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Railways successfully conducts trial run on India's first cable-stayed rail bridge in JandK

Railways successfully conducts trial run on India's first cable-stayed rail bridge in JandK

The Market Is Still Digesting Positive Sentiment, Zinc Prices Fluctuate at Highs

The Market Is Still Digesting Positive Sentiment, Zinc Prices Fluctuate at Highs

Tianjin Zinc: Downstream Cautious of High Prices, Premium Slightly Lowered

Tianjin Zinc: Downstream Cautious of High Prices, Premium Slightly Lowered

India's 1st Highway Underpass to be Built at LBSI Airport Runway

India's 1st Highway Underpass to be Built at LBSI Airport Runway

Infrastructure boost for Pehowa: Saini announces new roads, bridges, hospitals

Infrastructure boost for Pehowa: Saini announces new roads, bridges, hospitals

Rajasthan Implements Budgeted Infrastructure Projects, Focuses on Timely Completion

Rajasthan Implements Budgeted Infrastructure Projects, Focuses on Timely Completion

Maharashtra government partners with ADB for Nagpur Metro phase II funding

Maharashtra government partners with ADB for Nagpur Metro phase II funding

Joint inspection held to review Chandani Chowk FOB and metro project integration

Joint inspection held to review Chandani Chowk FOB and metro project integration

High-speed rail project in focus as Vaishnaw embarks on Japan visit

High-speed rail project in focus as Vaishnaw embarks on Japan visit

Bengal land hurdle to rail projects: Centre's finger at state for delay in takeover of plots

Bengal land hurdle to rail projects: Centre's finger at state for delay in takeover of plots

PM Modi to Lay Foundation Stones for South Coast Railway Zone

PM Modi to Lay Foundation Stones for South Coast Railway Zone

ADB to provide USD 500 mn loan to support sustainable infra projects in India

ADB to provide USD 500 mn loan to support sustainable infra projects in India

MMRDA Clears Key Permissions to Fast-Track Mumbai Metro Projects

MMRDA Clears Key Permissions to Fast-Track Mumbai Metro Projects

Modi Govt plans to expand Water Metro project in India

Modi Govt plans to expand Water Metro project in India

Odisha CM Seeks Rs 10,000 Crore Tourism Infrastructure Package

Odisha CM Seeks Rs 10,000 Crore Tourism Infrastructure Package

Infra stock, SRM Contractors Ltd receives LoA from NHAI, worth Rs 106 crore

Infra stock, SRM Contractors Ltd receives LoA from NHAI, worth Rs 106 crore

Supreme Power Equipment Approved As A Vendor For Kerala State Electricity Board

Supreme Power Equipment Approved As A Vendor For Kerala State Electricity Board

Chaitanya Projects To Develop DPR For Two Bridges Under Bharatmala Project

Chaitanya Projects To Develop DPR For Two Bridges Under Bharatmala Project

Centre reviews Lakshadweep power sector, focuses on renewable energy projects

Centre reviews Lakshadweep power sector, focuses on renewable energy projects

IREDA plans Rs 3,000 crore investment in Odisha, India

IREDA plans Rs 3,000 crore investment in Odisha, India

Latest Market News Of Mild Steel

Daily Report Insights News

China PVC oversupply caused by capacity expansion leads to margins loss

China PVC oversupply caused by capacity expansion leads to margins loss

In 2025, China's PVC market faced severe oversupply due to 2.2 million tonnes/year new capacity, leading to significant producer margin losses and production cuts.

APAC ethyl acetate producers face USD 8/Mt losses

APAC ethyl acetate producers face USD 8/Mt losses

d14ryhk2bu3fku.cloudfront.net

APAC ethyl acetate producers face USD 8/Mt losses as feedstock costs surge. Indian prices rose 18%, but production costs hit USD 841/Mt vs. USD 833/Mt market price, signaling likely price hikes.

52

Aster Chemicals Plans MEG Unit Shutdown

Aster Chemicals Plans MEG Unit Shutdown

Aster Chemicals and Energy is planning to cease Monoethylene Glycol (MEG) production by Q1 2027 at its Jurong, Singapore unit. The facility has an installed production capacity of 900,000 tons per year.

23

ENEOS FCC Unit Turnaround Planned in H2 January

ENEOS FCC Unit Turnaround Planned in H2 January

ENEOS is likely to shut its FCC unit at the Marifu complex in Japan in the second half of January 2026 for a scheduled turnaround. The maintenance is expected to be completed by mid-April 2026. The unit has a production capacity of 45,000 tons per year.

64

IOCL, OPAL, RIL Hike Domestic PP Prices

IOCL, OPAL, RIL Hike Domestic PP Prices

IOCL and OPAL has increased domestic polypropylene (PP) prices by ₹500/MT, effective 15th December 2025. Reliance Industries Limited (RIL) has also raised its domestic PP prices by ₹500/MT, effective the same date, while rolling over its deemed export PP prices without any change.

China’s CNPC pushes peak oil demand forecast to 2040

China’s CNPC pushes peak oil demand forecast to 2040

Energy & Petroleum

CNPC now forecasts global oil demand to peak in 2040 at 4.83 billion metric tons (97 million b/d), up from 2030, due to resilient consumption in emerging economies and demand for chemical feedstocks and aviation fuel.

65

Polystyrene (PS) prices march higher in Europe

Polystyrene (PS) prices march higher in Europe

polymerupdate.com

European PS prices rose this week, with GPPS, HIPS, and EPS spot prices up Euro 20/mt. This was driven by firmer offers and a Euro 21/mt increase in the December styrene contract, despite weak demand.

1011

CEA Releases Draft Standard Operating Procedure (SOP) For Mandatory Independent Fire Safety Audits Of BESS

CEA Releases Draft Standard Operating Procedure (SOP) For Mandatory Independent Fire Safety Audits Of BESS

CEA released a draft SOP for mandatory independent fire safety audits of Battery Energy Storage Systems (BESS) to mitigate fire risks. Audits are required pre-commissioning, periodically (max 5 years), and after incidents. Public comments are invited until January 11, 2026.

31

NTPC Green Energy Invites Bids For 132 kV GIS Substation At Pudimadaka Green Hydrogen Hub In Andhra Pradesh

NTPC Green Energy Invites Bids For 132 kV GIS Substation At Pudimadaka Green Hydrogen Hub In Andhra Pradesh

NTPC Green Energy invites bids for a 132 kV GIS Substation (2x80 MVA) at Pudimadaka Green Hydrogen Hub, Andhra Pradesh. Project includes 5 years O&M, to be completed in 1 year. Bids due Jan 6, 2026.

1217

India Expands Africa Engagement: PM Modi’s Ethiopia Visit to Focus on Solar Power, Agriculture and Critical Minerals

India Expands Africa Engagement: PM Modi’s Ethiopia Visit to Focus on Solar Power, Agriculture and Critical Minerals

Energy & Petroleum

PM Modi's Ethiopia visit aims to boost India-Africa ties, focusing on solar power, agriculture, and mining. Discussions will also cover digital infrastructure, education, health, and defence, strengthening South-South cooperation.

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