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Prices rise on supply disruptions, cost pressures

Indian steel industry is currently navigating a complex phase marked by supply-side disruptions, escalating input and logistics costs, and resilient domestic demand. Insights from T. V. Narendran, CEO and Managing Director...
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Prices surge on Middle East supply risks

Global aluminium markets have entered a phase of heightened volatility, with prices surging sharply amid escalating geopolitical tensions in West Asia and mounting concerns over supply disruptions.
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Decoding the gap between high inventories and tightening supply fundamentals

The global copper market in 2026 is undergoing a structural transition driven by geopolitics, declining ore grades, and accelerating electrification. Global copper mine production reached approximately 22.6 million tonne...
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Galvanising metal balances growth with structural tightness

Global zinc mine production rose to 12.59 million tonne in 2025, marking a healthy 5.4% year-on-year increase, as output improved across several key producing regions. However, this expansion has not translated...
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Prices decline as oversupply & bearish bets weigh on market

As the global push toward electrification accelerates, lead—once the cornerstone of the battery industry—is facing a structural decline in demand, weighed down by environmental concerns and technological displacement.
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Prices surge as Indonesia tightens supply & geopolitical risks escalate

As with other base metals nickel markets too have entered a phase of heightened volatility on account of several reasons including policy shifts in Indonesia, geopolitical disruptions, and supply-side constraints across the...
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Holds firm amid macro volatility, ESG & green mining initiatives

The global tin market is treading a cautious path, caught between strong long-term demand drivers linked to sustainability and a near-term environment clouded by geopolitical and macroeconomic uncertainty.
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US data, China exports & Fed policy to determine the white metal’s trajectory

Silver prices in March 2026 delivered a rollercoaster performance, characterized by extreme volatility and a net downward correction from earlier-year highs. The month saw sharp declines driven by profit-taking,..
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Prices in downtrend as Fed rate cut prospects dim on higher oil prices, rising inflation

Gold prices steadily declined as rate cut prospects dimmed on rising inflation concerns and higher oil prices amidst major conflict between US-Israel & Iran.
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Antimony market prices fall despite strong outlook

Antimony market prices are down 36% from the June 2025 peak, when they hit 6.65x the 2020 average. The rally was fuelled by surging PV demand paired with supply disruption and export controls from the largest...
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Vedanta Chairman calls for resource self-reliance, simpler regulation and greater trust in entrepreneurs

India’s steel industry is in the midst of structural expansion, driven by infrastructure intensity, manufacturing growth and policy alignment. Few companies illustrate this transition as distinctly as Evonith Steel.
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Ferro alloys market appears promising driven by evolving dynamics across industries

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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Ferro alloys industry at an inflection point: Geopolitics, energy economics, and India’s strategic positioning

The global ferro alloys industry is entering a decisive phase marked by structural shifts in geopolitics, energy markets, trade realignments, and the accelerating transition toward low-carbon steelmaking. Traditionally viewed..
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Odisha: The nerve centre of India’s ferro alloys industry – opportunities, constraints, and the road ahead

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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China’s green ferro-alloys push accelerates, but pricing power remains elusive

China’s ferro-alloys industry is undergoing a significant transformation as it aligns itself with the broader decarbonisation agenda reshaping global metals markets. Driven by a combination of technological innovation, policy direction...
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Manganese alloys under pressure: Africa–China axis, supply risks, and India’s strategic dilemma

The global manganese alloys market is increasingly being shaped by a combination of resource concentration, logistical fragility, and the overwhelming influence of China as both the largest consumer and price setter.
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Ferrochrome in India: Balancing domestic strength with global volatility

India’s ferrochrome industry forms the backbone of its stainless steel sector, providing a critical alloying element that imparts corrosion resistance, strength, and durability. As one of the largest producers of chromite ore globally...
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Chrome is a crucial input of the country’s stainless steel industry

Small and micro-scale foundries in Coimbatore are beginning to feel the pressure from a sharp rise in aluminium prices, with industry representatives warning that continued volatility in raw material costs could squeeze...
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Refractory industry at the forefront of India’s rapid economic growth

India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the auto sector for FY25, forecasting a domestic sales volume growth rate of 6%-9% (FY24: 12%-14%). The personal mobility segments namely...
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Carbon markets, CBAM, and the future of ferro alloys: Redefining global competitiveness

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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AAI urges Ministry of Commerce & Industry to exempt aluminium from RoDTEP rate cuts

The Aluminium Association Indian (AAI) has urged the Director General of Foreign Trade (DGFT), Ministry of Commerce & Industry, to exclude aluminium and aluminium products from the scope of the government’s...
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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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Prices rise on supply disruptions, cost pressures

Indian steel industry is currently navigating a complex phase marked by supply-side disruptions, escalating input and logistics costs, and resilient domestic demand. Insights from T. V. Narendran, CEO and Managing Director...
Read More

‘Execution, not investment, to decide India's next 100 mtpa steel growth’26

India's steel sector is entering one of its most decisive growth phases, but the country's ability to reach the National Steel Policy target of 300 MTPA crude steel capacity by FY2030 will depend less on investment...
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Vizsla Copper CEO sees Cu outperforming gold

Copper could emerge as the strongest performer in the current commodity cycle, potentially outpacing both gold and silver, according to Craig Parry, Chairman and CEO of Vizsla Copper Corp.
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US met coal offers limited relief as India's steel sector faces import dependence

India's growing reliance on imported metallurgical (met) coal is unlikely to ease significantly despite increasing supplies from the United States, according to a recent analysis. While the US has emerged as India's...
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How South Asia can build energy security in the shadow of the West Asia conflict

The months since the West Asia conflict began have produced a steady stream of evidence supporting something we have long argued: A country's import dependence for fossil fuels is a structural vulnerability...
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'State polls trigger political shift, raise fiscal concerns'

India's latest state election outcomes have not only reshaped the political landscape but also intensified concerns around fiscal sustainability, with aggressive welfare spending emerging as a defining feature of electoral...
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IMF flags 'triple whammy' risks for India

India could face a potential "triple whammy" of risks stemming from energy shocks, tightening global financial conditions, and an adverse monsoon, according to Krishna Srinivasan of the International Monetary Fund (IMF)
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Larsen & Toubro secures order from JSW Steel for capacity expansion

Larsen & Toubro's Minerals & Metals business has secured its largest-ever domestic order in the metals sector from JSW Steel, marking a significant milestone for both companies as India's steel industry prepares...
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India's steel output rises 5.8% in April

India's steel sector continued to show steady growth in April 2026, with crude steel production rising 5.8% year-on-year to 14.09 million tonne, supported by strong demand from infrastructure, construction...
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Steel Exchange gets 5-yr MES approval renewal

Steel Exchange India Limited has received a five-year renewal of approval from the Military Engineer Services (MES) under the Ministry of Defence for the supply of its TMT bars, strengthening the company's presence...
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Jindal Stainless Q4 profit jumps 41%

Jindal Stainless reported strong growth in profit and revenue for the March quarter and FY26, but warned that margins could come under pressure in FY27 due to rising fuel costs linked to the West Asia crisis.
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NMDC ups iron ore prices by Rs 200/t

State-owned NMDC has increased prices of both iron ore lump and fines by Rs 200 per tonne with immediate effect, a move that could influence steel production costs. The country's largest iron ore miner has fixed the price...
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Hindustan Zinc enters Dow Jones Best-in-Class Emerging Markets Index

Hindustan Zinc Limited has been included in the Dow Jones Best-in-Class Emerging Markets Index 2026 for the first time, marking a major milestone in the company's sustainability and ESG journey.
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PE investment in metals & mining surges to $9.09 billion in Q1

Private equity and venture capital investment in the metals and mining sector witnessed a sharp surge in the first quarter of 2026, with deal value reaching $9.09 billion, according to S&P Global Market Intelligence data.
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ECLGS 5.0 to benefit 45% of MSME accounts, unlock Rs 2.55 lakh cr credit flow

The newly approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 is expected to provide significant liquidity support to India's micro, small and medium enterprises, with nearly 1.1 crore MSME accounts...
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Rare earths, PCBs among 40 sub-sectors put on FDI fast track

India has identified rare earth magnets, printed circuit boards and several other critical manufacturing areas among 40 sub-sectors that will receive expedited clearance for foreign direct investment proposals from China...
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MSME Cu recyclers face shutdown risk as West Asia war disrupts scrap supplies

India's copper recycling sector, largely dominated by MSMEs, is staring at the risk of widespread shutdowns as supply disruptions linked to the ongoing West Asia conflict choke raw material availability, inflate costs...
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Vedanta poised for strong Q4 performance on aluminium and zinc tailwinds

Vedanta Limited is expected to report a robust performance for the March quarter (Q4FY26), with analysts projecting a sharp 50-60 per cent year-on-year rise in EBITDA, driven by favourable commodity..
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India auctions 46 critical mineral blocks

India has accelerated its push toward securing critical mineral resources, with the government successfully auctioning 46 blocks across six rounds and launching the seventh tranche offering 19 additional blocks...
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HZL slips to 8th in global silver rankings

Hindustan Zinc Limited, India's largest silver producer, has slipped significantly in global rankings, falling to eighth position in 2025 from third place in 2023, according to the latest Global Silver Survey 2026 by the The Silver Institute.
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India-Zambia mineral talks stalled

India's efforts to secure critical mineral resources in Zambia have suffered a setback, with negotiations over cobalt and copper exploration stalling due to lack of clarity on mining rights, according to sources.
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HCL rules out JV talks with Codelco

Hindustan Copper Limited has clarified that it is not currently in discussions with Chile's Codelco for forming a joint venture, even as it continues to assess exploration data shared by the global mining major.
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FICCI Net Zero Forum 2026 charts roadmap for India's climate-responsible future

The second edition of the FICCI Net Zero Forum - "Pathways to a Climate-Responsible Future" held at The Park, Raj Bhavan Road, Hyderabad, on April 10th, 2026, brought together policymakers, industry leaders...
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India's goods exports fall 7.4% in March

The US-Israel war with Iran and the resultant blockade of the Strait of Hormuz, a key waterway, caused India's merchandise exports to fall 7.4% year-on-year to $38.92 billion in March; shipments to the West Asian...
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EU mulls expansion of CBAM to 180 more items

The European Union has started examining the proposal to expand the scope of carbon tax and bring 180 new steel and aluminium products under it from January 2028. The European Parliament's Committee on the Environment,
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India-UK FTA may come into force mid-May

The Comprehensive Economic Partnership Agreement (CETA) is likely to come into force from the second week of May as the ratification process and completion of other legal requirements enter into the final stage, according...
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ADB raises India FY27 growth to 6.9%

The Asian Development Bank (ADB) raised India's GDP growth estimate for 2026-27 by 40 basis points to 6.9%, citing stronger consumption and investment momentum. It also projected growth to pick up further to 7.3%...
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IMF upgrades India GDP growth projection

The International Monetary Fund (IMF) has upgraded India's GDP growth projection for FY27 to 6.5%, raising it by 0.1 percentage point from its January 2026 estimate of 6.4%, in its April 2026 World Economic Outlook (WEO)...
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