India’s safeguard duty, China’s anti-involution policy set stage for stable prices
For over a decade, the global steel industry has endured a volatile journey defined by unpredictable price cycles, policy shocks, and fierce international competition. Prices surged during infrastructure booms, collapsed under the weight...
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White metal to surge towards Rs 261 per kg in near-term
Aluminium prices, in the month of August 2025, saw a series of short sharp turns on both, LME and MCX exchanges. The silvery metal i.e. aluminium initially started off the month on a bullish note primarily due to renewed optimism...
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Red metal’s strategic role strengthens amid policy shocks, supply disruptions
From August 1 to September 5, 2025, the copper market moved through a highly volatile phase, marked by an imbalance between rising consumption and stagnant supply. Global demand is projected to increase by 2.5 percent...
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Prices strengthen on inventory drawdown, positive macroeconomic signalsm
The London Metal Exchange (LME) zinc market recorded a strong uptrend during 1–5 September 2025, fuelled by bullish sentiment stemming from supportive US economic indicators and the persistent drawdown in inventories.
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Prices edge higher on supply tightness, seasonal demand
Lead prices on the London Metal Exchange (LME) exhibited a steady, modest rally in August 2025, driven by tighter supply conditions and seasonal demand increases, particularly from the automotive battery sector.
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Rallies late in August amid volatility, balancing oversupply & EV optimism
Nickel prices on the London Metal Exchange (LME) rose sharply in the last week of August compared to the previous week. Prices on the SHFE are also moving upward. It experienced significant volatility...
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Prices hold firm amid tight supply, low inventories & AI-driven demand
Tin prices continued their upward momentum through August, closing the month near multi-month highs. On August 28, the London Metal Exchange (LME) 3-month contract settled at $34,802 per tonne, reflecting a market that remains...
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Soars to record highs in August, outpacing gold
Silver prices surged to unprecedented levels in August 2025, cementing their place as a standout performer in the commodities market. Closing the month at $39.43 per ounce on the international spot market, silver recorded a 6.8%...
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Expectations of Fed rate cut in Sept buoys the yellow metal’s prices
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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Congo extends cobalt export ban; India passes new mining bill
The global cobalt market has entered a period of high volatility in 2025, driven largely by policy decisions in the Democratic Republic of Congo (DRC), which remains the world’s dominant cobalt supplier, accounting for nearly 70% of global production.
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India’s Copper Tube Industry Achieves Self-Reliance and Export Surplus: A New Era of Growth
The Indian copper tube industry has witnessed a remarkable transformation, driven by visionary policy initiatives. We extend our heartfelt gratitude to Honorable Prime Minister Shri Narendra Modi ji for his leadership...
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India challenges US copper tariff at WTO, raising stakes in trade talks
India has formally sought consultations with the United States at the World Trade Organisation (WTO) over Washington’s decision to slap a 50 per cent duty on certain copper products, a move that threatens to disrupt...
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India faces growing copper crunch amid energy transition
Copper lies at the heart of the energy transition as a critical component for transforming the Indian economy, from the power grid and electric vehicles (EVs) to construction and advanced manufacturing. Moreover, as India focuses...
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Govt’s Vision Document to prop up production & supply of this critical metal
India is experiencing a surge in copper demand due to rapid economic growth, urbanization, and a focus on renewable energy, while its domestic copper production lags behind, creating a significant import dependency.
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Copper smelting in India: From deficit to deal-making—and why Gujarat now sets the pace
India’s copper smelting landscape is in the middle of a structural reset. On one side: a demand curve steepened by grid build-out, renewables, data centers, EVs, and transmission upgrades. On the other: a raw-material...
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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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White metal to surge towards Rs 261 per kg in near-term
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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Cu policy overhaul needed: Report
India needs urgent policy reforms to unlock its untapped copper reserves and reduce import dependence, according to a new report by the Centre for Social and Economic Progress (CSEP).
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‘Silver to touch Rs 1.5 lakh/kg soon’
Silver prices could climb to as much as Rs 1.5 lakh per kilogram over the next 12 months, supported by robust industrial demand, safe-haven buying, and a weaker US dollar, according to a quarterly outlook...
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Metals market sees optimism amid demand recovery
Analysts remain optimistic about both demand recovery and structural shifts in the metals industry. Companies are increasingly adopting renewable energy solutions such as solar and wind, which help reduce...
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India’s coking coal imports to rise as steel capacity targets 300 mt by 2030
India's coking coal imports are set to witness a steep rise as the country moves closer to its ambitious goal of expanding steel production capacity to 300 million tonne (MT) by 2030....
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GST 2.0: Simplified taxation, amplified consumption
Emkay Research, in its latest economic update, notes that India is set to witness a major shift in its indirect taxation framework with the upcoming Goods and Services Tax (GST) overhaul, effective September 22, 2025.
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Fitch raises copper, aluminium, gold, and lithium price outlook
Fitch Ratings has raised all of its copper assumptions, reflecting steady growth in metal consumption. We have also raised our near-term assumptions for iron ore, Australian thermal coal and platinum group metals...
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Hindalco urges policy backing for aluminium growth
India's aluminium sector will need strong policy backing to achieve its next phase of growth as consumption accelerates, a senior Hindalco Industries executive said Wednesday last.
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GST cuts to boost demand, ease inflation: BoB
India's recent Goods and Services Tax (GST) rationalisation is expected to add nearly Rs 1 lakh crore to household consumption in FY26 while lowering inflationary pressures, Bank of Baroda said in a report.
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Steel ind engages govt to cut input costs, eyes affordable growth
The Indian Steel Association (ISA) has initiated fresh discussions with the government aimed at reducing the input cost of steel production, with iron ore affordability at the centre of these talks. The move comes amid...
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India bets on specialised steels to drive auto sector growth
Union Steel Minister HD Kumaraswamy has underlined the government's determination to develop specialised steels that can power India's fast-growing automotive industry. Speaking at a Society of Indian Automobile...
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India turns net steel importer in August
India's steel trade saw sharp divergence in August as exports jumped more than 50 per cent while imports, though lower year on year, outpaced outbound shipments, turning the country into a net importer.
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K'taka secures Rs 2,345 cr steel plant investment
Karnataka will soon see the establishment of a Rs 2,345 crore steel plant in Koppal district, marking a major boost to the state's industrial landscape. State Industries Minister M.B. Patil announced that Japanese major Sumitomo...
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NMDC rides on strong demand, firm iron ore prices
NMDC Ltd. has reported robust growth in sales and production through August, even in a typically weak monsoon season. Sales volumes rose 8% year-on-year last month, driving overall growth in the first two months of Q2 FY26 above 10%.
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GST overhaul to cut coal tax, lower power costs
The government has unveiled a significant reform in the taxation of coal, aimed at reducing the overall tax burden and lowering the cost of power generation. Announced on Thursday last, the reforms are expected...
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Govt aims for swadeshi solar cells by 2028
The Indian government is preparing a comprehensive roadmap to establish a fully indigenous solar manufacturing ecosystem, spanning wafers, ingots, polysilicon, and solar cells, Union Minister for New and Renewable...
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Industry eyes AI, green transition financing
The Indian steel industry is increasingly exploring artificial intelligence (AI) adoption and green transition financing to ensure sustainable growth. Stakeholders had gathered for a two-day Steel Conclave 2025 in New Delhi..
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AI-driven demand poised to push Cu prices higher despite near-term headwinds
Copper prices may face turbulence in the near term as global trade tensions and weakening U.S. consumption weigh on demand, but artificial intelligence (AI) and grid electrification are expected to drive a powerful....
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Vedanta advances plans for 3 MTPA aluminium smelter in Odisha
Vedanta Aluminium is moving ahead with land acquisition for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, as part of its strategy to double overall capacity, a senior company executive said.
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Hindustan Zinc seals Rs 85-cr heritage pact
Hindustan Zinc Limited (HZL), a Vedanta Group company and India's largest integrated producer of zinc, lead, and silver, has entered into a Memorandum of Understanding (MoU) with the Rajasthan Heritage Authority (RHA)...
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Vedanta Aluminium eyes 1-mt billet club
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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Anglo-Teck $53bn copper merger
In one of the biggest deals in mining history, Anglo American and Teck Resources have agreed to merge, creating a copper powerhouse with a combined market value of $53 billion. The move signals how central copper has...
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Successful Shanghai International Die Casting Exhibition 2025
The 19th Shanghai International Die Casting and Nonferrous Casting Exhibition impressively showed where the industry is heading: more internationalization, more innovation, more high-end.
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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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