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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

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

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.
Abhitech Energycon recognised by DSIR for in-House RandD centre

Abhitech Energycon recognised by DSIR for in-House RandD centre

Abhitech Energycon's in-house R&D centre received formal recognition from the Department of Scientific and Industrial Research for developing advanced decarbonisation and sustainability technologies.
Godavari Biorefineries reports Q1 FY27 loss of Rs. 19 Cr

Godavari Biorefineries reports Q1 FY27 loss of Rs. 19 Cr

Godavari Biorefineries reported a net loss of Rs. 19.32 crore for Q1 FY27, while total income rose to Rs. 559.9 crore. The company expanded its ethanol capacity and advanced its bio-chemicals and anti-cancer R&D.
JSW Energy RE Arms Borrow ₹4,000 cr from Banks, NaBFID

JSW Energy RE Arms Borrow ₹4,000 cr from Banks, NaBFID

JSW Energy's renewable arms raised over ₹4,000 crore in long-term loans from Axis Bank, Bank of Maharashtra, and NaBFID to finance projects and refinance construction, supporting its 30 GW by 2030 goal.
Argentine soybean oil market shakes off pilot strike, prices tick higher

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

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.
Renewable energy developers seek ₹3,000 crore relief amid transmission bottlenecks

Renewable energy developers seek ₹3,000 crore relief amid transmission bottlenecks

Renewable energy developers are seeking a ₹3,000 crore relief package from the central government to mitigate financial losses caused by severe transmission delays and power curtailment.
European naphtha, gasoline markets look beyond crude to product fundamentals

European naphtha, gasoline markets look beyond crude to product fundamentals

European naphtha and gasoline markets will remain well supported through the second half of 2026 as tight refined product balances outweigh improving crude availability.
Parliament panel questions oil and gas sector capex despite output fall

Parliament panel questions oil and gas sector capex despite output fall

A parliamentary panel questioned India's rising oil and gas capex, which surged to ₹1.7 lakh crore for 2024-25, noting that domestic crude production continues to decline.
Bangladesh seeks more diesel supply from India

Bangladesh seeks more diesel supply from India

Bangladesh has requested additional diesel supplies from India through their existing cross-border pipeline to manage ongoing power and gas shortages that have triggered widespread load-shedding.

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