Prices in India show resilience amid global challenges and domestic growth
Steel demand in India remains resilient in 2025, buoyed by continued growth in key sectors like infrastructure, construction, and automotive. However, the Indian steel market faces significant global pressures...
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Prices stay resilient as Indian producers maintain strong profit margins
Despite facing global trade disruptions and heightened tariff barriers, Indian primary aluminium producers are poised to maintain healthy profit margins in fiscal 2025, underpinned by cost competitiveness...
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A strategic asset in the age of electrification & digital transformation
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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Prices remain under pressure as supply outpaces demand
Zinc prices remain under pressure as the metal enters 2025, reflecting a mix of supply recovery and subdued demand. Zinc has underperformed the rest of the London Metal Exchange (LME) base metals pack this year.
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Prices strengthen on rising demand, supply constraints
The month of May 2025 witnessed a firming of lead prices on the London Metal Exchange (LME), continuing the upward trajectory that began in late Q1. Lead futures for May delivery closed at $2,078.50 per metric tonne...
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Prices surge amid growing demand from EVs, infra development
Global nickel market is undergoing significant transformations driven by rising demand for electric vehicles (EVs), advancements in mining technologies, and increasing sustainability concerns. The global market for nickel, valued...
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Prices climb as global supply tightens and tech demand holds firm
Tin prices have remained elevated through early May 2025, driven by a mix of global supply disruptions and steady demand from electronics and high-tech sectors. The London Metal Exchange (LME) three-month...
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White metal’s growth in industrial sector is expected to keep prices buoyant
April 2025 was a volatile month for the global silver market, wherein the white metal crashed to its 8 month low due to profit taking as the prices rallied to their all-time highs in March 2025 in the first week itself.
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Prices scale new highs amidst fears of escalating global trade tensions, faltering equity markets
Fears of escalating global trade wars owing to prospective US trade tariffs led gold prices to new highs. MCX Gold April 2025 futures started the month at Rs. 85,384 per 10 grams, up by 1.38...
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Cobalt ban in Congo: India’s strategic rise to opportunity
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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Powering Progress: Emmes Metals shaping India’s aluminium future with innovation & sustainability
The Indian metals industry is undergoing a transformation, shaped by global supply chain challenges, government policies, and the push for sustainability. In this exclusive interview, Emmes Metals Private Limited shares insights...
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Ferro alloys - the backbone of the steel & stainless steel industry
Ferro alloys refer to the various alloys of ferrous metal or iron, which are used in steel production, especially alloy steel and stainless steel. As India’s steel production is increasing every year, so is the demand for ferro alloys.
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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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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 to grow...
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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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India, Japan warn of tariff retaliation at WTO
India and Japan have formally notified the World Trade Organization (WTO) of their intention to consider retaliatory action against U.S. tariffs on steel and aluminium. The notifications follow similar moves...
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Jindal Stainless seeks protection against imports
Jindal Stainless is in active discussions with the government to implement protection measures for the domestic stainless steel industry, according to Managing Director Abhyuday Jindal. While the company has witnessed...
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India's iron ore imports surge 76% in Jan-Apr 2025
India imported approximately 2.88 million tonne of iron ore-including fines and pellets-between January and April 2025, marking a sharp 76% increase compared to the same period last year, according to data reported...
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'Modern warfare fuels metals demand surge'
Veteran mining entrepreneur Robert Friedland says modern warfare and rising demand for advanced weaponry have dramatically reshaped global metals demand - and the West is unprepared.
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Impact of Bhushan Steel - JSW SC verdict
In 2019, JSW Steel, India's largest steelmaker owned by Sajjan Jindal, acquired Bhushan Power & Steel for Rs 19,700 crore through a bankruptcy resolution, marking its largest acquisition to date. With this, JSW Steel...
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Odisha to auction 30 iron ore blocks this year
In a major development for India's steel industry, the Odisha government has announced plans to auction around 30 iron ore mines in 2025. The announcement was made during a high-level meeting between Chief Minister...
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2,515 acres allotted for steel units in W. Bengal
In a major push to industrial development, the West Bengal Cabinet has approved the allotment of 2,515 acres of land across the state for setting up steel production units. Announcing the decision on Wednesday last...
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Moody's forecasts stable iron ore prices at $80-100/t
Despite subdued demand from China and elevated production levels globally, the iron ore market is expected to stay balanced, according to Moody's. The international credit rating agency forecasts that iron ore prices...
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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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