Domestic industry braces for price volatility amid global trade shifts, US tariffs
India’s steel industry stands at a critical juncture as global trade realignments—triggered by the reimposition of US import tariffs on steel — threaten to reshape the international flow of steel and exert downward pressure on domestic prices.
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White metal prices to hit Rs 265/kg in near term
After making a bullish start in Jan’25, aluminium prices continued with its northward trend in Feb’25 as well. Both LME Aluminium and MCX Aluminium surged by more than 2 percent and 4 percent respectively up until 22nd Feb’25.
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Prices react to trade tensions, supply disruptions
The recent surge in the Copper prices are driven by several key factors, predominantly supply disruptions and speculation surrounding U.S. tariffs. This surge has largely been attributed to supply-side constraints, particularly...
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Prices eye recovery in 2025 as supply constraints deepen
As 2025 unfolds, the global zinc market stands at a critical juncture, shaped by the interplay of persistent raw material shortages, evolving demand patterns, and wider macroeconomic headwinds. With its fundamental role...
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Price stability amid evolving demand, supply dynamics
As of March 2025, the global lead market is witnessing relative price stability, backed by resilient demand from key industries and a cautiously improving supply outlook. Lead prices have modestly increased since the start of the year...
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Prices decline on oversupply woes, policy shifts
Nickel, a critical metal for both stainless steel production and electric vehicle (EV) batteries, is navigating through turbulent times in 2025. Global economic uncertainty, shifting government policies, a relentless supply surge, and geopolitical...
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Prices declines on fragile supply, uncertain demand
As the global economy transitions toward advanced technologies and cleaner energy, industrial metals like tin are becoming increasingly critical. However, supply-side disruptions and geopolitical tensions continue to expose the structural..
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Prices expected to continue its uptrend in March as demand for the white metal accelerates
In the month of February 2025, the world silver market had witnessed an uptrend for most part of the month moving in sync with gold market. Safe haven investment in the bullion as well as increasing industrial demand for silver pushed...
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US tariff row, likely global trade wars keep yellow metal prices high
Continuing concerns and uncertainty over the imposition of new U.S. tariffs, creating possibilities of global trade wars, kept gold prices at elevated levels. MCX active Gold futures started the month at Rs. 82,304 per 10 grams...
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The bismuth crisis: Challenges for global supply chains & critical metal trade
Bismuth gained significant attention in recent weeks due to the unexpected export restrictions imposed by China, one of the world’s dominant suppliers of the metal. This rare earth mineral, crucial to a variety of industries including...
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India’s copper conundrum: Refining resilience amid global rivalry
Copper, often dubbed the “metal of electrification,” is a cornerstone of modern industrial and technological progress, playing a vital role in clean energy solutions, electrical infrastructure, and manufacturing. In India, the copper refining industry...
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Mining a cornerstone of India’s industrial growth
India’s mining and coal sectors serve as the foundation for a thriving industrial base in the country. With abundant mineral resources, India is a global leader in the production of iron ore and coal.
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Global mining sector need an estimated investment of $1.7 trl for energy transition
Hindustan Zinc’s Chairperson Priya Agarwal Hebbar at the World Economic Forum in Davos highlighted that an estimated investment of $1.7 trillion in the global mining sector is required to enable the energy transition.
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India’s forged and machined steel components industry – creating value
When Jamshedji Tata founded Tata Steel (originally known as TISCO) in 1907, he wanted to support India’s industrial development by reducing dependence on foreign imports of steel.
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Rise in steel production in India will need high quality iron ore
Minerals are precious natural resources that serve as essential raw materials for fundamental industries, so the growth of the mining industry is essential for the overall industrial development of a nation.
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Indian primary aluminium inds evolving for a bright future
The primary aluminium market is an evolving landscape offering significant opportunities for businesses and investors and the challenges it has to cope up with though. The primary aluminium market has shown remarkable growth...
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Aluminium bauxite mining in India: Current scenario, challenges, and future prospects
Aluminum is a versatile metal extensively used across various industries, from aerospace and automotive to construction and packaging. The primary source of aluminum is bauxite, an ore that contains a significant...
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Indian aluminium extrusion market set to soar to $2.5 bn by 2027
A report by Allied Market Research indicates that the Indian aluminium extrusion market generated $1.3 billion in 2019 and is projected to reach $2.5 billion by 2027, with a CAGR of 8.3% from 2020 to 2027.
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Aluminium industry reports decline in greenhouse gas emissions
New data from the International Aluminium Institute (IAI) reveals that, for the first time, total greenhouse gas emissions from the global aluminium sector did not grow, even though aluminium production grew.
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Hindalco well geared to meet country’s varied aluminium needs
Hindalco Industries Limited is the metals flagship company of Aditya Birla Group. A $26 billion metals powerhouse, Hindalco is the world’s largest aluminium company by revenues, and a major player in copper.
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ITI-1600 high-precision thickness gage
Ultrasonic thickness gauges are designed to improve safety and ensure reliability of material subject to corrosion or erosion. Corrosion gauges with their dual-element transducers are the primary inspection...
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FY25 Auto Outlook: Growth rate to moderate in personal mobility segments
While it’s an EU regulation, the Carbon Border Adjustment Mechanism (CBAM) aims to encourage decarbonisation at a global level. As the new rules will affect anyone who exports to the EU, it promises to have significant...
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SECO/WARWICK increases manufacturing capacity in India
SECO/WARWICK, one of the world’s largest global manufacturers of metal heat treatment equipment, has opened a new production hall in India. This is another step in implementing the global expansion strategy...
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Ametek India opens new facility to provide support across industries
AMETEK India Opens New Facility in Bengaluru, India (06 December 2022) – AMETEK India, a subsidiary of AMETEK Inc., is pleased to announce the inauguration of a new, state-of-the-art facility in Bengaluru that will...
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IMTMA honours their founding father Sir Dhanjishah Bomanji Cooper at IMTEX 2023
Indian Machine Tool Manufacturers' Association (IMTMA) which is the apex industry body for the machine tool sector in India hosted the 20th edition of IMTEX. IMTEX is South and Southeast Asia’s largest exhibition...
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Delhi to host Global Zinc Summit 2023
India’s leading zinc conference would bring top national and international industry experts to talk about the latest trends and opportunities for a number of global zinc applications. It will be held at Le Méridien New Delhi, India...
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Volvo and Eicher showcase future-ready mobility solutions aligned with vision of Smart Sustainability
VE Commercial Vehicles (A Volvo Group and Eicher Motors Joint Venture) unveiled a range of future ready mobility solutions from the Eicher and Volvo brands at Auto Expo 2023. Aligned with the Government’s vision...
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Kazakhstan, AIAI & WTC Mumbai to jointly promote bilateral trade
“Kazakhstan is going to organize a mega exhibition in the month of March 2023 to promote Indian products in the 11-country CIS region. The exhibition will promote Indian products across pharmaceuticals, engineering...
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Hindalco unveils Rs 45K cr vision: Engineering better futures with precision & sustainability
Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group, has unveiled a bold new brand identity, signifying its strategic evolution from a materials supplier to a solutions-driven powerhouse.
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India's coal imports rise 11.3% to 265 mn tonne in FY24
India's coal imports surged by 11.3% to 265 million tonne (mt) in the financial year 2023-24 (FY24), up from 238 mt in the previous year, according to Union Coal Minister G. Kishan Reddy. The total value of imported...
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China moves to secure key industrial metals
China is set to expand its strategic reserves of essential industrial metals this year, aiming to strengthen its supply chain resilience amid rising demand from the energy transition and growing geopolitical tensions.
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Sustainable finance: Paint it green
Green is the colour! We expect sustainable finance issuance to grow in 2025, with fast-approaching interim decarbonisation targets and continuous standardisation driving global growth. This is despite headwinds...
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India-US trade deal to ease impact of Trump tariffs
The global long steel market has kicked off 2025 under immense strain. With Chinese exports flooding the market and political uncertainty rising in the U.S. under Trump 2.0, steelmakers worldwide are feeling...
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Maharashtra govt to launch new industrial policy
In a bid to revive industrial growth, which slowed to 4.9% in 2024-25 from 6.2% the previous year, Maharashtra's Deputy Chief Minister and Finance Minister Ajit Pawar has proposed a series of policy initiatives...
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Govt aims to reduce crude oil imports
The Indian government has introduced multiple initiatives to decrease reliance on imported crude oil and enhance domestic oil and gas production, Minister of State for Petroleum and Natural Gas Suresh Gopi informed...
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Trump's steel & aluminium tariffs disrupt global trade
US President Donald Trump's decision to impose a 25% tariff on all steel and aluminium imports officially took effect Wednesday last. Trump has asserted that these tariffs would help generate factory employment...
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JSL to invest Rs 700 cr in green initiatives
Jindal Stainless Ltd (JSL) is investing Rs 700 crore in decarbonization projects over the next five years to achieve net-zero emissions by 2050. The investment will focus on renewable energy, green hydrogen, biodiversity...
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Govt gets 73 bids for specialty steel PLI scheme
The government has received 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel, aiming to add 16.5 million tonne of capacity and enhance India's...
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Vibhor Steel Odisha plant trial production begins
Vibhor Steel Tubes has commenced trial production at its Rs 119.83 crore greenfield plant in Sundargarh, Odisha, marking a key milestone in its expansion. The 120,000 MTPA capacity facility is expected to begin full-scale...
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New QCOs may hurt small manufacturers
India's small manufacturing sector faces potential shutdowns and job losses as the import of steel fasteners, including nuts, bolts, and screws, may come to a halt due to newly implemented Quality Control Orders.
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Govt receives 73 applications in 2nd round of PLI scheme for specialty steel
The Union government has received 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel, Union Steel Ministry Secretary Sandeep Poundrik announced.
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Met coke availability 'more than adequate': Steel secy
Action Construction Equipment Ltd (ACE) has secured its largest-ever order, winning a Rs 420 crore contract from the Ministry of Defence (MoD) for 1,121 Rough Terrain Forklift Trucks (RTFLTs).
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TKIL showcases high-performance jaw crushers at Odisha Mining Intl Expo 2025
TKIL Industries Pvt. Ltd. (formerly known as thyssenkrupp Industries India Pvt. Ltd.), a leading innovator in mining and material handling solutions, made a significant impact at the Odisha Mining & Infrastructure...
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Hindustan Zinc expands renewable energy commitment with Serentica Renewables
Hindustan Zinc Limited, one of the leading integrated zinc producers, reinforced its commitment to renewable energy by expanding its partnership with Serentica Renewables. The company recently signed a power delivery...
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No tariff cut pledge to US yet: Govt
The government on Monday last made it clear that it hasn't made any tariff reduction commitments to the US yet. This refutes the statement made by US President Donald Trump last week that New Delhi agreed...
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Time for "macro" trade deal with India: US
The US few days ago has asked India to bring down import tariffs for it under an all-encompassing trade deal that won't leave even the latter's sensitive agriculture markets out. In a televised address to an Indian audience from Washington, US commerce...
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India pegged as top source mkt for UK Growth Plan
The UK's capital city has unveiled an ambitious new Growth Plan' to provide an estimated GBP 27 billion extra tax revenue to fund vital public services in London and across the country, with India pegged as its number...
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'India's eco growth to exceed 6.5% in FY26'
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts...
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ICC's Multi-Modal Transport Conference: Paving way for India's logistics future
The Indian Chamber of Commerce (ICC) recently concluded its high-profile conference, Navigating the Future: Multi-Modal Ecosystem in India, a significant event held as part of ICC's Centenary Celebrations.
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Economy on recovery path, says RBI report
The Indian economy is on a recovery path in the second half of the current financial year (H2FY25), with increasing probability that the reduction in policy repo rate during the February monetary policy review...
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SBI Research estimates FY25 GDP at 6.3%
SBI Research in a report has estimated India's GDP growth to come in at 6.3% in FY25, on the assumption that no major revision takes place for Q1 and Q2 growth figures released by the National Statistical Office (NSO).
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India, Qatar sign landmark MoUs
In a significant step towards strengthening bilateral relations, India and Qatar inked two key Memorandums of Understanding (MoUs) Tuesday last, marking a new phase in their long-standing partnership.
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ICDC Copper Conference 2025: Driving innovation, quality, and sustainability in India's copper industry
The "ICDC Copper Conference 2025," organized by the Indian Copper Development Centre (ICDC), was held on February 12th, 2025, in Mumbai. The event brought together industry leaders, technical experts...
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