Week in Review: India’s Auto Sector, BHP Production Totals and Steel’s Slide
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner:
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- Stuart Burns on the gloomy start to the new year.
- The Indian government is optimistic about foreign investment in its auto sector in the coming years.
- EUROFER’s director general had a mixed reaction to E.U. member states’ recent vote to implement new steel quotas.
- Steel prices continue to trend downward.
- Miner BHP unveiled its production totals for the second half of 2018.
- Tesla cut its workforce by 7%, which CEO Elon Musk linked with the company’s bid to produce more affordable electric vehicles.
- How much China is growing, whether that growth rate is slowing and the impacts of the ongoing trade war with the U.S. are all big questions on market watchers’ minds.
- Sohrab Darabshaw checked in on developments in the Indian coal sector.
- PwC released its quarterly metals deal report, showing 2018 metals sector M&A deals were up 90% by value compared with 2017.
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