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Russian President Vladimir Putin has ordered a temporary administration of Metro's Russian assets.

2026-09-28

Russian President Vladimir Putin has ordered a temporary administration of Metro's Russian assets.

Other News
2026-09-29

According to relevant budget documents, Russia expects to receive 200 billion rubles annually from windfall profits taxes levied on mining and metal companies between 2027 and 2029.

According to relevant budget documents, Russia expects to receive 200 billion rubles annually from windfall profits taxes levied on mining and metal companies between 2027 and 2029.
2026-09-28

1. The Indian government is considering requiring power generation companies to resume using a blend of imported and domestic coal for the first time since 2024 to alleviate coal supply shortages. Government sources indicate that supply pressures hav

1. The Indian government is considering requiring power generation companies to resume using a blend of imported and domestic coal for the first time since 2024 to alleviate coal supply shortages. Government sources indicate that supply pressures have pushed India's monthly spot electricity prices to their highest level since 2022. 2. According to SteelHome, total urban inventory this week was 9.3805 million tons, a decrease of 356,400 tons (-3.66%) compared to last week, covering 37 cities and a total of 126 warehouses. 3. According to the China National Cotton Reserves Corporation (CNCRC), considering the current cotton market situation, CNCRC will cease the sale of central cotton reserves for 2026 starting September 30, 2026. The floor price for the eleventh week (September 28-29) of reserve cotton sales is 16,341 yuan/ton (equivalent to standard grade 3128B). 4. Analysts predict that as of September 1, US soybean stocks were 3.24 billion bushels, slightly lower than the same period last year. As of September 1st, U.S. corn stocks were estimated at 1.918 billion bushels, 24% higher than the same period last year, the highest level in six years. 5. According to foreign media citing trade sources and analysts, ship-to-ship transshipment of Middle Eastern crude oil in the Gulf of Oman to the Strait of Hormuz is nearing its capacity limit due to Saudi Arabia shifting crude oil exports from Red Sea ports to the Strait of Hormuz, coupled with increased exports from other oil-producing countries. 6. BHP Billiton's Escondida copper mine in Chile, the world's largest copper mine, stated that operations are gradually resuming as assessments continue. Operations were suspended on Wednesday after a worker died in an accident during maintenance work.
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