Many view tiny Hong Kong as something of an anathema — a hangover from the days of the British empire, part of China but not part of China, often missing the point that that is exactly its strength (or has been).
Tag: L1
Week in Review: Mitigating steel price spikes; supply chain impacts; lead, zinc surpluses
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner:
Indian government launches coal reforms, aims to save on imports
Sector experts in India are hailing the new coal mining and mineral sector reforms announced a few days ago by the country’s finance minister, believing the reform will open up commercial coal mining, attract investments and save on India’s import bills, thus pushing self-reliance in coal production.
How reliable are India and Pakistan’s supply chains in the current environment?
A disturbing article in the usually sober British newspaper The Telegraph makes for difficult reading for consumers with supply chains dependent on the Pakistan or Indian subcontinent. It suggests, for different reasons, both countries are significantly underreporting the level of coronavirus deaths. In the process, both countries could be a ticking time bomb for a […]
MetalMiner’s Don Hauser on the falling steel market: don’t get comfortable, because prices will rise
Steel prices have been caught in a long-term downtrend since the summer of 2018 and, more recently, have faced a decline in demand related to the COVID-19 pandemic. Steel mills have suspended production at furnaces around the country amid the drop in demand, particularly from users like the automotive sector. After suspending production in March, […]
Economists debate whether inflation will follow the pandemic
Economists and parts of the media are openly debating whether the massive financial support that is being injected into the economy and the resulting unprecedented levels of debt governments are taking on will fuel inflation down the line.
Fed’s industrial production index posts largest drop in 101-year history
The COVID-19 pandemic continues to wreak havoc on economic activity around the world. That impact was particularly noticeable on the U.S. industrial sector last month.
India charts its own path through the coronavirus pandemic
The fear, so far largely unfounded, at the start of the pandemic outbreak is that it would be bad for developed economies with well-funded health care systems but disastrous for developing economies with immature or underfunded health care systems. The reality has been much more mixed.
Stainless price rises offer a hint of support for nickel
Nickel prices have seen support in recent months more from supply-side concerns. Initially, support came from bringing forward of Indonesia’s raw material export ban. More recently, support came from concerns the coronavirus pandemic would shut down mines in the Philippines and Indonesia, in addition to disruption of shipping to top consumer China.
Indian steel sector critical of rise in country’s iron ore exports
The rising exports of iron ore, especially pellets, from India has put steel manufacturers and exporters at loggerheads. According to official figures, India’s ore exports between January and March 2020 were 8.9 million tons against 2.0 million tons during the same period last year. In fiscal year 2020, exports were at 25.14 million tons, up […]
