India faces a dilemma — the country has the second-highest coronavirus caseload in the world at 4.2 million people and its economy is struggling. India overtook Brazil this week, as it reported a record 90,000+ new cases on Saturday and nearly 92,000 on Sunday. Yet, despite surging infections, India desperately needs to get its economy […]
Tag: India
India struggles with the double whammy of a pandemic, economic shock
The COVID-19 pandemic has had a significant impact on the Indian economy, as detailed by the Financial Times in an article covering the country’s response to the challenges posed by the pandemic. Want MetalMiner directly in your inbox? Sign up for weekly, monthly or quarterly updates now. Q2 contractions for India, other large economies India’s […]
India to propose World Solar Bank at upcoming summit
India will propose a World Solar Bank at the World Solar Technology Summit organized by the International Solar Alliance (ISA) in September, the Business Standard reported. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the sales pitch. Sign up now. The virtual conference by the India-headquartered ISA will showcase […]
Despite COVD-19 fallout, some Indian steel executives see signs for optimism
Although domestic demand has been hit hard in India, CEOs of Indian steelmakers see signs for optimism.
Tata Steel to launch first scrap-based steel plant in India
India’s first scrap-based steel plant will soon come online. Tata Steel has set up the new plant in Haryana in central India. The plant is expected to have an annual capacity of 500,000 tons, the Hindu Business Line reported. Tata has set up the plant in collaboration with Aarti Green Tech Ltd, a subsidiary of […]
Indian sponge iron manufacturers ask government to restrict iron ore pellet exports
Indian sponge iron manufacturers are looking to the government to limit exports of iron ore pellets.
India inaugurates new 750 MW solar park as it aims to grow domestic industry
A few days ago, India took one more step in the clean energy direction when Prime Minister Narendra Modi inaugurated one of the world’s largest solar parks in Rewa in central India.
India’s Modi announces launch of auction for 41 of the country’s coal mines
India’s coal sector is in the limelight following a series of recent government decisions. A new study by data analytics company GlobalData shows that India and a few other countries would step in to bolster an anticipated about 7.8% drop in U.S. coal production this year.
India slaps anti-dumping duty on steel products from China, South Korea, Vietnam
India has imposed definitive anti-dumping duty on certain steel products imported from China, South Korea and Vietnam after an investigation established these items caused injury to domestic producers.
This Morning in Metals: U.S. steel imports down 19.2% through May
This morning in metals news: U.S. steel imports were down by nearly one-fifth during the January-May period; India has imposed duties on some steel products imported from China, Korea and Vietnam; and imports of oil country goods are down significantly this year.
