightly, high copper prices weighed on downstream demand [SMM weekly data]

Guangdong Zinc: zinc prices continued to rise, market transactions were difficult [SMM Midday Review]

Guangdong Zinc: zinc prices continued to rise, market transactions were difficult [SMM Midday Review]

Ningbo zinc: Downstream enterprises are deterred by high prices and remain on the sidelines, resulting in weak spot zinc trading [SMM Midday Review]

Ningbo zinc: Downstream enterprises are deterred by high prices and remain on the sidelines, resulting in weak spot zinc trading [SMM Midday Review]

IOCL, MRPL Secure 5 Million Barrels Crude Amid Supply Risks

IOCL, MRPL Secure 5 Million Barrels Crude Amid Supply Risks

Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades

Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades

ONGC Videsh gets licence to operate upstream oil, gas projects in Venezuela

ONGC Videsh gets licence to operate upstream oil, gas projects in Venezuela

Petrochemical Markets Caught Between Geopolitics and Weak Demand

Petrochemical Markets Caught Between Geopolitics and Weak Demand

OUTLOOK: European naphtha, gasoline markets look beyond crude to product fundamentals

OUTLOOK: European naphtha, gasoline markets look beyond crude to product fundamentals

Govt accelerates Vadhavan Port Project to transform India’s Maritime Landscape

Govt accelerates Vadhavan Port Project to transform India’s Maritime Landscape

EIR Still Sees Oil at $100 in H2, 2027

EIR Still Sees Oil at $100 in H2, 2027

Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision

Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision

China Eases Fuel Export Curbs as Global Supply Crunch Deepens

China Eases Fuel Export Curbs as Global Supply Crunch Deepens

'Hormuz deal with Iran today' Oil slips below $80 on truce hope

'Hormuz deal with Iran today' Oil slips below $80 on truce hope

Oil extends decline on easing Mideast geopolitical tension

Oil extends decline on easing Mideast geopolitical tension

LME zinc ingot inventory keeps falling, and bulls add positions, lifting LME zinc [SMM Zinc Morning Meeting Summary]

LME zinc ingot inventory keeps falling, and bulls add positions, lifting LME zinc [SMM Zinc Morning Meeting Summary]

US-Iran Talks Show Progress, Oil Prices Pull Back to Boost Copper Prices, High Copper Prices Suppress Downstream Purchases, Premiums Under Pressure [SMM Copper Morning Meeting Minutes]

US-Iran Talks Show Progress, Oil Prices Pull Back to Boost Copper Prices, High Copper Prices Suppress Downstream Purchases, Premiums Under Pressure [SMM Copper Morning Meeting Minutes]

Japan’s oil reserves rise to 202 days despite Iran conflict

Japan’s oil reserves rise to 202 days despite Iran conflict

Latest Market News Of Mild Steel

Daily Report News

China’s steel industry body calls for wider use of a yuan-denominated iron ore price index as alternative to dollar-based benchmarks

China’s steel industry body calls for wider use of a yuan-denominated iron ore price index as alternative to dollar-based benchmarks

Hellenic Shipping

China's main steel industry body urges wider adoption of a yuan-denominated iron ore price index as a transparent alternative to dollar-based benchmarks to curb speculation and reflect market demand.

Copper Rises to Record High

Copper Rises to Record High

Hellenic Shipping

Copper futures surged to a record high of over $6.7 per pound on Thursday, driven by increasing concerns over tight supply and strong demand in the market.

33

Argentine soybean oil market shakes off pilot strike, prices tick higher

Argentine soybean oil market shakes off pilot strike, prices tick higher

Hellenic Shipping

Argentina's soybean oil market showed resilience, with prices ticking higher despite a four-day maritime pilot strike ending August 5 that temporarily disrupted Paraná River ship movements and agricultural exports.

European naphtha, gasoline markets look beyond crude to product fundamentals

European naphtha, gasoline markets look beyond crude to product fundamentals

Energy & Petroleum

Hellenic Shipping

European naphtha and gasoline markets will remain well supported through the second half of 2026 as tight refined product balances outweigh improving crude availability.

42

Chennai Commercial Hub Secures Major Construction Boost

Chennai Commercial Hub Secures Major Construction Boost

Infrastructure & Construction

Chennai's commercial real estate sector received a major boost with a ₹670 crore civil construction contract for a modern office project, highlighting sustained investor confidence and business infrastructure growth.

25

Ahmedabad Bullet Rail Power Line Wins Clearance

Ahmedabad Bullet Rail Power Line Wins Clearance

The Bombay High Court approved forest land diversion for the high-speed rail power line, mandating strict ecological safeguards, including planting over 26,000 mangrove saplings and native trees for restoration.

19

Ahmedabad Flight Delay Follows Technical Safety Check

Ahmedabad Flight Delay Follows Technical Safety Check

An Ahmedabad-bound flight was delayed for over three hours at Jaipur airport after a technical anomaly prompted precautionary deboarding of more than 70 passengers, prioritizing aviation safety standards.

1116

Ahmedabad Chandola Lake Redevelopment Restarts After Rain Pause

Ahmedabad Chandola Lake Redevelopment Restarts After Rain Pause

Infrastructure & Construction

Redevelopment work at Ahmedabad's Chandola Lake has resumed following weather-related delays, focusing on public amenities, pedestrian infrastructure, and landscape improvements to enhance urban liveability.

1219

Ahmedabad Parking Policy Opens Private Spaces For Public Use

Ahmedabad Parking Policy Opens Private Spaces For Public Use

Infrastructure & Construction

Ahmedabad launched a revised parking policy enabling private property owners to register unused land for public parking, collect direct fees, and help ease urban traffic congestion.

1112

Chennai Budget Expands Metro And River Revival

Chennai Budget Expands Metro And River Revival

Energy & Petroleum

Tamil Nadu's budget prioritizes urban mobility and environmental restoration, announcing new metro lines, 1,000 electric buses, road maintenance, and the long-term rejuvenation of Chennai's rivers to support sustainable regional growth.

Mild Steel Prices

Secondary TMT

Fe 500

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Secondary TMT

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10-25 mm

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Secondary TMT

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10-25 mm

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Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

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EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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