India’s renewable energy sector, the fourth-most attractive renewable energy market in the world today, is all set to get a new player. U.S.-based ArcVera Renewables, which specializes in consulting and technical services, has announced its entry into India’s solar, wind and hybrid energy storage market. ArcVera has opened up an office in Bengaluru in the […]
Tag: L1
The case for globalization is on shakier ground
The widely, if not universally, held belief that globalization is a win-win panacea for growth has never looked shakier. While President Donald Trump has led the charge on calling out the failings of unfettered engagement with China and all that entails in terms of loss of manufacturing capability and sharing of hard-won technology, he is […]
Automotive giants Fiat Chrysler, PSA to merge
It is not often the world’s largest carmakers engage in mergers and acquisitions among themselves. Fiat Chrysler and Renault Nissan announced a $35 billion plan to merge back in May 2019. The merger would have created the third-biggest carmaker, behind Volkswagen and Toyota. But within 10 days of the announcement, FCA pulled out and it […]
U.K. car manufacturing on the rocks
We may be coming out of the first pandemic lockdown and business does, broadly, appear to be picking up; however, but some sections of manufacturing, including U.K. car manufacturing, are still suffering badly. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving […]
Global copper mine production down 1% as prices continue to rise
As copper prices have continued to rise over the last six months, copper mine production has fallen. According to the International Copper Study Group (ICSG), copper mine production fell 1% during the first half of the year. Furthermore, the global copper market posted a deficit of 235,000 tons during the first half of 2020, according […]
Oil price recovery stumbles as some OPEC producers miss output cut targets
OPEC+’s production cuts have been pretty successful at steadying the oil price this year. First, the cuts steadied the market. Furthermore, rising prices came in the face of oversupply and a pandemic-induced collapse in demand. However, the alliance of producers remains far from a solid coalition. The MetalMiner 2021 Annual Outlook consolidates our 12-month view […]
India takes steps to restrict copper, aluminum imports
FurAccording to the Indian Financial Express, the country is intending to take a leaf out of the European Union’s book and introducing an import surveillance scheme for aluminum and copper imports. Does your company have an aluminum buying strategy based on current aluminum price trends? India’s rising copper, aluminum imports Like the E.U.’s scheme, the […]
Iron ore price falls, but is it a pause before further rises or the top?
An article in the Australian Financial Review (AFR) underlines the bullish narrative accompanying the iron ore price’s performance this year. “Chinese steel consumption has just blown consensus out of the water this year,” the report notes, citing analyst comments, adding, “The macro backdrop, in terms of China, is very strong for all commodity consumption, and […]
Global Precious MMI: After big gains, silver price holds steady … but could have room to rise
The Global Precious Monthly Metals Index (MMI) gained 3.0% for this month’s MMI value, as the silver price steadied in the second half of August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today. Silver surge Last month, MetalMiner’s […]
Copper MMI: Copper prices pick up, aided by strong Chinese demand, supply fears
The Copper Monthly Metals Index (MMI) increased 5.1% for this month’s value, as copper prices continue to pick up globally. LME copper prices increased throughout August, trading over $6,500/mt the last few weeks of the month. SHFE prices also increased during the same period, as local demand remained strong and refined production tightened. Want an […]
