Domestic market holds firm amid global weakness
Indian steel market, while demonstrating long-term resilience, is currently undergoing a short-term volatility. Prices across the value chain have been under pressure for much of 2024, although the momentum began...
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Trump doubles tariff on aluminium to 50%; MCX Al to fall
The month of May 2025 bought a lot of breather to the markets which benefitted the light weight metal Aluminum. Both LME Aluminium and MCX Aluminium surged in the first half of May’25 by almost 3.42 percent...
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Smelter constraints, energy transition fuel structural tightness in red metal
Copper has long held a central role in the industrial economy, but today it is transitioning into a material of even greater strategic significance. As the global economy pivots toward decarbonization, digital connectivity...
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MCX Zinc likely to fall towards Rs 251 per kg in near term
Like all other base metals, zinc too made its way up north in the month of May’25. LME Zinc and MCX Zinc surged by more than 1 percent and 4 percent respectively in the month of May’25. However, a micro look into...
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Prices maintain upward momentum amid supply constraints
The lead market has shown resilience despite global economic uncertainty, adapting to fluctuating demand and evolving regulatory pressures. As of early June 2025, lead prices have continued their upward...
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Prices remain under pressure amid persistent oversupply, slowing demand
The global nickel market continues to face a significant oversupply challenge that is expected to persist for several more years. Industry experts, speaking at a recent Shanghai Metals Market conference...
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Prices rise amid concerns over Myanmar supply resumption
Tin prices rebounded strongly on June 4, touching a one-week high, driven by mounting concerns that the resumption of mining operations in Myanmar’s tin-rich Wa State may take longer than anticipated.
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Prices soar to record highs on global cues, eye Rs 1.20 lakh mark by Diwali
Silver prices hit an all-time high of Rs 1,04,100 per kilogram in the national capital on June 05, reflecting a strong surge driven by a cocktail of international cues, technical momentum, and industrial fundamentals.
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Uncertainty over US trade policy, likely Russia-Ukraine ceasefire kept the metal prices steady
US import tariff threats and subsequent announcement of trade deals / potential trade deals with various trading partners, kept gold prices range bounded.
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India’s evolving minor metal market: Price shifts and industrial impact in 2025
The Democratic Republic of Congo (DRC) stands as the world’s preeminent source of cobalt, a critical mineral essential for modern battery technology. Estimates indicate that the DRC is responsible for a substantial majority of the world’s..
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India’s stainless steel sector calls for National Policy support at GSSE 2025
The Indian stainless steel industry has made a powerful appeal for a comprehensive National Stainless Steel Policy at the opening of the 3rd Global Stainless Steel Expo 2025 (GSSE 2025), held at the Bombay Exhibition...
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Laws for the people, not against them: Why simplicity in legislation matters
In every democratic and civilized society, laws form the bedrock of governance, justice, and societal order. However, when the legal framework intended to safeguard the rights and interests of citizens becomes...
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Refractories vital in high-temperature production of steel, cement
Refractory products and solutions are critical for the production of steel, cement, glass, aluminium, energy and all such products that require high-temperature manufacturing processes. The Indian cement sector is poised...
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Safeguarding India’s Stainless Steel Utensils Industry: A Case for Balanced Implementation of QCO
Established in 1956, the Stainless Steel Merchants’ Association has long served as the voice of India’s stainless steel kitchenware manufacturers and exporters. Representing an industry primarily composed of micro..
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Decarbonisation and the impact of hydrogen on refractory linings in iron & steel industry
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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Chrome demand driven by the growth in stainless steel sector
Mining is one of the core sectors that drive growth in an economy. Not only does it contribute to GDP, it also acts as a catalyst for the growth of other core industries like power, steel, cement, etc., which, in turn, are critical for the overall...
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Revenue of cables & wires makers to rise 15-16% in fiscal 2026
Organised cables and wires manufacturers are set to see a successive mid-term growth next fiscal building on an estimated 16% increase in fiscal 2025. This will be on the back of rising investment in end-user segments such as power...
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Clean steel casting technology
Refractories and flow control systems for clean steel casting are technology drivers because the demands on steel cleanliness are permanently increasing. Clogging and nonmetallic inclusions in steel not only contribute to additional...
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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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Trump doubles tariff on aluminium to 50%; MCX Al to fall
The month of May 2025 bought a lot of breather to the markets which benefitted the light weight metal Aluminum. Both LME Aluminium and MCX Aluminium surged in the first half of May’25 by almost 3.42 percent...
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Indian steel outlook brightens for Q1 FY26
ndia's steel industry is expected to see a notable uptrend in the first quarter of FY26, largely driven by the imposition of a 12 per cent safeguard duty on flat steel products, according to a recent report by JM Financial.
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Top metal picks: Tata Steel, JSPL, Hindalco
JM Financial has named Tata Steel, Jindal Steel & Power (JSPL), and Hindalco Industries as its top metal picks, citing improving fundamentals and policy support in the metals sector. Among steelmakers, the brokerage favours Tata Steel and JSPL, buoyed...
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Copper, aluminium poised for gains as supply tightens
Base metals such as copper and aluminium are likely to see further price increases, driven by tightening global supply and steady demand, says Kishore Narne, Director and Head of Commodities at Motilal Oswal...
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‘China's coal imports may fall by up to 100 mn tonne in 2025’
China's coal imports could decline by as much as 100 million metric tonne in 2025, according to Xuegang Li, Vice President of the China Coal Transportation and Distribution Association. Speaking at the Coaltrans...
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China copper optimism is fading
Copper prices have been volatile since the beginning of the year with this volatility mostly driven by tariff risks and China's uncertain economic recovery.
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Copper cathode supply stable: Mines Ministry
The Ministry of Mines has clarified that India's copper cathode imports have "fully stabilised" and that the domestic user industry is not facing any supply-side issues, despite recent reports suggesting a decline...
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Over 1,000 copper importers face customs heat
More than 1,000 Indian importers of copper tubes and pipes are under scrutiny from Customs authorities for allegedly misusing duty exemptions under the ASEAN-India Free Trade Agreement (AIFTA) between 2019...
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Global steel faces oversupply, weak demand: OECD
The OECD Steel Outlook 2025, released on May 27, presents a sobering analysis of the global steel industry's near-to medium-term trajectory. The report outlines persistent structural challenges that could worsen...
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IISCO taps SMS Group for high-tech coke oven
SMS group, in collaboration with MECON Limited, has been awarded a major turnkey contract by the IISCO Steel Plant (a unit of SAIL) in Burnpur, Paschim Bardhaman district, West Bengal. The project involves the delivery...
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Kumaraswamy pushes for EVs, green steel research
Union Minister for Steel and Heavy Industries, H D Kumaraswamy, emphasized the need for greater research and innovation to reduce pollution in the steel sector during recent ministry review meetings. Speaking on Tuesday...
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Tata Steel Q4 profit doubles; revenue dip slightly
Tata Steel posted a robust Q4FY25 consolidated net profit of Rs 1,301 crore, more than doubling the Rs 611 crore earned in the same quarter last year-a 113% year-on-year increase. This performance also surpassed market expectations, which estimated...
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Fitch affirms Tata Steel with negative outlook
Fitch Ratings reaffirmed Tata Steel Limited's Issuer Default Rating (IDR) at 'BBB-' but kept a negative outlook, reflecting concerns over ongoing financial risks. The rating agency cited a persistently oversupplied steel market
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Global pig iron production up 2.4% in Mar 2025
According to data from the World Steel Association (WorldSteel) and Ukrmetprom, global pig iron production rose 2.4% year-on-year in March 2025, reaching 120.8 million tonne. This figure marks a 6.7% increase compared...
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SMS Gr supply high-efficiency HybrEx® extrusion line to Hydro Gainesville
Hydro Extrusion North America, a producer of high-quality aluminium extrusions, has placed an order with SMS group and OMAV, a brand of SMS group and specialist in the field of aluminium extrusion systems, for a complete...
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Storage-backed RE capacity to rise from 0 to over 25 GW in 3 years
Installed capacity of storage-backed renewable energy (RE) in India is likely to increase to 25 - 30 gigawatt (GW) by fiscal 2028 from almost nil last fiscal. The incremental capacity will account for more than 20%...
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Revenue growth of PV dealers to rise 100 bps to 7-9% this fiscal
The domestic passenger vehicle (PV) dealership industry will see revenue growth increase by 100 basis points (bps) on-year, supported by a modest revival in sales volume even as realisations remain rangebound.
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UN warns Cu crunch could stall global green, tech shift
The world's shift toward clean energy and cutting-edge digital technologies is at risk of hitting a major roadblock-a looming shortage of copper. In a stark warning issued this week, the United Nations Conference on Trade...
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Argentina uncovers major copper, gold & silver deposit
In a geological breakthrough, Argentina has revealed what experts are calling the most significant copper, gold, and silver deposit discovered globally in the last three decades. Nestled in the remote stretches of the Andean...
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China's output cap to support Al prices
While aluminium demand faces headwinds from U.S.-China trade tensions, China's self-imposed output ceiling of 45 million tonne per year is expected to provide price support in 2025, analysts say. Aluminium prices rose 7%...
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Al could outperform copper: BNP Paribas
Despite global economic uncertainty, BNP Paribas commodities strategist David Wilson said aluminium may outperform copper in 2025 due to limited new supply growth. While copper sees a robust supply pipeline...
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India defends Cu import curbs amid inds pushback
India will defend its new quality norms on copper cathode imports in the Bombay High Court, arguing domestic supply is sufficient and imports remain healthy. The Bombay Metal Exchange and Bombay Non-Ferrous Metals Association...
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Enlight Metals expands to K'taka & Gujarat
Pune-based metal aggregator Enlight Metals Pvt. Ltd., established in 2024, has expanded operations to Karnataka and Gujarat to meet growing OEM demand. Leveraging its Mumbai service center and regional partnerships...
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Vedanta unveils breakthrough in graphite recovery
On National Technology Day 2025, Vedanta Aluminium announced it has secured a patent for a pioneering process to extract high-purity graphite (>99%) from aluminium industry waste. Developed with CSIR-IMMT, Bhubaneswar,
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Vedanta explores critical minerals across 6 states
Vedanta Ltd. is exploring critical mineral assets across Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh to support India's push for mineral security and energy transition.
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Vedanta eyes Zn & aluminium VAP growth
Vedanta is scaling its value-added product (VAP) offerings in zinc and aluminium. It has entered the zinc alloy space with a 30,000 TPA plant and is investing $1.5 billion to expand its aluminium smelting and VAP infrastructure.
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World of Cables: Cables rock wire 2026!
From 13 to 17 April 2026, wire Düsseldorf will once again be the international hot spot for industrial news and technological trends in wire and cable technologies. As a global industry hub, it is expanding its offering...
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Centre to enforce strict timelines, penalties for critical mineral mining
India is set to implement a stringent framework of deadlines and penalties for exploration and production of critical minerals, as part of an urgent push to ensure domestic security of resources essential for clean energy technologies.
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India, EU holds next round of FTA talks
India and the European Union (EU) chief negotiators began the next round of talks on the proposed free trade agreement (FTA) here from Monday last, with an aim to conclude the first phase of the pact...
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'Trade deal with India may take time'
A trade deal with India may take time as a long list of tariff lines need to be negotiated, the US commerce secretary Howard Lutnick told Bloomberg Podcasts. "India has been leaning in really hard, I would love doing a deal,
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WB Director Iyer to represent India in IMF
Ahead of a crucial meeting of the International Monetary Fund (IMF) on fresh loans to Pakistan, the government has given India's executive director at the World Bank Parameswaran Iyer temporary charge at IMF also, following...
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India's outward FDI up to$6.8 bn in April
India's outward foreign direct investment (FDI) commitments almost doubled to $ 6.8 billion in April 2025, up from $ 3.58 billion the same month last year. Sequentially, they rose from $ 5.9 billion in March 2025, according...
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India, New Zealand wrap up 1st round of FTA talks
Working against a tight deadline, India and New Zealand on Friday last wrapped up the first round of negotiations on a bilataral Free Trade Agreement (FTA). The round that started on May 5 discussed the broad contours...
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