The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas India’s energy basket. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. India set to strengthen natural gas production A few days ago, Reliance Industries […]
Green Hydrogen Catapult aims to bring down costs
Has the time for the “fuel of the future,” green hydrogen, arrived? Recently, some of the world’s biggest green hydrogen project developers and partners joined hands to launch the “Green Hydrogen Catapult” initiative that aims to drive down costs to below U.S. $2 per kg to help change energy across carbon intensive industries, including steel. […]
Nippon Steel looks to increase production capacity overseas
Keeping future demands in mind, Nippon Steel Corp. has decided to focus more on markets like the United States and India. At the same time, it is reducing focus on Japan for the medium term. The aim, according to a top-level executive of the Japanese steel company, is to capitalize on overseas profit which. At […]
China, India set to compete in crude refining sector
China and India find themselves in some sort of a mini-race in the crude refining business. (As readers of our Annual Outlook know, the oil sector is one of three key macroeconomic pillars we consider in our analysis of commodities markets, in addition to the Chinese economy and the strength of the U.S. dollar). China […]
India, U.S. absent from massive RCEP trade pact
It took about eight years to negotiate the details, but eventually 15 nations from the Asia Pacific belt signed on the dotted line on the Regional Comprehensive Economic Partnership (RCEP) earlier this week. Missing from the deal, however, were the United States and India from the agreement. The pact seeks to lower tariffs and open […]
French firm aims to add to Indian renewables portfolio
French company Total’s love affair with India’s renewables sector continues. Already having major joint ventures with India’s Adani Group firms for renewable energy projects, gas distribution, and other projects, Total’s chief executive Patrick Pouyanne said last week that his company aimed to increase its renewable energy portfolio in India to 6 gigawatts by 2025, per […]
Indian domestic steel demand recovers to pre-pandemic levels
After a period of negative news following the COVID-19 pandemic, there’s finally some cheer for India’s steel industry, particularly related to Indian domestic steel demand. Domestic steel demand has bounced back to pre-COVID levels. Automotive and white goods sector demand have driven the steel demand recovery. Are you on the hook for communicating the company’s […]
Indian aluminum sheet, in addition to 17 other countries, hit with U.S. anti-dumping duty
Some Indian experts are of the view that the U.S.’s newly imposed import tariff on aluminum sheet products, including on Indian aluminum sheet, will not affect Indian aluminum producers in a major way. Are you under pressure to generate aluminum cost savings? Make sure you are following these 5 best practices! U.S. slaps anti-dumping duty […]
India mulls extending anti-dumping duties on some steel products from U.S., others
India’s Commerce Ministry has launched an inquiry, based on a complaint by Indian steel players, to review the need to reimpose anti-dumping duties on certain steel products imported from at least seven countries, the New Indian Express reported. Are you under pressure to generate stainless steel cost savings? Make sure you are following these five […]
U.S.-based ArcVera Renewables enters India’s renewable energy storage market
India’s renewable energy sector, the fourth-most attractive renewable energy market in the world today, is all set to get a new player. U.S.-based ArcVera Renewables, which specializes in consulting and technical services, has announced its entry into India’s solar, wind and hybrid energy storage market. ArcVera has opened up an office in Bengaluru in the […]