India turned a net exporter of steel to China (and other countries) during April-August 2020 for the first time in several years, credit rating agency CRISIL reported. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your steel buy. India becomes net exporter amid domestic demand slump […]
Sohrab Darabshaw
Indian government prepares policy to develop steel clusters
The Indian government has prepared a draft framework policy for the development of steel clusters in the country, Manufacturing Today reported. Work on the policy, however, started sometime in late 2019 but ran into a hurdle because of the COVID-19 pandemic. Does your company have a steel buying strategy based on current steel price trends? […]
Indian aluminum sector knocked off course by pandemic
The Indian aluminum sector, which once stood firmly on the path of growth, today finds itself buffeted by the winds of uncertainty because of the COVID-19 pandemic. Industry leaders have suggested many measures to the India government to put the sector back on track. Are you under pressure to generate aluminum cost savings? Make sure […]
Despite pandemic’s impact on production, Indian steel exports rise
India’s steel production contracted since the arrival of COVID-19. However, exports surprisingly notched a new high in the April-July 2020 period. Steels exports more than doubled in these months to hit their highest level in six years, reported news agency Reuters. Are you prepared for your annual steel contract negotiations? Be sure to check out […]
Indian researchers develop new lithium-sulfur battery
A team of researchers in India have introduced an eco-friendly and energy-efficient battery that is being touted as “the future” of batteries — not only for the automobile world but for drones and other tech gadgets, too. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how […]
India to propose World Solar Bank at upcoming summit
India will propose a World Solar Bank at the World Solar Technology Summit organized by the International Solar Alliance (ISA) in September, the Business Standard reported. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the sales pitch. Sign up now. The virtual conference by the India-headquartered ISA will showcase […]
Despite COVD-19 fallout, some Indian steel executives see signs for optimism
Although domestic demand has been hit hard in India, CEOs of Indian steelmakers see signs for optimism.
Tata Steel to launch first scrap-based steel plant in India
India’s first scrap-based steel plant will soon come online. Tata Steel has set up the new plant in Haryana in central India. The plant is expected to have an annual capacity of 500,000 tons, the Hindu Business Line reported. Tata has set up the plant in collaboration with Aarti Green Tech Ltd, a subsidiary of […]
Indian sponge iron manufacturers ask government to restrict iron ore pellet exports
Indian sponge iron manufacturers are looking to the government to limit exports of iron ore pellets.
India inaugurates new 750 MW solar park as it aims to grow domestic industry
A few days ago, India took one more step in the clean energy direction when Prime Minister Narendra Modi inaugurated one of the world’s largest solar parks in Rewa in central India.
