Market News Today

Japan's copper scrap market is a competitive seller's ecosystem. Ex-China buyers need long-term partnerships. Japan leads in quality ($8,112/mt average export price). Domestic smelter consumption rises, while exports and processing usage (down 8% by 2025) decline, tightening global supply.

Delhi-NCR flyers resist Jewar Airport shift, preferring Delhi's IGI due to concerns over longer travel, higher airfares, and additional charges. This poses a challenge for the new airport's adoption and regional economic decentralization goals.

TMT bar prices in India remained largely stable this week amid balanced demand from infrastructure and real estate sectors. Primary TMT prices witnessed steady bookings, while secondary TMT markets saw selective buying due to regional price variations. Raw material fluctuations and project-led demand continue to influence near-term market sentiment across India.

Ghaziabad's housing market, led by Siddharth Vihar, is shifting from affordable to luxury, driven by infrastructure upgrades like expressways and metro. Demand for premium homes and integrated townships is rising, though civic infrastructure challenges remain.

Gurugram's Dwarka Expressway sees new compact housing in Sector 36A, driven by demand for transit-linked homes. While values appreciated over two years, experts urge sustainable planning for water, environment, and affordability amidst rapid growth.

Delhi-NCR's retail market, especially Gurgaon, faces an acute mall space crunch with 0-2% vacancy. High demand drives rental growth and millions of sq ft expansion, but raises concerns about sustainability and urban planning challenges.

Gurugram's delayed Civil Lines Hospital project is advancing after state approvals. This expansion, pending since the 2019 demolition, aims to strengthen public healthcare access, reduce patient overload, and address urban infrastructure imbalance in the rapidly growing region.

Gurugram's GMDA plans a ₹32 crore 'model road' between sectors 99-102, featuring a 1.5 km cycling track, upgraded footpaths, and green belts. This initiative aims for people-centric mobility and climate resilience in new urban areas.

Pune's railway network will eliminate all diamond crossings by end of 2026, following a derailment. This significant upgrade aims to boost operational safety, efficiency, and support future multimodal transport, modernizing ageing infrastructure.

Pune's civic body is digitally mapping 2,000 km of underground utilities, with 600 km underway, to modernize urban management, improve disaster preparedness, and streamline coordination. This initiative aims to create a unified database for critical infrastructure.