It seems all too familiar — one step ahead, two steps back. The cancelation by India’s top court, the Supreme Court, of all iron ore mining permits in Goa, one of the country’s top producing provinces for this raw material, has led to concerns being raised in industry and and economic circles of the country […]
Tag: India
Big Names of Steel Look to Acquire Stressed Indian Steel Assets
Steel is the buzzword in India these days. In addition to increased uptake, the revival in the steel cycle has also led to an unlikely output – many steel majors are now showing renewed interest in acquiring stressed Indian steel assets that have been put on the block for loan default. Now, Indian steel is […]
Mercom: India’s Solar Power Capacity Rises to 20 GW in 2017
New research has shown that India achieved an operational solar power capacity of 20 gigawatts (GW) by the end of 2017. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Mercom India Research has claimed a record 9.5 GW of solar power capacity was likely added in 2017, taking the total […]
Indian Steel Exports Post ‘Unprecedented’ Rise in 2017
There’s a feel-good story emerging out of India vis-a-vis the steel sector. A recent policy document showed a rise in steel exports in 2017, while a freshly released World Steel Association (WSA) report recorded a growth in crude steel production last year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The […]
Tata Steel Sees ‘Great Opportunity’ for Growth in India
Tata Steel is turning bullish on growth in India. Its global CEO and managing director, T.V. Narendran, has said the time had come for Tata Steel Ltd to start its next leg of expansion. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “We see great opportunity to grow in India and […]
This Morning in Metals: Indian Crude Steel Production Up 6.2% in 2017
This morning in metals news, Indian crude steel production jumped 6.2% in 2017, a Swiss steel firm was chosen to buy a troubled French steelmaker and Novelis announced that its aluminum will be supplied for the 2018 Jeep Wrangler. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Indian Crude Steel Production […]
The Conundrum of Growth in India
India is often touted as the next China — a similarly sized population is expected to offer vast potential, particularly coming from a low per capita usage of metals, energy and just about everything else. India just needs to be freed from bureaucracy and the shackles of its earlier obsession with socialism and it will […]
India, Iran Sign $2BN Deal for Rail Sector Cooperation
This development could bring some cheer to India’s Steel Authority of India Limited (SAIL), the state-run corporation that has a monopoly in the supply of railway tracks, and some of the domestic steel companies. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India and Iran recently signed a deal worth U.S. […]
This Morning in Metals: Chinese Aluminum Output Rises in December
This morning in metals news, China ramped up its aluminum output in December, British police are looking into allegations of pension fraud against steelworkers and India considers a plan to have its steel ministry oversee iron ore and coal operations. Want to see an Aluminum Price forecast? Take a free trial! British Police Look Into […]
Dept. of Commerce Announces Preliminary Affirmative Determinations in CVD Investigation of Steel Flanges
The U.S. Department of Commerce took another step forward in its investigation of steel flanges from China and India, announcing affirmative preliminary determinations in its countervailing duty (CVD) investigation on Wednesday evening. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In its release covering the announcement, the department once again touted […]