Market News Today

Indian stainless steel prices are under pressure from discounted imports. Despite robust domestic demand, Chinese, Vietnamese, and Indonesian steel is entering the market at lower rates. The domestic industry has petitioned for anti-dumping duties. Jindal Stainless reported strong quarterly earnings, but highlighted the challenge of subsidized imports distorting the market.

India aims to train 5.7 million mining workers by 2030 to boost critical minerals, reduce import reliance, and increase the sector's GDP share from 2.2% to 5%. A skills gap study is underway for 2025-30.

Andhra Pradesh Cabinet approves key proposals to enhance infrastructure, tourism, and industrial growth, including significant investments in Amaravati.

John Rainford ofJOLT, explores how the right charging model, policy support and economics can support commercial charging at public chargepoints.

TMT bar prices remained stable this week across all key regions, with trading activity subdued due to seasonal slowdown. While short-term demand remains weak, long-term fundamentals are supported by infrastructure investments and government-led steel capacity expansion. Market sentiment is cautious yet balanced, with post-monsoon construction expected to lift demand.

Tripura's Rukhia Power Plant will add 120 MW capacity using new Combined Cycle Gas Turbine technology, costing Rs 1,119 crore. The foundation stone will be laid on November 26.

A mass recruitment of reservists and volunteers has begun in several dozen regions across Russia to guard strategic facilities and counter enemy drones.

India's SDHI secured a $220m deal with Norway's Rederiet Stenersen to build six 18,000 dwt chemical tankers at its Pipavav shipyard, with an option for six more, marking a major export for Indian shipbuilding.

Market observers said that once considered peripheral, Kundli region is now one of the fastest-growing real estate and infrastructure corridors in North NCR.

Canada's August 2025 electricity imports from the US surged 73% to 2.4 TWh due to record-low hydropower generation, especially in Manitoba, caused by dry conditions. Total generation fell 3%, with hydro down 8%.