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SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

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.
Timely payments by state discoms aiding power gencos: Moody's

Timely payments by state discoms aiding power gencos: Moody's

Moody's notes state discoms' improved payment discipline aids power gencos. ACS-ARR gap narrowed to Rs 0.06/unit, losses fell to 15%, and a Rs 27 billion profit was reported in FY25, driven by late payment rules. Sustainability needs reform.
LPG sales dip 13% in April as Hormuz closure chokes supplies

LPG sales dip 13% in April as Hormuz closure chokes supplies

LPG sales in April dipped 13% overall, with household supplies down 11% and commercial cylinders 10% lower, due to the Strait of Hormuz closure choking imports. Industrial supplies plunged 82%, forcing shifts to alternatives.
Kuwait ramps up overseas crude storage amid Hormuz risks

Kuwait ramps up overseas crude storage amid Hormuz risks

Kuwait is increasing overseas crude oil storage as an emergency measure to protect exports amidst rising regional tensions and potential shipping disruptions through the Strait of Hormuz.
US fuel supply sees uptick in May

US fuel supply sees uptick in May

US fuel supply saw a 15% daily average increase in May compared to April, as reported by the Energy Information Administration. This uptick indicates a significant rise in fuel oil provision.
Oil prices rebound as investors track U.S.-Iran peace talks

Oil prices rebound as investors track U.S.-Iran peace talks

Oil prices rebounded on Friday, recovering from recent losses as markets anticipated progress in U.S.-Iran peace deal discussions.
West Bengal Highway Shift Clears Expansion Path 

West Bengal Highway Shift Clears Expansion Path 

West Bengal approved transferring seven highway stretches to central agencies, accelerating upgrades, unlocking funding, and improving logistics and connectivity across key corridors for regional development.
West Bengal Expands Women Free Bus Travel 

West Bengal Expands Women Free Bus Travel 

West Bengal launches free bus travel for women on state buses from June 1. The initiative aims to ease financial burden, boost public transport ridership, and enhance access to economic opportunities and education.
Mumbai, Maharashtra emerging as key hubs for global investment and clean energy partnerships, say diplomats

Mumbai, Maharashtra emerging as key hubs for global investment and clean energy partnerships, say diplomats

Mumbai and Maharashtra are attracting global investment in infrastructure, clean energy, education, and technology. Diplomats highlight astounding development, renewable energy cooperation, and educational partnerships, despite calls for regulatory clarity and improved urban infrastructure.
Bengaluru: Transport Minister distributes 10 electric autos to women, transgender drivers

Bengaluru: Transport Minister distributes 10 electric autos to women, transgender drivers

Bengaluru's Transport Minister distributed 10 electric autos to women and transgender drivers, promoting empowerment, sustainable mobility, and financial independence through eco-friendly self-employment opportunities.

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