There were two major developments in the Indian steel sector this week. Request a 30-minute demo of the MetalMiner Insights platform now. Indian-born British businessman Sanjeev Gupta’s GFG Alliance made its first foray into the Indian market. It completed the strategic acquisition of two mills, Adhunik Metaliks Ltd and Zion Steel, in an approximately U.S. […]
Sohrab Darabshaw
India’s auto sector reaches crucial point amid government’s emissions goals
India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030. […]
India’s annual budget could prove to be a boost to the steel sector
India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems […]
U.S., India to resolve hot-rolled carbon steel dispute
2020 may turn out to be a watershed year in Indo-U.S. relations. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Several announcements and developments on the bilateral trade front, plus a proposed visit by U.S. President Donald Trump in February, seem to indicate that might be […]
India’s solar sector reaches milestone but faces import pressures
The Indian solar energy story marked a new milestone after India topped the Asia Pacific Region (APAC) for solar photovoltaic (PV) tenders in December 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! According to analytics company GlobalData, with 49% tenders announced and a 75.4% share, […]
Indian mining sector breathes sigh of relief after government amends mining law
Steel companies and mining companies in India have heaved a sigh of relief after the federal government amended the prevailing mining law to permit the “seamless transfer” of regulatory approvals to new owners of operational iron ore mines, the Economic Times reported. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Gold, silver prices on the rise in India amid U.S.-Iran tensions
Gold and silver prices in India have hit new highs recent days, to the glee of traders and the consternation of retail buyers. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Multiple reasons are being attributed to the price rises, first and foremost being rising geopolitical […]
India’s steel sector struggled in 2019 — but what does 2020 hold?
For Indian steel producers, 2019 was an unremarkable year.
ArcelorMittal, Nippon Steel complete acquisition of India’s Essar Steel
It may have taken well over 850 days for its culmination, but the recent completion of an acquisition in India is being touted as the “single-biggest recovery” under the Insolvency and Bankruptcy Code (IBC) process in India.
Under difficult conditions for India’s aluminum producers, Hindalco looks to diversify
Aluminum producers in India, like their steel counterparts, are going through some trying times. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Rising imports, which could only get worse because of the U.S.-China trade war, and an increase in the cost of production have prompted Indian aluminum producers write to the government, asking […]
