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NSE inks pact with Steel Users Federation to develop steel derivatives market

NSE inks pact with Steel Users Federation to develop steel derivatives market

NSE and Steel Users Federation partnered to develop India's steel derivatives market. This aims to create transparent price-risk management tools, benefiting manufacturers and users by hedging price volatility in India, a major steel producer.
Hopeful JSW's 65,000 crore steel plant will be completed by 2029, to boost industrialisation: Majhi

Hopeful JSW's 65,000 crore steel plant will be completed by 2029, to boost industrialisation: Majhi

Odisha CM Majhi is optimistic about JSW's ₹65,000 crore, 13.2 MTPA steel plant near Paradip, expected by 2029. It includes a 900 MW power plant and jetty, aiming to boost industrialization and employment in the state.
Tariffs to carbon, the new rules shaping India’s trade

Tariffs to carbon, the new rules shaping India’s trade

The EU's CBAM, effective January 1, 2026, will make India's carbon-intensive exports like steel and aluminium costlier, impacting market access and competitiveness. It also threatens agriculture via higher fertilizer import costs, signaling a structural shift in global trade.
China PE market to see supply shortage

China PE market to see supply shortage

China's PE market faces tight spot availability due to new capacity delays until August, creating a supply gap in H1 2026. Plant turnarounds and weak imports further constrain supplies.
China PP faces heightened risks of a high-price pullback

China PP faces heightened risks of a high-price pullback

International oil prices dropped sharply to $96.14/bbl, down 7.15%, due to easing Middle East tensions. This increases the risk of a high-price pullback for China's polypropylene (PP), a crude oil derivative.
Manbro Industries Shares in Focus After Subsidiary Bags ₹9 Cr Meghalaya Power Project Order

Manbro Industries Shares in Focus After Subsidiary Bags ₹9 Cr Meghalaya Power Project Order

Manbro Industries' subsidiary, Shivam Pipes, secured a ₹9.06 crore order from MePDCL for galvanized steel poles, strengthening its power infrastructure presence. The project, under RDSS, is due by June 2026, boosting the company's growth.
AMNS India Starts EQ70 Welded Pipe Production

AMNS India Starts EQ70 Welded Pipe Production

AMNS India started EQ70 grade-welded pipe production at Hazira, Gujarat. These high-strength pipes (690 MPa yield strength) cater to the oil and gas industry's offshore needs, including jack-up rigs and deepwater pipelines.
LandT arm bags ₹1,000-2,500 crore orders across steel, waterways and marina projects

LandT arm bags ₹1,000-2,500 crore orders across steel, waterways and marina projects

L&T GeoStructure secured ₹1,000-2,500 crore orders for a 10 MTPA steel plant piling (30 lakh metres), two ship repair facilities with an 800-tonne boat hoist, and India's first yacht marina, boosting infrastructure and blue economy.
Bharuch Bridge Launch Boosts Bullet Train Network

Bharuch Bridge Launch Boosts Bullet Train Network

India's bullet train project achieved a milestone with a 130-metre steel bridge launch in Bharuch, Gujarat. Featuring one lakh specialized bolts, this critical engineering feat boosts the Mumbai-Ahmedabad high-speed rail network, enhancing connectivity and economic growth.
Maharashtra Government Approves Rs 89,731 Crore Mega Projects in High-Tech Sectors

Maharashtra Government Approves Rs 89,731 Crore Mega Projects in High-Tech Sectors

Maharashtra approved Rs 89,731 crore for mega high-tech projects, including solar, steel, and coal gasification, creating nearly 20,000 jobs. This boosts industrial investment and ecosystem development across regions.

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