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Interstate scrap theft racket: 4 arrested for stealing 3.6 km of aluminium power conductor
20 Jul 20262MINS
Recycled AL
Odisha Police have arrested four members of an alleged interstate scrap theft syndicate accused of stealing around 3.6 kilometres of 11 kV aluminium conductor from an electricity distribution network in Jharsuguda district, highlighting the growing challenge of organised metal theft targeting power infrastructure. The arrests were made by Kolabira Police as part of 'Operation Netra', an ongoing drive against organised property crimes. The accused allegedly operated across state borders, targe ...
EU targets 46% electrification by 2040, proposes $114.37b ETS overhaul
20 Jul 20264MINS
Sustainability
The European Commission has proposed raising the European Union's electrification rate to 46 per cent by 2040, alongside a major overhaul of the European Union Emissions Trading System (EU ETS) backed by more than USD 114.37 billion (EUR 100 billion) in industrial decarbonisation funding. Announced on July 18, 2026, the Electrification Action Plan and the proposed review of the EU ETS are aimed at reducing dependence on imported fossil fuels, lowering electricity costs, strengthening industri ...

20 Jul 20264MINS
Primary AL
Today, the most-traded SHFE aluminium contract 2609 closed at RMB 23,010 per tonne, down RMB 270 per tonne, a decline of 1.16 per cent. Trading volume reached 182,000 lots, up 122,000 lots W-o-W, surging significantly as capital fled the market, with bears actively adding positions to drive prices down. Open interest came in at 261,400 lots, up 13,708 lots W-o-W, also rising notably as both bulls and bears entered the fray, though bearish positioning showed greater strength. The VR reading rem ...
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