Tag: India

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

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, […]

India faces headwinds as economic growth slows around the world

India faces headwinds as economic growth slows around the world

Pragmatically, you could hope Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) focus on Hindu nationalism is more a smokescreen to deflect attention from a deteriorating economy than it is the start of India’s spiral to increasing polarization and fragmentation of its multicultural democracy. The economy has certainly been on a slide for much […]

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, 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 […]

ArcelorMittal, Nippon Steel complete acquisition of India’s Essar Steel

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

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 […]

India’s domestic steel demand fell in October for the first time in 7 months

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 […]

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