Riding the wave of rapid infra growth, tech innovation
India’s steel industry is witnessing an impressive growth trajectory, with demand expanding at an annual rate of 9-10%. This growth rate is the highest among major global economies...
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Prices set to surge amid supply shortfall in 2025
Aluminium is projected to outperform other London Metal Exchange (LME) base metals in 2025, with analysts predicting a supply shortfall for the lightweight metal. This optimism for aluminium is echoed...
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Global demand bullish for next six months
The LME poll revealed strong optimism about copper and aluminium demand, particularly in India. A substantial 51.7% of participants anticipated a rise in copper prices over the next six months, reflecting...
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Prices to face pressures in 2025 amid easing supply constraints, global demand shifts
Zinc prices, currently maintaining levels above $2,800 per metric tonne, are forecasted to remain within the range of $2,800 to $3,200 per tonne for the remainder of this year, according to Rahul Sharma, Director–India...
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Witnessing demand boost across energy & industrial sectors
The global lead market is poised for sustained growth, with increasing consumption and rising value projected from 2024 to 2030. As a critical material used in batteries, radiation shielding, and various...
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Challenges persist amid supply glut, weak demand
Nickel prices on the London Metal Exchange (LME) closed above USD 18,000/MT on 2nd October and climbed further to around USD 18,200/MT on 3rd October. This marks a notable recovery for nickel, a critical raw...
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Elevated prices amid persistent supply challenges
Global tin prices are projected to remain high in 2025, with BMI estimating an average price of $32,000 per tonne. In the years to come, tin prices could potentially climb to $45,000 per tonne as supply constraints...
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Shines amid tariff wars, rising green energy demand
The white metal—silver—started 2025 on a positive note, trading in the green zone in January, recovering from two consecutive months of decline due to renewed buying interest from market participants.
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Record highs amid global economic uncertainty, trade war fears
Concerns about global economic growth, potential trade wars, and inflationary pressures arising from U.S. President Donald Trump’s tariff threats pushed gold prices to record levels.
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Securing India’s critical and minor metals: Strategic initiatives for a sustainable future
India faces significant challenges in ensuring a steady supply of critical minerals, primarily due to China’s dominance in the global supply chain for minerals such as lithium, cobalt, germanium, indium and other rare earth metals.
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Bolstering domestic mfg & value addition
The finance minister, in the 8th consecutive budget, lays down a well-defined strategy to focus on manufacturing in India and promote employment generation in the county. The announcements were made to make reforms...
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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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Steel cos faces new challenges amid US tariff policy shift
On February 11, 2025, the United States announced a significant shift in its steel import policy by revoking all country-specific duty exemptions under Section 232 of the Trade Expansion Act of 1962.
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Iron ore prices rebound in Feb amid supply concerns
Iron ore prices staged a recovery in early February 2025 after a challenging start to the year. May futures on the Dalian Exchange rose 5.6% to $112.22/t, while March futures on the Singapore Exchange climbed 5.3%...
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Cu prices surge amid AI boom, while tin gains momentum
Copper prices have soared, driven by U.S. market activity and tariff expectations, creating a record price gap between the Comex and LME exchanges. Strong demand, fueled by data center expansion....
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In 2025, Australia needs to accept that its iron ore and coal markets are changing permanently… and gas is not a solution
As 2024 ended, it became increasingly clear that earnings from Australia's biggest export - iron ore - are set for significant decline. And just before Christmas, the Australian government approved four new metallurgical...
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PM Modi, VP Vance discuss clean energy ties
Prime Minister Narendra Modi held a meeting with U.S. Vice President JD Vance on Tuesday, discussing avenues for strengthening energy collaboration between India and the United States. Key topics included...
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Govt allocates Rs 1,983 cr for coal gasification projects
The Indian government has approved Rs 1,983.06 crore in financial incentives to promote coal and lignite gasification projects, with Jindal Steel and Power Ltd (JSPL) and two other companies securing...
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India mulls temporary tax on cheap Chinese steel imports
India is weighing the imposition of a temporary tax ranging from 15% to 25% on steel imports from China, according to Steel Minister H.D. Kumaraswamy. This move is aimed at addressing the "serious challenge"...
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Stainless steel ind concerned over US tariffs
India's stainless steel industry has expressed concerns over the recent decision by the U.S. administration to impose tariffs on steel and aluminum imports. The 25% tax announced by President Donald Trump...
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SAIL increases capex to Rs 7,500 cr for FY 2025-26
The Steel Authority of India Limited (SAIL) has raised its capital expenditure (Capex) budget to Rs 7,500 crore for the fiscal year 2025-26, up from Rs 5,700 crore in 2024-25, according to Minister of State for Steel...
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JSW Group to invest Rs 1.2 lakh cr in K'taka
The JSW Group has pledged a massive investment of Rs 1.2 lakh crore in Karnataka across its steel, cement, paints, infrastructure, and energy sectors. Chairman Sajjan Jindal made the announcement in Bengaluru...
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Baldota to invest Rs 54,000 cr in K'taka steel plant
he Karnataka-based Baldota Group has announced plans to invest Rs 54,000 crore in setting up an integrated steel plant in Koppal taluk. With a production capacity of 10.5 million tonnes per annum, the project will be...
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Specialty steel cos commit Rs 27,106 cr under PLI
Specialty steel manufacturers have committed Rs 27,106 crore in investments under the government's Production Linked Incentive (PLI) scheme, with Rs 18,848 crore already achieved by December 2024...
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Saroj Group becomes India's first-ever SinterCast licensee
Saroj Group, a pioneering and specialized manufacturer of cylinder heads in India for over 60 years, has acquired a SinterCast licence in preparation for the start of series production of Compacted Graphite Iron (CGI).
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GREW Solar to set up 3.0 GW solar cell & module mfg facility in MP
GREW Solar, a flagship venture of the Chiripal Group, is poised to establish a three-stage backward integrated manufacturing unit in Bhopal for solar module production with a commitment to invest INR 3000 crores.
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Services sector slows to 2-yr low: PMI
Growth in India's dominant services sector in January slumped to the slowest in more than two years as demand softened but remained strong and led to a substantial rate of hiring, said a private survey on Wednesday.
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US-China trade war positive for India exporters
The restart of a tariff war between the United States (US) and China may have a positive impact on Indian exporters, as observed from the previous trade war during US President Donald Trump's first term.
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India, UK to resume FTA talks on Feb 24
India and the UK are expected to resume the talks for the proposed free trade agreement from February 24, an official said. The UK trade minister is likely to visit the national...
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Mfg PMI rises to 6-mth high in January
Indian goods producers kicked off 2025 on a robust note as Purchasing Managers' Index (PMI) rose to 57.7 in January, recovering sharply from 12-month low of 56.4 in the previous month. This rise was fuelled...
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PLI outlay for FY26 stands at Rs 19,500-crore
The disbursement of incentives under the production Linked Incentive (PLI) scheme is expected to almost double in the next financial year from the pay-outs for the current financial year and the sectors...
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Budget FY26 reflects govt's commitment to reforms and ease of doing business, say experts
World Trade Center Mumbai and All India Association of Industries (AIAI) organised an interactive discussion on 'Implications of Union Budget 2025-26' to create awareness about the various tax and non-tax...
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Mixed results expected for metal cos in Q2FY25
Metal companies are likely to show a mixed performance for the September quarter (Q2FY25), with contrasting trends between ferrous and non-ferrous sectors. Ferrous metal companies are expected to report significant...
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