The trend is due to increased demand in infra-related activities
FlashNews:
Rahul Jain Appointed as Suzlon CFO as RE Major Seeks to Expand Footprint
Gadkari Calls for Accountability and Innovation to Build World-Class Roads
India’s Solar Diplomacy Gains Momentum as Minister Joshi Calls for Equitable Energy Transition at ISA Plenary
Solar for All: President Murmu Urges Inclusive Energy Revolution at ISA Plenary
From Code to Concrete: Why the Smart Infrastructure Boom Needs Bobs to Become Tech Builders
Toll Revenues Surge to ₹491.9 Billion in Jan-Sept 2025, Driven by Higher Traffic and Revised User Fees: ICRA Analytics
IMW 2025: India positions itself as maritime bridge between Indo-Pacific and Global South, says Amit Shah
IMW 2025: Gadkari Calls for Private Innovation in Ship Financing, Launches Maritime Vision Report
IndiGo Reconnects with China, Crosses Long-Haul Milestone with Non-Stop London Service
India to Host Asia-Pacific Aircraft Accident Investigation Meet for the First Time
Nithia Capital Acquires Topworth Urja for ₹3 Billion, Expands Long Steel Portfolio
Delhi Airport Reopens Future-Ready Terminal 2 to Boost Passenger Flow and Airline Efficiency
ICRA Forecasts Steady Power Demand Growth in FY2026 Amid Monsoon Drag and Renewable Surge
IndiGo Retains Dominance in Indian Skies as Four New Airports Join Winter Schedule 2025
Railways Deploys 6,181 Special Trains for Post-Chhath Return; Bihar Stations Reinforced for Festive Rush
NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
NHAI to Display Toll Pass Details at Fee Plazas to Boost Transparency and Ease Travel
TEC Signs MoU with IIT-Hyderabad to Drive Indigenous Telecom Standards
Grid of Change: Odisha Model and Reimagining Power Sector Reforms Through PPPs
Tag: demand
Commodity price inflation to impact cost of low-voltage electrical equipment
A recovery in Asian demand and supply constraints in the global market has sparked an increase in price of commodities like copper, pushing manufacturers to increase cost of low-voltage electrical equipment. Electrical equipment such as circuit breakers, switching and control and metering products are used extensively in industrial, commercial and residential segments, with a significant chunk used in the power sector.
Uttar Pradesh faces power shortfall of 2,000 MW
The peak demand of Uttar Pradesh is of the order of 12,700 MW out of which around 10,700 MW is met leaving a shortfall of around of 2,000 MW at present. Paricha plant of 500 MW capacity which went on forced outage yesterday has been restored and is generating on full load. Now another private sector plant Anpara-C of 600 MW is out because of non-procurement of imported coal by the generating company.
NMDC holds ore prices amidst slack demand
National Mineral Development Corporation (NMDC) decided not to raise the price of iron ore lumps and fines for September considering slackness in demand. Thus, the firm would continue to sell at the current price of Rs 4,200 a tonne of iron ore lump and Rs 2,510 per tonne of fines
Price of sponge iron set to rise further
Rising demand for sponge iron may put upward pressure on the price of the steel-making raw material, reports indicate. Demand for sponge iron has increased after steel companies started using this in a greater quantity in place of steel scrap
Tata Steel hopes to raise sales in FY14
Tata Steel, which sold 7.5 million tonne of steel in 2012-13, plans to raise the sale to 8.5 million tonne in the current financial year, which is a growth of around 13.3 per cent. The company is hopeful of raising sales in the current fiscal as it expects increase in demand following the monsoon season. During Apr-Jun 2013, the firm posted a year-on-year sales growth of 26 per
Natural gas price hike to make CNG, urea costly
CNG (compressed natural gas) price would rise Rs 8.2 to 11.72 per kg in Delhi and Mumbai once the revised natural gas price comes into effect from April 2014, Minister of state for petroleum Panabaaka Lakshmi informed Parliament. CNG costs Rs 41.90 per kg in Delhi, and Rs 35.95/kg in Mumbai. The CNG price would rise by this amount assuming that the city gas distribution entity is operating entirely on dom
BDI rises due to demand for ore from China
Media reports indicate that the increase in demand for iron ore from China, the largest producer of steel, raised the Baltic Dry Index (BDI). The index tracks freight charges or the cost of moving the major raw materials by sea and it is published daily by the London-based Baltic Exchange
Crude oil futures rise to one-year high
Geopolitical tension in the middle-east and expectation of rise in demand for crude oil in the US propped up oil prices in the international market to a one year high. Crude for August delivery settled at $101.24 a barrel on the New York Mercantile Exchange at a recent trading session. Tracking the most-active contracts, futures prices marked their highest settlement and first close above the k
NMDC reduces price of iron ore for July
Considering tepid demand in the monsoon season, public sector mining major NMDC reduced prices of iron ore by Rs 100-200 per tonne for July. While the company decided to cut the price of lumps by Rs 200 per ton, it reduce the price of fines by Rs 100 a ton for July, media reports indicate. Following the decision, which is reportedly taken at the company's recent board meeting in Hyderabad, iron ore l


