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 […]
Tag: India
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 […]
This Morning in Metals: U.S. Steel Imports Fall in August
This morning in metals news, U.S. steel imports fell in August compared with July, House Speaker Nancy Pelosi called for the beginning of an impeachment inquiry of President Donald Trump and Indian mining companies are concerned about the impending expiration of leases for non-captive iron ore mines. Keep up to date on everything going on […]
Slowing Growth in India, China to Weigh on Iron Ore Market
Iron ore has had a volatile year. Based on a forecast made by sector experts and research agencies, the coming year will not bring any cheer on that front. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of the gloom and doom scenarios stems from the fact that two […]
This Morning in Metals: World Gold Council Launches Responsible Mining Principles
This morning in metals news, the World Gold Council unveiled a set of principles geared toward promotion of responsible mining, Apple’s newest iPhone includes stainless steel and an Indian steel tycoon is critical of the pace of the country’s insolvency proceedings. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook World […]
India Aims to Bolster Energy Supply, Per Capita Energy Consumption
As part of its energy planning — especially on the oil and gas front — India has been actively looking at its neighbors in the past few months for support and supply. Besides Russia, the other countries India is looking to for fulfilling its energy requirements is the United Arab Emirates (U.A.E.), Saudi Arabia and […]
India’s Steel Sector Woes Continue as Steel Inventories Pile Up
India’s growth rate has slowed, which in turn means sluggishness in the manufacturing sector. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook All of the above means lower consumption of steel. Riding on these developments comes the news that domestic steel producers are sitting on a “larger than usual” steel […]
Gold Market Subdued Ahead of India’s Holiday Season
India is almost on the cusp of this year’s festival and wedding season, but the domestic bullion market remains subdued, contrary to historical norms. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The reason? Gold prices in India have rallied 20% this year based on several internal and external factors, […]
This Morning in Metals: U.S. Raw Steel Production Rises 4.4%
This morning in metals news, U.S. raw steel production for the year through Aug. 24 is up 4.4%, Beijing’s Chalco reported profits declined in the first half of the year and India’s steel demand is slowing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Raw Steel Production Jumps 4.4% The […]
India Could be Net Steel Importer for Second Straight Year
All indicators seem to show that India may end up being a net importer of steel for the second consecutive year in fiscal year 2020, according to sector experts and ratings agencies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The reasons underpinning this development are many. In a desperate […]
