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Prices poised for recovery as trade barriers tighten

For much of the past two years, India’s steel industry has been facing a challenging pricing environment. While domestic demand has remained relatively healthy, supported by government-led...
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Prices stay elevated as tight supply offsets easing geopolitical risk

LME aluminium prices remained firm during the first week of July, supported by tightening exchange inventories and persistent supply constraints, even as easing tensions in the Middle East reduced some...
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Smelter compression & inventory drawdowns: The quantitative case for red metal’s multi-year bull cycle

The global industrial commodities complex is undergoing a profound structural realignment defined by an acute physical deficit within the refined copper market as of July 7, 2026. This underlying market...
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Prices firm on improving demand, tightening supply

LME zinc prices remained firm during the week, with the three-month contract closing at $3,551.50 per tonne on July 4, reflecting improving industrial demand and a tightening global supply outlook.
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Indonesia’s reported quota rethink caps rally

Nickel prices have retreated as the market reassesses whether Indonesia will follow through with the supply tightening that underpinned this year’s rally. Reports last week that the government may increase...
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Investor optimism keeps prices elevated

The global tin market is presenting a fascinating paradox in 2026. While supply-demand fundamentals are steadily moving toward balance, prices continue to hover near historic highs as investors remain convinced...
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Prices stay firm as India faces potential supply squeeze ahead of festive demand

Silver prices remain well supported by strong investment sentiment, resilient industrial demand and tightening physical supply, with concerns mounting over a possible shortage in the Indian market ahead of the festive...
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Fresh flare-up in ME tension, fears of higher interest rates, pushed prices down in June

MCX active Gold futures started the month of May on a steady note at Rs. 1,51,352 per 10 grams, up by just 0.16 per cent over previous month close. Later, heightened U.S.-Iran tensions helped strengthening of dollar...
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Auto-shredding policy: Reshaping scrap availability and quality in India

India’s transition towards a more organised and sustainable recycling ecosystem has gathered pace with the implementation of the Vehicle Scrappage Policy, widely referred to as the auto-shredding policy.
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India’s next mine is not underground - it’s the ‘urbanground’

For centuries, humanity has searched beneath the earth for prosperity. Every civilisation has drawn strength from the minerals hidden below its surface, and every era of industrial progress has been built upon...
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Scrap recycling acts as backbone of India’s circular economy and supports its net zero goals

Ferro alloys are essential materials used in steel production, comprising various metals mixed with iron to enhance its properties. The ferro alloys market is witnessing substantial growth, with expectations to expand at a CAGR...
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Metal scrap recycling - opportunities & challenges

India’s metal scrap recycling industry is transitioning from an informal, fragmented and unorganized sector to a formalized, technology-driven ecosystem. Valued at over USD 14 billion, it is essential for driving ...
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Unlocking the non-ferrous frontier: The macro case for Al & copper recycling

The rapid expansion of digital technologies is transforming the global economy, and at the heart of this transformation lies a critical but often overlooked resource—copper. As data centres multiply to support cloud computing,
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Formal vs informal recycling: India’s high-stakes transition towards an organised scrap economy

India’s recycling industry operates on a striking contradiction. On one hand, the country has one of the world’s most extensive material recovery networks, supported by millions of small collectors, dismantlers and scrap aggregators.
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Technology, automation to rule the future of metal recycling in India

As India’s and the world’s economy grows and industries expand, the need for metals like steel, aluminium, and copper increases. The global demand for metals is increasing, making sustainable metal recycling crucial.
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Aluminium alloys beat expectations in providing smart and sustainable engineering solution

Aluminium alloys are widely used in modern engineering due to their high strength-to-weight ratio, corrosion resistance, excellent conductivity, and recyclability. These properties make them suitable for applications...
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Ferrous scrap v/s iron ore: The cost and carbon battle reshaping steelmaking

The global steel industry is entering a decisive phase of transformation. Rising raw material costs, tightening environmental regulations and growing pressure to reduce carbon emissions are forcing steelmakers...
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Global scrap market outlook: Ferrous and non-ferrous trends reshaping the metals industry

The global scrap market is undergoing a structural transformation that is fundamentally redefining its role in the metals value chain. What was once treated as a low-value industrial residue is now increasingly viewed...
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India pushes critical minerals recycling with new processing scheme

The global ferro alloys industry is entering a structural transition where carbon intensity is no longer a peripheral concern but a central determinant of competitiveness. What was historically a cost-driven, commodity-oriented...
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From mines to highways: How smart filtration is transforming fleet performance

India’s mining and infrastructure sectors are entering a phase of accelerated growth. As the country strengthens its manufacturing base, expands infrastructure, and advances its clean energy ambitions, the demand for minerals...
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Circular economy in metals: Turning scrap into India’s strategic resource base

The global metals industry is undergoing a structural transition. For decades, industrial growth has followed a linear model—extract, process, consume and discard. But with resource pressures intensifying, energy...
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SPECTRO unveils SPECTROPORT LIBS PXL01 for advanced portable metals analysis

SPECTRO, part of AMETEK, has launched its new SPECTROPORT LIBS PXL01 portable OES metals analyzer, aimed at strengthening on-site elemental analysis and alloy verification with expanded capabilities for light element...
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The Intelligent Factory — A Practical Guide to Unlocking AI for India’s MSMEs

Artificial Intelligence is no longer a distant concept reserved for global technology giants. It is rapidly becoming an essential business tool across industries, and manufacturing is no exception. For India’s vast MSME...
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Bharat Metal Exchange marks historic transition, unveils circular economy vision & strategic NSE alliance

In a significant development for India’s non-ferrous metals industry, Bharat Metal Exchange Ltd. (formerly Bombay Metal Exchange Ltd.), the country’s apex organisation representing the non-ferrous metals
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AIFI strengthens eastern India presence with Jamshedpur session on smart forging and energy efficiency

he Association of Indian Forging Industry (AIFI), the apex representative body of India’s forging sector, has expanded its footprint in eastern India by hosting a special knowledge-driven session in Jamshedpur...
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Mining, construction capex seen doubling to Rs 10 lakh cr by 2030

Capital expenditure across sectors linked to mining and construction equipment is expected to nearly double to Rs 10 lakh crore by 2030, driven by large-scale investments in highways, metro rail, ports, airports...
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2026 Cu deficit to keep LME prices elevated: UBS

London Metal Exchange (LME) copper prices are expected to remain well supported above $13,000 per tonne despite recent volatility, with tightening global supply-demand fundamentals and an anticipated market...
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Australia sees stable metallurgical coal prices, higher exports through 2031

Australia expects metallurgical coal prices to remain broadly stable in real terms through 2031, while export volumes are projected to increase as production expands at major mines, according to the latest...
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Beyond the baseline: The impact of policy on accelerating the demand for low carbon steel

The European Commission (EC) has proposed policies designed to strengthen domestic manufacturing and demand for low carbon steel. While measures introduced in the past -such as the EU ETS and CBAM - stimulate...
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'Long steel prices may remain under stress in monsoon, flat steel seen stable'

India's domestic steel market is expected to witness divergent price trends in the near term, with long steel products likely to remain under pressure due to weak monsoon-season demand and elevated inventories...
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India's steel exports to United Kingdom may reach $1 billion in FY27

India's steel exports to the United Kingdom could rise to $1 billion in FY2026-27, supported by enhanced quota access secured under the India-UK Free Trade Agreement (FTA), a senior government official said.
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Only 1 in 3 independent SS fabricators skilled in India

Only one in three independent stainless steel fabricators in India is skilled, highlighting a significant workforce gap that could constrain the country's growing stainless steel industry, according to the country's first comprehensive...
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China's crude steel output falls 3% in H1 2026

China's crude steel production declined 3% year-on-year to 499.95 million tonne in the first half of 2026, reflecting continued weakness in domestic demand despite a modest recovery in June, according to data released....
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Odisha issues notices to 65 iron ore mines

The Odisha government has intensified action against alleged iron ore grade manipulation, issuing show-cause notices to 65 mining leaseholders after inspections found significant discrepancies between dispatched...
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Mukand to sell Thane land for Rs 506 crore

Specialty steelmaker Mukand Ltd has signed a term sheet with AGP DC Infra Private Ltd for the sale of nearly nine acres of land in Kalwa, Thane, for a total consideration of around Rs 506 crore, as the company looks to unlock...
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Downstream Al bodies seek cut in import duty on primary metal

Two leading downstream aluminium industry associations have urged the Ministry of Mines to reduce the effective Customs duty on primary aluminium, arguing that the existing tariff structure has enabled domestic producers...
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Govt raises windfall tax on diesel, aviation turbine fuel exports

The government has increased the windfall tax on exports of diesel and aviation turbine fuel (ATF) while reducing the levy on petrol exports for the fortnight beginning July 16, as it continues to calibrate fuel export duties...
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IEA warns prolonged Hormuz disruption threatens global energy security

International Energy Agency (IEA) Executive Director Fatih Birol has warned that global energy security could come under increasing pressure if oil flows through the Strait of Hormuz are not restored in the coming weeks,
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BMI raises Cu price outlook, sees $17k/t by 2035 amid widening supply deficit

BMI, a Fitch Solutions company, has raised its copper price forecasts, citing tightening supply, tariff-related market distortions and robust demand from the energy transition and artificial intelligence (AI), while projecting...
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Critical minerals boom offers emerging economies value-add opportunity: Moody's

The global race to secure critical minerals is reshaping supply chains and creating significant opportunities for resource-rich emerging economies to move beyond raw material exports into higher-value refining and processing...
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CRISIL upgrades Vedanta firms to AA+

CRISIL Ratings has upgraded the long-term credit ratings of Vedanta Ltd., Vedanta Aluminium and Vedanta Oil & Gas to AA+/Stable, while removing all three companies from "Rating Watch with Developing Implications."
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Shyam Metalics starts aluminium foil plant

Shyam Metalics & Energy Ltd. has commenced commercial production at its 18,000 tonne per annum (tpa) aluminium foil facility in Sambalpur, Odisha, marking its entry into value-added downstream aluminium products.
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IISc develops stronger aluminium alloy

Researchers at the Indian Institute of Science (IISc) have developed a lightweight cast aluminium alloy that delivers significantly higher strength and ductility than conventional aluminium alloys, offering potential applications...
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Baloch unrest hits China copper mine

Rising security concerns in Pakistan's Balochistan province have threatened operations at the Saindak Copper-Gold Project, with the mine warning that production could halt within a month if disruptions continue.
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Metal Thailand 2026 to showcase green, smart manufacturing solutions for ASEAN industry

Metal Thailand 2026, one of Southeast Asia's leading industrial exhibitions for the metal processing and manufacturing sectors, will be held from October 14-16, 2026, at the Bangkok International Trade...
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India-UK trade deal comes into effect

India-UK FTA: The India-UK Comprehensive Economic and Trade Agreement or CETA came into effect from Wednesday last. The landmark trade deal is set to deliver several benefits to Indian exporters...
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India-EU trade may be signed by year end

India and the European Union (EU) have agreed to ink the free trade agreement by the end of this year, Commerce and Industry Minister Piyush Goyal said Thursday last. Addressing the India-Finland Business Round Table...
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India, Canada CEPA talks progressing well

India and Canada concluded the third round of negotiations on the Comprehensive Economic Partnership Agreement (CEPA) late last week (July 6-10), with notable progress being made across issues. Both the countries...
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India's exports rise 15.5% in June

Rebound in shipments to west asia and strong performance in other Asian and African markets helped India's merchandise exports grow 15.5% to $40.41 billion in June. But a 31% increase in imports to $70.84 billion...
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'US-India deal ready, to be signed at right time'

India's framework trade deal with the United States is ready and will be signed at the right time, a senior official said Monday last. Both sides would find innovative ways to ensure that no new tariffs...
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US cuts India tariff threat from 500% to 100%

The United States Senate has introduced a revised Russia sanctions bill that lowers the tariff threat for countries buying Russian energy, including India. The updated proposal reduces the maximum tariff from 500 per cent...
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Net FDI flows negative in May

Net foreign direct investment (FDI) inflows turned negative again in May, after being in the positive territory for four straight months. Net FDI outflows in May were $0.1 billion...
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