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Bids for some grades drop in OMC’s auction Tsingshan’s June’24 tender prices stable m-o-m European benchmark prices to be discontinued from June Indian high-carbon ferro chrome (HC60%, Si:4%) prices remained steady w-o-w, decreasing slightly by INR 100/t ($1/t) w-o-w compared...

Growing demand from Europe, China LME prices maintain stability In comparison to the previous assessment on 15 May, ferro molybdenum prices in India experienced a rise of INR 61,000/t ($733/t) w-o-w. Prices increased as there were reports of material shortage...

Bangladesh Needs to Harness the Potential of Rooftop Solar Energy Despite challenges, the sector offers a lot of promises The Bangladesh government raised electricity tariffs yet again in February 2024, following several adjustments in 2023. The government also increased gas...

Strong emphasis being given to solar energy Setting up of fresh coal-fired plants banned More hydropower imports from Nepal planned Bangladesh, a key South Asian player in the steel manufacturing and ferrous scrap import space, is taking a proactive multi-pronged...

Imported coal usage increasing at power plants Scarce natural gas supplies support imports Thermal coal imports may touch 19 mnt by 2026 Morning Brief: In the midst of its escalating energy demand, Bangladesh has witnessed a significant 44% y-o-y increase in...