When it comes to coal, India’s litany of woes continues. Despite high prices in international markets, imports continue to rise — and there’s no letting up on that front. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook After a dip in FY 2017, overall coal imports increased 10% in FY 2018. […]
Sohrab Darabshaw
India’s Largest Aluminum Producer Seeks Import Caps as Sector Looks to Up Competitiveness
India’s aluminum sector finds itself in a state of flux. Secondary aluminum makers in India are not upset by the import levies announced by U.S. President Donald Trump, but have expressed concern at the inverted duty structure perpetuated by the Indian government itself. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook On the […]
Indian Government Postpones Retaliatory Duties Against U.S. by 45 Days
India’s trade tiff with the United States has all the hallmarks of a potential political battle — for India, at least. With general elections not too far away, it looks like Narendra Modi’s government does not want to really stir the pot, lest there is some fallout in the domestic political scene. Need buying strategies […]
State-Owned Miner Takes up Gold Mining in India
Mining for gold is an expertise of which not too many Indian miners can boast. In fact, it makes up a minuscule portion of overall annual mining activities in the country. With neighboring China on the prowl for gold mining projects internationally, some recent news has brought some cheer to the gold sector in India. […]
U.S. Consultations Fizzle With India, Others Over Metals Tariffs
Ultimately, it went along expected lines. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India and a handful of other nations held trade dispute settlement consultations with the United States over its steel and aluminum tariffs in Geneva, but got absolutely no concession from the latter, according to reports coming out […]
India’s Coal Shortage is U.S. Miners’ Gain
What is one man’s meat is another’s poison. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The proverb seems to be true for India’s coal supply woes. The country’s power ministry has advised all provinces to start importing coal for the next three years in order to operate their power plants […]
India, U.S. Set to Meet Over Metals Tariffs This Week
The U.S. and India are scheduled to sit across the table this week in Geneva to discuss the case filed by India with the World Trade Organization’s (WTO) dispute settlement mechanism over the U.S.’s imposition of import duties on steel and aluminum. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The […]
Tata Steel JV Expected to Bring Relief to its Indian Operations
Until a few years ago, Tata Steel was in the process of selling off most of its businesses in Europe because of the poor performance of steel globally. A few days ago, though, the Indian steel major announced its joint venture (JV) with German company thyssenkrupp. Need buying strategies for steel? Try two free months […]
Good and Bad News From the Indian Iron Ore Sector
For the first time in years, India’s iron ore production crossed the 200 million tons per annum (MTPA) milestone. For 2017-18, output touched 210 MT, mostly on increased production in the provinces of Odisha and Karnataka, which was 9% higher than the 192 MT produced in 2016-17. This was also the first time crossing that […]
India Says New Steel Policy Has Added 24M Tons of Steel Capacity
India’s new steel impetus has started to pay dividends, it would seem. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Government of India (GoI) has claimed that not only had the new policy saved it about $739 million (Rs 5000 crore) by way of foreign exchange, it had also helped […]
