Pricing outlook strengthens amid proposed safeguard duty, policy reforms
Domestic steelmakers may gain a pricing headroom of up to Rs 6,000 per tonne on hot-rolled coils if the proposed 12% safeguard duty on flat steel imports is implemented, according to India Ratings and Research (Ind-Ra).
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Prices turn bearish; to hit Rs 231 per kg in near term
A lot happened in a period of one month which turned the tables for aluminum. Some of the prime factors such as the global tariff war, sluggish demand, sanctions on Russia and the highly volatile US Dollar Index influenced...
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Red metal at crossroads: Fundamentals driving a market in flux
With changing production dynamics, rising trade tensions, and strategic supply chain repositioning, the global copper market is emerging into a phase of rapidly changing fundamentals. The true narrative is that copper...
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MCX Zinc is likely to fall to Rs 248 per kg in near term
Base metals have had the most tumultuous month of Mar’25; all thanks to US President Donald Trump who has kept the world markets on edge. One of the base metals, zinc, too wasn’t spared.
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Prices hold firm amid market pressures
Lead, a versatile and widely used metal, plays a crucial role in various industries, from energy storage to construction. As of April 2025, the lead market has experienced notable fluctuations influenced...
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Indonesia’s dominance, price volatility raise concerns for India’s green transition
The growing dominance of Indonesia and China in global nickel production and refining is raising concerns over supply security and pricing for India’s clean energy transition. As India intensifies efforts to meet...
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Prices surge amid Myanmar earthquake, global supply constraints
Tin prices surged to a two-week high in London on March 28, as speculators reacted to an earthquake that shook Myanmar, a major global tin producer. The natural disaster raised concerns about potential delays...
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Safe haven investment, industrial demand pushes the white metal prices up
The white metal—silver—rallied to multi year highs in March 2025 tracking the rally in gold market. Safe haven investment in the bullion as well as increasing industrial demand for silver pushed the prices higher.
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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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PM Modi urges ind to forge a resilient, revolutionary & steel-strong India
Prime Minister Narendra Modi has called upon India's steel industry to unite in building a resilient, revolutionary, and "steel-strong" nation. Virtually addressing participants at the India Steel 2025 event, the Prime Minister...
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Copper outlook dims on trade war, China slump
The outlook for copper prices in 2025 has turned increasingly bearish amid escalating tensions between the US and China, coupled with continued weakness in China's property sector. Analysts suggest that these factors...
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Govt moves to secure steel scrap supply as global export barriers loom
In a strategic move to safeguard domestic steel production, the Ministry of Steel has initiated inter-ministerial consultations aimed at ramping up the local availability of scrap - a vital raw material for steelmakers.
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China's Economic Pulse: Ground realities and their implications for the global metals market
In a recent two-week visit across China-covering the cities of Beijing, Shanghai, Suzhou, and the Anhui province-we undertook a close look at the evolving landscape of one of the world's most influential economies.
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China hits US goods with 125% tariff
In a significant escalation of trade tensions, China has announced a sharp increase in tariffs on American imports, raising the levy to 125% from the previous 84%. The move comes in direct retaliation to recent tariff...
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Finance Min urges early capex push, zero delays
In a bid to boost economic momentum and build domestic capacity amid global uncertainties, the Finance Ministry has urged all central ministries and departments to frontload their capital expenditure (capex) for the current...
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Local steel cos regain pricing power as imports ease
India's steel industry is gaining fresh momentum, buoyed by a notable dip in imports and sustained domestic demand. Riding this positive wave, steel producers have leveraged the opportunity to increase prices, reaffirming...
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India's steel trade deficit hits decade high in FY25
India's grip on steel self-sufficiency is weakening under the weight of surging imports, particularly from China. The country has once again become a net importer of steel, with the trade deficit in FY25 reaching a 10-year...
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JSW, Tata Steel post record Q4 output
India's top steelmakers, JSW Steel and Tata Steel, posted record production in Q4 FY25, driven by capacity expansions. JSW Steel reported its highest-ever consolidated crude steel output at 7.63 million..
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NMDC Steel crosses 2 mt mark
NMDC Steel Ltd (NSL) has crossed the 2 million tonne (mt) mark in hot metal production at its Nagarnar plant in FY25-doubling output from 966,468 tonne in FY24, its debut year post commissioning on August 15, 2023.
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JSL Super taps Sunsure for solar power push
JSL Super Steel, a subsidiary of Jindal Stainless, has signed a deal with Sunsure Energy to source 11 MW of solar power for its Uttar Pradesh plant, marking a major move toward greener manufacturing.
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US halts 26% tariff on Indian imports for 90 days, but steel & base duties stay
In a strategic recalibration of its recent protectionist stance, the United States has temporarily suspended the implementation of a steep 26% tariff on Indian imports for a 90-day period, offering a short but significant...
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Mukand makes strides with first coke bucket for greener steelmaking
In a significant leap toward sustainable steelmaking, Mukand Limited, part of the Bajaj Group and a trusted name in stainless steel and heavy engineering, has successfully rolled out its first-ever Coke Bucket and Carriage...
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India posts record renewable energy capacity addition in FY25
India's renewable energy sector achieved a historic milestone in FY25, adding its highest-ever annual capacity of 28.7 GW, a sharp rise from 18.5 GW in FY23. Solar energy remained the primary growth engine, accounting...
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ACE puts India on the global map at Bauma 2025 with cutting-edge engineering
India's engineering prowess is in the spotlight as Action Construction Equipment Limited (ACE) makes a bold statement at Bauma 2025, the world's largest trade fair for construction machinery, being held in Munich...
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23 years on, Anil Agarwal marks HZL's remarkable turnaround
Marking 23 years since Vedanta Group's landmark acquisition of Hindustan Zinc Limited (HZL), Anil Agarwal, Chairman of Vedanta Ltd, took to social media to reflect on the company's extraordinary transformation.
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Government to incentivize critical minerals recycling
In a strategic move to accelerate its green energy ambitions, the Government of India is set to introduce incentives for the recycling of 24 identified critical minerals, including high-value resources such as lithium...
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BGR Tech, Chemie Tech join forces for global green hydrogen push
In a strategic move set to accelerate the global green energy transition, BGR Tech Ltd., a frontrunner in Green Hydrogen technology and Oil & Gas equipment manufacturing, has entered into a Heads of Agreement (HOA)...
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RBI cuts repo rates by 25 bps
The Reserve Bank of India's (RBI) has cut rates by 25 bps and highlighted global uncertainty with respect to tariff and other Policy headwinds. It changes stance to accommodative from neutral.
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Overall exports cross $ 820 bn in FY 25
India's overall exports - merchandise and services - grew 6% on year to cross $ 820 billion in 2024-25 despite many headwinds, commerce and industry minister Piyush Goyal said Wednesday last. At the meeting with the export...
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ADB revises India's FY26 growth to 6.7%
The Asian Development Bank (ADB) has revised downwards India's GDP growth forecast for the financial year 2025-26 (FY26) to 6.7 per cent from the earlier 7 per cent in its April 2025 latest outlook report.
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India-EU FTA soon with tariff cuts on merchandise
Faced with the deadline of 2025-end to conclude negotiations on the proposed free trade agreement (FTA), India and the European Union (EU) are now considering completing the task in phases so that businesses on both sides..
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Banks may write off bad loans of Rs 1.51 trl
Commercial banks in India are expected to write off bad loans worth Rs 1.51 trillion in the current financial year (FY26) to further clean up balance sheets, according to ICRA estimates. The rating agency also said...
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Electronics PLI plan to be rolled in 3 weeks
The government on Tuesday last notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed...
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India growth shines amid global slowdown: WEF
A majority of chief economists worldwide predict weaker global economic conditions in 2025, according to the latest Chief Economists Outlook by the World Economic Forum (WEF). The report highlights significant challenges...
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Australian businesses advocate for a comprehensive FTA with India
"India holds immense strategic and economic importance for Australia. The Australian government has recently launched an India-specific strategy titled 'New Roadmap for Australia's Economic Engagement with India'
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