By now, much has been written on U.S. trade tariffs, the latest being the 10% tariff on Chinese imports amounting to a value of $200 billion. While almost all the countries against whom the U.S. has imposed tariffs have chosen to retaliate and go in for a tit-for-tat policy, India, curiously, has decided to be […]
Tag: India
This Morning in Metals: India Mulls Increasing Duty on Steel Imports
This morning in metals news, India is considering upping its steel import duty, China’s spending on subways could assist its steel sector and an update in the Rusal sanctions saga. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Supporting the Rupee In order to give support to its currency, the […]
Moody’s Paints Bullish Picture of Indian Steel Sector
Moody’s Investors Service has said India will be the brightest spot for the steel sector over the next 12-18 months, according to a report by the Hindu Business Line. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Moody’s pointed out that India’s steel consumption was rising at least 5.5%-6% every […]
This Morning in Metals: Steel, Raw Material Prices Fall in China
This morning in metals news, prices of steel and raw materials in China are slumping, India is eyeing the No. 2 spot in the list of top global crude steel producers and copper jumps as the euro rises. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Prices Drop in China […]
Indian Exporters of Rare Earths Protest Government’s Export Prohibition
Rare earth exporters in India have lodged protests after the government snatched their rights to send these precious elements abroad. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Rare-earth metals are a group of 17 elements, which are found in geological deposits. Some of the most abundant metals in the world […]
Vedanta Plans Multibillion-Dollar Investment in Oil, Energy Businesses
The Anil Agarwal-led Vedanta Ltd. may have faced a blow when one of its operations in India was shut down earlier this year, but that is not stopping it from investing more money in the country. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Navin Agarwal, chairman of the company, has […]
India’s Coal Imports Continue to Rise
When it comes to coal, India’s litany of woes continues. Despite high prices in international markets, imports continue to rise — and there’s no letting up on that front. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook After a dip in FY 2017, overall coal imports increased 10% in FY 2018. […]
This Morning in Metals: Next Round of U.S. Tariffs on China Set to Go Into Effect
This morning in metals news, $16 billion in tariffs on imports of Chinese goods will go into effect tomorrow, optimism from the Mexican side is high with respect to a NAFTA deal and steel demand in India is pushing the global total toward a new record. Need buying strategies for steel? Try two free months […]
This Morning in Metals: Tariffs Saving the U.S. Steel Industry? Trump Says Yes
This morning in metals news, President Trump claimed his tariffs are saving the U.S. steel industry, steel supplies from Japan and South Korea to India have increased, and Turkey hits back with new tariffs in response to the U.S.’s doubling of the steel and aluminum tariffs. Lower your aluminum spend – Take a free trial […]
DOC Issues Final Affirmative Determination on Steel Flanges From India
The U.S. Department of Commerce (DOC) announced this week that it had made a final affirmative determination in its anti-dumping and countervailing duty investigations of steel flanges imported from India. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Stainless steel flanges from India were sold in the U.S. at less than […]