by TC Malhotra on March 9, 2012
Style: Industry News
Category: Commodities, Exports, Global Trade, Public Policy
Keywords: China, Copper, Ferrous Metals, India, Iron Ore, Non-ferrous Metals, Steel
At a time when iron ore and copper prices are already trading in a volatile fashion — in line with volatile global commodity market — a decision by the Indian government to ban cotton exports has created controversy among traders, Business Line reported. Earlier this week, the Indian Commerce Ministry announced an immediate ban on [...]
What’s our rule for when Viagra viruses attack? Attack right back: Source: Lisa Reisman/MetalMiner Ok, so publishing a video featuring a phallic, orange, pumpkin-chomping mechanical monster can’t really be classified as an effective counterattack. But we thought we’d throw it out there anyway. “What it the world are you writing about?” you may (rightfully) be [...]
Stock markets and commodity prices, including base and precious metals, fell this week following a presentation given to China’s annual parliament session by President Wen Jiabao, in which he announced a GDP growth target of 7.5 percent for 2012. According to a China Daily report, this is the first time the Chinese government has reduced [...]
Passenger car sales of all leading carmakers in India have posted steady growth for the second month in a row in 2012, reports the Economic Times. Market-leading Maruti Suzuki India Limited, 54.2-percent-owned by Japan’s Suzuki Motor Corp., has reported a 6.54 percent jump in sales at 118,949 units, compared to 111,645 units it sold in [...]
Lisa Reisman, managing editor of MetalMiner, tells the truth about why manufacturing conferences rarely wow her, and how we’ll be overcoming that with Commodity EDGE: Sourcing Intelligence for the New Normal. Watch the whole video — you’ll be pleasantly surprised!
The most popular question by far that we receive here at MetalMiner goes something like this: “What do you think the price of X is going to do this year?” Invariably, the answer leads to a discussion around what factors impact a particular metal’s price and by how much each factor impacts that price. Minds [...]
The Indian steel sector has been hit badly because of slowdown in infrastructure projects, high interest rates and falling CAPEX, even as domestic steel prices remained stable mainly due to fall in supply from south Indian state of Karnataka, according to Business Standard. Profitability margins of most Indian steel producers came under pressure in the [...]