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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Prices surge amid supply constraints and geopolitical factors
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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Prices surge 25% in 2024 amid supply shortages, rising demand from green tech
Tin continues to be a pivotal element in the energy transition, a point emphasized during the LME Seminar recently. While copper is often highlighted as the key transition metal, the significance of tin is frequently...
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First Fed rate cut since ’20, escalating ME conflict, led to a steady rise in prices
Increasing expectations of U.S. Fed rate cut in September meet along with heightened geo-political tensions especially in Middle East, helped the steady rise in gold prices almost through the month.
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Lowering custom duties on critical metals: A golden opportunity for India’s semiconductor & EV industries
India’s recent decision to lower custom duties on critical metals is a strategic move set to revolutionize the country’s semiconductor and electric vehicle (EV) industries. By reducing the financial burden on importing...
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Mining taxation - its impact and implicationsy
Giving a boost to the mining sector, especially commercial coal mining, and bringing in reforms to attract more investment into the sector is the direction taken by the government in its announcements intended to revive...
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Unearthing opportunity: Why the time is now to invest in mining technologies for sustainable growth
The Indian aluminium industry is strategically well placed in the world with discernible growth plans and prospects for the future. India is the world’s second biggest aluminium producer and third biggest consumer...
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How sustainable practices can drive inclusive growth in modern business
India’s mining sector is on the brink of a transformative journey toward sustainability and technological innovation. As the world increasingly prioritizes sustainable development and environmental stewardship...
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How are diversified miners tackling scope 3 emissions?
The first scope 3 indirect emissions target among diversified mining companies was set by Vale just six years ago in the form of a modest 15% reduction by 2035. But with both stakeholder pressure and transition risk mounting,
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ABB India pioneers digital and sustainable solutions for the steel & metals industry
In the steel and metals industry, operational efficiency and sustainability are critical, and ABB India is leading the charge with its cutting-edge technological solutions. Through innovations powered by its ABB Ability™ platform..
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Unlocking low-grade iron ore: Role of beneficiation in India’s steel sector
Global steel companies’ production is largely dependent on the blast furnace route, which accounted for around 72% of the total crude production in 2023. As the world steel producers focus on sustainability...
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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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‘India needs Rs 10 lakh cr investment to reach 300 mt steel target by 2030’
The Indian Chamber of Commerce (ICC) hosted a session titled Viksit Bharat: India @ 2047 through the Prism of the Steel Sector recently. Mr Sandeep Poundrik, Secretary, Ministry of Steel, graced the occasion...
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Cu demand to soar, Al gains momentum
The global demand for copper is expected to rise significantly over the next six months, closely followed by aluminium, according to a recent poll conducted by the London Metal Exchange (LME)...
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NMDC reports record-breaking Jan 2025 performance, sets ambitious growth targets
In its December review, Fitch Ratings has revised its iron ore price forecast for 2024, raising it to $110 per tonne. This adjustment comes as the international rating agency acknowledges higher prices for the raw material throughout the year.
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RBI cuts repo rate after 5 yrs
In a groundbreaking decision, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25% during its Monetary Policy Committee (MPC) meeting in February 2025. This marked the first rate...
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India's first Tailings Policy to recover critical minerals
The government is set to introduce its first-ever "tailings policy" aimed at recovering critical minerals from secondary sources like mining waste, coal fly ash, and metallurgical slags. Announced...
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India maintained its position as a net importer of steel in April-Jan period
India maintained its position as a net importer of steel during the April-January period of the 2023-24 fiscal, with inbound shipments rising over 20% year-on-year to 8.29 million tonne (MT), according to official data...
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Govt defines green steel
India has introduced a definition for 'green steel,' becoming one of the first countries to establish clear parameters for decarbonized steel production. The taxonomy framework, launched by Union Minister for Steel and Heavy Industries H.D. Kuamaraswamy, aims to transform...
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3rd India-Japan steel dialogue fosters bilateral collaboration in steel sector
The 3rd India-Japan Steel Dialogue was held on February 4, 2025, at Vigyan Bhavan, New Delhi, reaffirming the commitment of both nations to deepen cooperation in the steel industry. The event was jointly...
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JSW plans Rs 1 trn steel plant in Gadchiroli
JSW Group Chairman Sajjan Jindal announced a monumental Rs 1 trillion investment to establish a 25 million tonne steel plant in Gadchiroli, Maharashtra. The project, spread over seven to eight years, is set to become...
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Steel sector powers half of J'khand investment
Steel sector emerged as the primary focus of Jharkhand's investment drive at the Bengal Global Business Summit (BGBS) in Kolkata, accounting for nearly half of the Rs 26,000 crore worth of proposals...
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ArcelorMittal urges EU support for green steel
ArcelorMittal has called on the European Union to enhance trade protections and boost support for green steel initiatives, citing mounting challenges faced by the European steel industry. "The European steel industry...
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Vedanta seeks $1 bn in debt financing to expand Zambian copper mines
Vedanta Resources is looking to secure approximately $1 billion in debt financing to accelerate the development of its Konkola Copper Mines (KCM) in Zambia, according to Chris Griffith, head of Vedanta's base metals unit.
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Anil Agarwal eyes expansion of Vedanta Resources operations in Assam
Assam Chief Minister Himanta Biswa Sarma revealed that Anil Agarwal, Chairman and Founder of Vedanta Resources, has shared an ambitious vision to expand the group's operations in the state.
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India's gold demand to ease in 2025 after notching a nine year high
India's gold demand is expected to cool off in 2025 after reaching a nine-year high last year, as record-high prices begin to weigh on jewellery consumption. However, the rising prices are likely to drive...
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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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