This morning in metals news, Rio Tinto downgraded its 2019 iron ore guidance, India is looking to combat Chinese steel imports with higher duties, and the copper price lost some gains late this week on the back of U.S.-Iran tensions and ahead of the G20 Summit in Japan. Need buying strategies for steel? Request your […]
Tag: India
Will the ‘Fruit and Nut Tax’ Adversely Impact Indo-U.S. Relations?
India’s retaliatory tariff on 28 U.S. goods, including some finished metal products, has been dubbed the “fruit and nut tax” in trade circles. The facetious label, though, does not take away from the seriousness of the developing situation. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In India and the […]
Jindal Stainless to Produce Stainless Steel E-Rickshaws
Among many other things, India is a land of auto rickshaws (or “tuk-tuks,” as they are called in Thailand). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook These three-wheeler “traffic dodgers” are a common sight on Indian roads. They also form part of India’s exports to other nations in Southeast […]
Indian Business Groups Lobby for Auction of Iron Ore Mining Licenses
A new government in India has steel companies and iron miners rushing to it with urgent pleas on iron ore mine auction. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook One appeal is for the government to auction iron ore mining licenses held by private miners when they expire in […]
India’s Hindustan Copper Aims to Expand Ore Production
One of India’s largest miners, Hindustan Copper Ltd., is looking to grow in ore production by 25% to 5.15 million tons in fiscal year 2019-2020. The company has set a revenue from operations target of approximately U.S. $286 million, with a capital expenditures of about U.S. $86 million, mostly for mine expansions. Need buying strategies […]
This Morning in Metals: Iron Ore Price’s Rise Slows
This morning in metals news, the iron ore price slipped Thursday, the Indian steel import market is dominated by Japan and South Korea, and trade tensions between the U.S. and China continue to gain. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Slows Down Supported by supply-side concerns, […]
Why Narendra Modi’s Landslide Victory is Good for the Economy but Bad for India
It almost sounds like an oxymoron, doesn’t it: how can an event be good for the economy but bad for the country? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook As former President Bill Clinton’s campaign strategist James Carville quipped, “it’s the economy, stupid,” meaning if the country is doing […]
India in Wait-and-See Mode on U.S.-China Trade Developments
The tariff war between the United States and China is being watched with trepidation in India. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook There’s no unanimous view yet on the fallout of the tariffs with respect India. Most in India are in a wait-and-see mode as things unfold. Overall, […]
After Thyssenkrupp JV Falls Through, Tata Steel Looks to Other Options
After the collapse of its deal in Europe with Thyssenkrupp AG, Tata Steel is reportedly considering several options, including a new partner for a joint venture (JV), according to Bloomberg Quint. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report in the Business Standard quoted Tata Steel CEO and […]
India Aims to Speed Up Activity Toward Renewable Energy Installation Goal
Faced with the prospect of perhaps not being able to meet the target of installing 175 GW of renewable energy by 2022, the Indian government has decided to adopt a new tack. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Media reports in India say the government is mulling a […]
