A move to hammer out a new trade agreement between the Association of Southeast Asian Nations (ASEAN) and other associated free trade agreement (FTA) countries has left India’s steel, manufacturing and other industries somewhat jittery. The country’s steel sector has been working overtime trying to make the Narendra Modi-led government understand its concerns, pointing to […]
Tag: India
Tata Steel Aims to Unify Brand Ahead of Long-Term Capacity Goals
Much is happening at Tata Steel. To begin with, the Indian steel conglomerate announced it was looking at increasing its installed capacity from the present 18.5 million tons (MT) per annum to 30 MT by 2025. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In the near term, Tata wants […]
First Indian Steel Conclave Touts Indian Steel Sector’s Progress
It was the first edition of its kind, but it attracted quite an audience. The International Steel Conclave, organized by the Indian Steel Association and Messe Frankfurt India, was held in the Indian capital of New Delhi on Oct. 25. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Using the […]
This Morning in Metals: Two Chinese Economists Critical of Country’s Economic Model
This morning in metals news, two prominent Chinese economists have been publicly critical of China’s economic model, the U.S. Department of Commerce has launched an audit of tariff waivers received by companies, China’s steel demand appears to be a boon for the Indian iron ore sector and U.S. Steel shares dipped after hours Thursday following […]
India’s Gold Buying Season Not Looking as Shiny
Festival season in India normally means one thing: a rush to buy gold. Outside of China, India sees the most amount of gold buying when Indians are, well, happy or enjoying a moment — be it a party, a wedding or a festival. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
India Grapples with Repercussions of U.S. Metals Tariffs
The ripples continue to spread across the pond of international trade from President Trump’s steel and aluminum tariffs. In a recent post from India reported in Aluminium Insider, an analysis of the scrap, primary and downstream semi-finished metals trades into and out of India reveal how economies on the other side of the globe are grappling […]
India’s Coal Shortage Drags On
This story of India’s coal shortage refuses to die down. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook For some years now, many parts of the country have been facing power cuts. Why? Because of a shortage of coal, which becomes even more acute in the monsoon season (which is […]
Latest Tragedy at Indian Steel Plant Again Raises Red Flags Regarding Safety Standards
Loss-making balance sheets and cost-cutting in — or lax — oversight of health and safety can go hand in hand; they are often examples of poor management. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The aforementioned also sometimes go hand in hand with state ownership – in both the […]
This Morning in Metals: Gillette Wins Exemption from Section 232 Steel Tariff
This morning in metals news, Gillette gets a break from the U.S.’s Section 232 steel tariff, Century Aluminum strikes a deal to keep its Charleston smelter going through at least 2020 and Indian steel mills are increasingly looking outside the country for iron ore. Need buying strategies for steel? Request your two-month free trial of […]
Demands Coming From All Quarters to Restart Mining of Iron Ore in Goa
The Indian province of Goa, known world over for tourism, was once also a well-known destination on India’s mining map. But legal, environmental and political issues ensured the stoppage of mining operations there in 2012. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Though operations did resume to a degree […]