India may have become a net exporter of steel this year, but domestic demand may remain a problem area. The US-based Moody’s Investors Service has said in a recent report, titled “Asia: Steel – 2020 outlook,” that India’s steel growth will slow down in the coming days because of weak automotive and manufacturing demand. Looking […]
Sohrab Darabshaw
India appeals WTO compliance panel ruling on hot-rolled carbon steel subsidies
It looks like India is not going to give up its fight with the U.S. and the WTO so easily. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! But first, the original story. Last week, adjudicators of the World Trade Organization (WTO) rejected most of India’s […]
ArcelorMittal Announces Shuttering of Plants in South Africa, Poland
The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
Steel, Other Industries Breathe Sigh of Relief Over India’s Retreat from RCEP Trade Pact
For a while, whether or not India would join the Regional Comprehensive Economic Partnership (RCEP) was touch and go. But eventually, much to the relief of domestic steel companies and those from other sectors, the Narendra Modi-led Indian government decided to sit out the controversial RCEP trade pact, which features the 10 members of the […]
Gold, Silver Purchases Down During India’s Prime Precious Metal Buying Holiday Season
India is right in the middle of its annual festival season that carries on until the year’s end — as is customary, all eyes are on the purchase patterns for gold and silver during the festival of Diwali. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
India’s Coal Imports Drop Despite Coal India’s Operational Setbacks
It has come as a surprise to some in the coal sector that for the third consecutive month, India’s coal imports are set to drop in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. News agency Reuters reported India’s seaborne imports of […]
India Becomes Net Copper Importer for First Time in Nearly Two Decades
The inevitable has happened. For some months now, copper industry experts in India have been predicting India would become a net importer of copper during this fiscal year. Well, that has happened. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. For the first […]
Steel Producers Bemoan Imports as India Weighs Pros, Cons of Joining RCEP
Faced with lobbying by the steel sector and some others, the Indian government is caught in a bind on whether to join the Regional Comprehensive Economic Partnership (RCEP) or not. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Last week, none other than […]
India Looks to Boost its Nuclear Power Generation Capacity
Nuclear energy is, for now, playing a minuscule role in India’s energy story, contributing to about 2% of the country’s electricity needs. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But nuclear power generation in India is a story that is set to […]
Indian PM Modi Ramps up Country’s Renewable Energy Target
Indian Prime Minister Narendra Modi’s doubling of India’s renewable energy target by 2022 has made global headlines. At the United Nations Climate Action Summit earlier this week, the Modi said India was now aiming to install 450 GW of renewable energy by 2022, more than double the previously promised 175 GW, The Hindu reported. Keep […]
