Power Generation & Transmission
Empower your power generation & transmission business with our marketplace platform. The technologically advanced platform equips you with the latest electricit...
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Daily Reports on Power Generation & Transmission Industry
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Stable ABS Prices Amid Global Surplus and Steady Domestic Demand
The Indian polymer market remains steady across most categories, with minor fluctuations in specific grades. A global surplus in ABS supply is pushing prices downward, while domestic demand remains consistent. Maintenance shutdowns at key global facilities are expected to tighten supply in the short term for certain polymers like PP and PE.
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Steel Structure Prices Stable Across Primary and Secondary Markets; Supply Bottlenecks Remain
The steel structure market is seeing fluctuations due to recent price hikes by primary producers like SAIL and RINL, while the secondary market remains stable. Supply constraints are a key concern, particularly in the primary segment, with plants undergoing maintenance and limited availability of crucial materials.
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Zinc Prices Show Positive Movement Amid Supply Concerns and Production Cut Rumors
Zinc prices have been experiencing upward momentum due to speculation around potential production cuts and ongoing supply-side challenges. LME zinc saw a rise of 0.91%, while SHFE and MCX markets showed stable movements. Zinc inventories at LME and SHFE fell, signaling tightening supplies, while demand has been supported by moderate downstream consumption.
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SAIL Cuts Prices but Primary TMT Market Faces Slowed Demand and Uncertain Outlook
Primary TMT prices have been slightly reduced by SAIL and increased by distributors across various regions. Despite price reductions, demand for primary TMT has slowed down, and the market seems stagnant. Meanwhile, the Indian government is pushing for sustainable practices in the steel industry, with a focus on innovation and reducing emissions.
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India's Stainless Steel Market Faces Mixed Demand, Prices Hold Steady
The stainless steel market shows mixed trends, with the 300 series facing continued low demand due to cash flow issues, while the 200 series sees a rise in demand driven by a shortage of imported material. Prices for different grades, including 304, 316L, and 201, remain relatively steady, with slight price variations across domestic and imported materials.
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Zinc Prices Edge Up with Support from Increased Consumption and Spot Premiums
Zinc prices showed modest gains across major exchanges, with LME zinc rising by 0.35%, SHFE increasing by 0.88%, and MCX zinc up by 0.29%. This uptick came amid slight improvements in consumption, high spot premiums, and rumours of production cuts. The global zinc market also faces a widening deficit, although China's zinc production has increased slightly.
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Polypropylene Prices Dip in China Amid Weaker Demand
The polymer market witnessed mixed price movements, with a decline in certain HDPE grades and stable pricing for other polymers like LLDPE, LDPE, and PP. Market dynamics are shaped by fluctuating feedstock costs, weakened regional demand, and anticipated production adjustments.
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Primary TMT Market Update: Prices Stable, But Demand Remains Sluggish
Primary TMT prices have remained relatively stable, with distributors increasing prices in various regions. SAIL recently lowered its prices, but demand for the material has slowed in comparison to previous months. The Indian government is considering a temporary tax on Chinese steel imports to counteract the negative impact on local prices and margins.
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Stainless Steel Prices Strong as Nickel and Copper Surge
Stainless steel prices are experiencing fluctuations due to rising nickel and copper prices, with retail prices for various grades showing slight increases. Demand remains weak in the 300 and 400 series, while the 200 series is seeing higher demand, primarily due to a shortage of imported material. The global market remains sluggish despite price hikes.
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Daily Reports on Power Generation & Transmission Industry
Stable ABS Prices Amid Global Surplus and Steady Domestic Demand
The Indian polymer market remains steady across most categories, with minor fluctuations in specific grades. A global surplus in ABS supply is pushing prices downward, while domestic demand remains consistent. Maintenance shutdowns at key global facilities are expected to tighten supply in the short term for certain polymers like PP and PE.
Read Story
Steel Structure Prices Stable Across Primary and Secondary Markets; Supply Bottlenecks Remain
The steel structure market is seeing fluctuations due to recent price hikes by primary producers like SAIL and RINL, while the secondary market remains stable. Supply constraints are a key concern, particularly in the primary segment, with plants undergoing maintenance and limited availability of crucial materials.
Read Story
Zinc Prices Show Positive Movement Amid Supply Concerns and Production Cut Rumors
Zinc prices have been experiencing upward momentum due to speculation around potential production cuts and ongoing supply-side challenges. LME zinc saw a rise of 0.91%, while SHFE and MCX markets showed stable movements. Zinc inventories at LME and SHFE fell, signaling tightening supplies, while demand has been supported by moderate downstream consumption.
Read Story
Power Generation & Transmission Industry Bytes: Top Stories at a Glance
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