Market News Today

Battery EV (BEV) lithium-ion pack prices averaged US$99/kWh in 2025, according to BloombergNEF (BNEF).

The death toll from the destruction of the buildings includes several children.

Stainless steel prices stabilised after JSL cut ₹3/kg in 304 and ₹5/kg in 316L. Demand remains mixed—soft in 300 series, improving in 400, and strong in 200 due to tight imports. Globally, Asian markets remain quiet amid high inventories. Overall, the domestic outlook stays stable to firm depending on the series.

Flat steel prices remained unchanged across major regions as domestic demand held steady but cautious. Imports dropped sharply by 54% YoY, easing competitive pressure, yet buyers stayed conservative due to muted manufacturing activity. Weak export deals in Vietnam and the Middle East further weighed on sentiment, keeping the overall market stable but subdued.

Equity markets faced volatility as Hindalco and Tata Steel rose while HDFC Bank and IndiGo weighed down indices amid cautious trading.

India aims to become a $30 trillion economy by 2047. For this, we must unlock at least $1 trillion in long-term capital for infrastructure. REITs and InvITs could mobilize the funds needed from a global pool of investors—if we can fix the gaps that hold these trusts back.

EWaste Africa has been awarded the GreenTag LCARate Level B Bronze Certification for their interlocking eco-pavers, a recognition that places the products among a small group of South African products that have undergone independent and science-based evaluation.

IRB Infrastructure reported November toll revenue of ?716 crore, up 16% YoY, driven by higher traffic across BOT/TOT assets. Top contributors included IRB MP Expressway, Ahmedabad?Vadodara Super Expressway and Hyderabad?s Golconda Expressway.

JSW Steel Limited and JFE Steel Corporation have reached an agreement to form a 50:50 joint venture.

REI Expo 2025, with over 800 brands, saw SolarEdge launch its Home Hub Inverter. This next-gen solution boasts 99% efficiency and up to 200% DC oversizing, empowering homes and businesses for a sustainable energy future.