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Vedanta reaffirms its commitment to unlock India’s hydrocarbon resources to secure energy independence
13 Jul 20263MINS
SupplementAL
  Marking Global Energy Independence Day, Vedanta reaffirmed its commitment to accelerating domestic oil and gas exploration, saying India has a historic opportunity to unlock its hydrocarbon resources and reduce its dependence on imported energy. It also reaffirmed Vedanta Oil & Gas' (BSE: 544782 | NSE: VOGL) ambition to produce 500,000 barrels of oil equivalent per day (boepd), positioning the company to play a pivotal role in India's journey towards energy security. Despite being one of t ...
Cast aluminium pulls back slightly, short-term maintains fluctuating consolidation battle
13 Jul 20265MINS
Primary AL
Futures: Overnight, the most-traded aluminium alloy 2609 contract closed at 22,830, down 135 from the previous period, a decline of 0.59 per cent. Trading volume was 3,301, up 71 M-o-M, and open interest was 19,216, up 129 M-o-M. The current WR indicator at -38.96 is in the mid-range and has not entered an extreme overbought/oversold zone; there is no particularly strong short-term reversal signal, and consolidation-driven trading is prominent. Open interest rose in tandem; bullish-bearish div ...

13 Jul 20265MINS
Recycled AL
Europe remained a major supplier of aluminium scrap to the global market during the first quarter of 2026. Although discussions on retaining more scrap within the region continued, export volumes remained much higher than imports. Demand from overseas secondary aluminium producers, together with Europe's well-developed recycling industry, kept scrap moving out of the region throughout the quarter. Eurostat data (HS/CN 7602) show that the EU-27 imported 168,346 tonnes of aluminium waste and sc ...
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