This morning in metals news, the copper price picked up steam, the U.S. terminated the status of India and Turkey as beneficiaries of the Generalized System of Preferences (GSP) program, and Vale SA shares fell as the Brazilian miner’s CEO and other executives resigned over the weekend. Need buying strategies for steel? Request your two-month […]
Tag: India
India Faces Lack of Domestic Steel Options for Railway Development Initiatives
The railways sector is one of the high-growth areas in India, so far as infrastructure is concerned. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of it still runs on a setup that its former colonial ruler, the British Empire, left behind, and then some. In a bid for […]
This Morning in Metals: Brazil Suspends Operations at Two Vale Facilities
This morning in metals news, a Brazilian governmental regulator has suspended operations at two Vale SA facilities, India’s steel production jumped 4% year over year during the April 2018-January 2019 period and a company is seeking a federal loan to bring a promised aluminum mill to Kentucky. Need buying strategies for steel? Request your two-month […]
India’s Aluminum Producers, Like Steel Counterparts, Battle Rising Imports
Last week, MetalMiner reported on the challenges India’s steel companies face in the form of cheaper imports, and their desire for the Indian government to impose an import tax. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The woes of India’s aluminum producers, too, are similar. Primary and secondary producers have […]
Indian Government Aims to Boost Domestic Steel Sector with Import Restrictions
Steel imports are once again threatening India’s steel sector, spurring major steel companies to ask the government to impose steel import duties. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In the past few months, representatives of steel companies like Tata Steel and JSW Steel have met steel ministry officers […]
Indian Gold Prices Rise as Analysts Expect a Demand Bump in 2019
Gold is back in the news in India, the second-largest consumer market in the world. Gold prices have been moving upward, buoyed by several conditions, since January. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On Feb. 6, for example, retail gold prices touched approximately U.S. $461 (Rs 33,000) per […]
This Morning in Metals: Steel Mills’ Capacity Utilization Rate Hits 80.5%
This morning in metals news, U.S. steel mills’ capacity utilization rate inched up this past week, India’s steel sector looks to the government for protection from diverted steel, and the Office of the United States Representative (USTR) released its annual report on the WTO compliance of China and Russia. Need buying strategies for steel? Request […]
India Moves Past Japan into No. 2 Spot of Global Steel Producers
It was an expected development — so when it was announced, it did not come as much of a surprise to many in the steel sector in India (or even globally). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook An updated World Steel Association analysis of crude steel outputs by […]
India’s Coal Sector is in Need of a Boost
India’s coal sector clearly needs some urgent initiatives from the government in order to give it a boost. Some analysts say it’s time the government opened up commercial coal mining to the private sector. This would have a dual effect — it would attract global coal mining companies and also bring new technology and best […]
Indian Government Forecasts Up to $10B in Auto Sector Investment by 2023
In a late December report, the Indian government said it forecast the Indian automotive sector to attract between U.S. $8 billion and $10 billion in local and foreign investment by 2023. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Year End Review 2018 by the Ministry of Heavy Industries […]
