One of India’s premier industrial representative bodies, the nonprofit Federation of Indian Chambers of Commerce & Industry (FICCI) has expressed concern over the drop in mining concessions being awarded every year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In a presentation to Niti Aayog, a policy think tank of […]
Tag: India
Indian Government Eyes Trade Action on Imported Stainless Steel
Already labeled a protectionist regime, the Indian government recently issued notice to the World Trade Organization (WTO) of its intent to bring more stainless steel items under quality control, The Hindu Business Line reported. The move has Indian importers of stainless steel worried. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what […]
This Morning in Metals: China’s Stimulus Measures Boost Steel, Iron Ore
This morning in metals news, the Chinese government’s decided to continue stimulus measures offers a boost to steel and iron ore, India could move past the U.S. in steel use and Tokyo Steel holds prices steady for a fifth consecutive month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China […]
Indian Steel Exports to U.S. Plummet as Aluminum Exports Surge
Amidst the trade tension that exists between the United States and India, now comes a report that India’s steel exports to the U.S. last year fell by a whopping 49%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the other hand, exports of Indian aluminum went up by 58%. […]
India Launches Anti-Dumping Probe of Flat Steel Products from China, South Korea, Vietnam
The Indian government has initiated an inquiry into an allegation of dumping of aluminum and zinc-coated flat steel products from China, the Republic of Korea and Vietnam. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The probe will cover the October 2017-September 2018 period, but data from 2015 will also be looked at […]
This Morning in Metals: China’s March Iron Ore Imports Rise
This morning in metals news, iron ore shipments into China picked up in March after February’s 10-month low, India’s top court blocked ArcelorMittal’s attempt to buy the bankrupt Essar Steel and the E.U. opened the door to formal trade negotiations with the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
India’s Reliance on Coal Draws Criticism from Greenpeace, Other Agencies
India’s continued emphasis on coal-based power plants has drawn flak from Greenpeace India and other agencies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club said the Indian government continued to support thermal power plants when they […]
Indian Steelmakers Grapple with Sanctions-Diverted Iranian Steel
As if cheap steel imports from the Association of Southeast Asian Nations (ASEAN) was not enough of a problem to handle, India’s steelmakers are now fretting over heavily discounted steel imports coming in from Iran, a country that is under economic sanctions imposed by the United States. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: LME Steel Contract Launch Could be Delayed
This morning in metals news, Reuters reports the launch of the London Metal Exchange’s planned steel contract will likely be pushed back to 2020, China’s average daily steel output in January and February increased, and India’s imports of iron ore were up 157% during the April-December 2018 period. Need buying strategies for steel? Request your […]
India’s NCLT OKs ArcelorMittal’s Resolution Plan for Essar Steel
Steel tycoon Lakshmi Mittal’s dream of re-entering the Indian steel market is about to come true. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After almost a year of legal tussles, the National Company Law Tribunal (NCLT), Ahmedabad bench, gave the green light to ArcelorMittal’s resolution plan for the debt-laden […]
