India’s new steel impetus has started to pay dividends, it would seem. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Government of India (GoI) has claimed that not only had the new policy saved it about $739 million (Rs 5000 crore) by way of foreign exchange, it had also helped […]
Tag: India
Indian Copper Smelter Closes After Local Residents Protest on Environmental Grounds
The decision by a provincial government in India to shut down a copper smelter plant may have serious repercussions on copper supplies, not only in India but also globally, experts claim. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Tuticorin-based plant was ordered shut by the government of the Tamil Nadu State […]
Chinese Mining Operations in Disputed Region Spark Controversy With India
It was a report in the Hong-Kong-based newspaper, the South China Morning Post that sparked it all off. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The report claimed that India’s neighbor, China, had started large-scale mining operations in Lhunze county on its side of the “disputed border” with India in […]
This Morning in Metals: India Files Steel Tariff Complaint at WTO
This morning in metals news, India went to the World Trade Organization (WTO) to file a complaint over the U.S.’s steel tariff, President Trump is reportedly considering a 10% cut in imports of steel and aluminum from the E.U., and the copper falls after optimism fades vis-a-vis U.S.-China trade relations. Need buying strategies for steel? […]
CRISIL Report: Resolution of Indian Stressed Steel Assets Will Alter the Sector
Even as news came in late last week that some of India’s biggest steelmakers were set to expand production after reporting solid quarterly earnings amid strong steel prices, well-known research agency CRISIL has said in a report that resolution of stressed steel assets – those that are bankrupt – will “alter” the Indian steel sector […]
India Expresses Concerns at WTO About Possibility of Trade War Sparked by Section 232 Tariffs
India has been champing at the bit ever since the United States imposed a 25% import tariff on steel and 10% on aluminum imports to protect its own industry. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need Last week, India told an informal meeting of heads of delegations at […]
India is Changing Faster Than Many of Us in the West Realize
India has over-promised and under-delivered on so many fronts over the decades. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Home of the world’s largest and, despite its young age and huge diversity, still thriving democracy, it has promised growth to rival China. Apart from brief bursts of activity, it has […]
Floating Solar Plants Gain Momentum in India
There’s a new trend on the solar energy harnessing front in India. Like in China and a few of the Southeast Asian nations, India is seeing a spurt in what are called “floating solar plants.” Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In late 2017, the country inaugurated its largest […]
Indian Steel Demand on the Upswing as Bidding for Essar Heats Up
The Indian steel industry is witnessing some interesting times — and not in the sense of the Chinese curse. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook After a hiatus, domestic demand is up. On the other hand, the sector is seeing consolidation as international and domestic steel players spar over […]
India Increasingly Looks Eastward in Its Exports
A new report in HSBC’s Navigator series focuses on the long-term ascendancy of the Asian region as it explores both anticipated and actual trends in India’s trade patterns with its nearby neighbors. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India enjoys a balance of trade surplus in services but a […]
