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India defies global headwinds as domestic demand counters export pressures

India’s steel industry is poised to remain one of the world’s fastest-growing markets in FY27 despite an increasingly challenging global environment marked by steel oversupply, weakening Chinese demand, rising...
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Geopolitics, tight inventories support prices

London Metal Exchange (LME) three-month aluminium futures ended the first week of August 2026 at $3,260 per tonne, marking a remarkable recovery from the early-July low of $3,065 per tonne. The nearly 6.5% rebound...
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How freight overhead and supply deficits are driving physical copper tightness beyond smelters?

The global copper market is undergoing a structural transformation driven by simultaneous supply constraints, deteriorating smelter economics, regional inventory imbalances, supportive macroeconomic conditions...
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Prices near four-year high as tight supply and low inventories fuel rally

The London Metal Exchange (LME) three-month zinc contract is trading around US$3,640 per tonne after recently touching an intraday high of US$3,703.50 per tonne, its strongest level in nearly four years...
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Prices under pressure as LME inventories surge on Singapore stock influx

The London Metal Exchange (LME) three-month lead contract was trading at US$1,885.50 per tonne on August 6, down 0.55% on the day, as a sharp rise in exchange inventories continued to weigh on market sentiment.
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AI-driven optimism supports prices as tight supply offsets weak physical demand

Tin prices have extended their upward momentum, climbing to their highest levels in nearly two months as tightening supply conditions, a weaker US dollar and renewed optimism surrounding artificial intelligence (AI)...
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Prices extend recovery as China demand and COMEX buying boost market

Silver delivered a volatile yet resilient performance during July 2026 and the first week of August, with prices recovering from sharp corrections as strong industrial demand and renewed investor interest outweighed...
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Central banks buying, Asian demand keep prices resilient despite Q2 correction

The LBMA PM gold price averaged $4,506.29 per ounce in the second quarter of 2026, 8% below the record average seen in the first quarter but still 37% higher than the corresponding period last year.
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AAI urges PMO to curb Al imports, warns Rs 3 lakh cr investment pipeline at risk

The Aluminium Association of India (AAI) has urged the Prime Minister’s Office (PMO) to take immediate policy measures to protect the domestic aluminium industry from a surge in imports and low-quality....
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MRAI urges PMO to scrap 2.5% import duty on Al scrap, cites MSME growth security

The Material Recycling Association of India (MRAI) has urged the Prime Minister’s Office (PMO) to abolish the existing 2.5 per cent Basic Customs Duty (BCD) on aluminium scrap, arguing that the levy has raised raw material costs...
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India vs global aluminium industry: Competitiveness and trade dynamics

he aluminium industry today operates within an increasingly complex global framework, where competitiveness is shaped not only by resource availability and cost structures but also by trade policies, sustainability benchmarks...
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Indian aluminium industry beset with challenges on multiple fronts

The structural paradox at the heart of India’s aluminium industry: There is a peculiar contradiction embedded in the economics of Indian aluminium manufacturing. The country possesses one of the largest installed extrusion...
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Bauxite to aluminium: India’s upstream strength and structural gaps

India’s aluminium growth narrative is frequently framed around booming downstream demand and expanding end-use applications. However, the fundamental strength of the industry resides upstream—in its world-class bauxite...
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Downstream aluminium: Extrusions, rolled products, and value addition

While India’s primary aluminium smelters command significant global attention for their raw volume, the true engine of industrial margin creation resides downstream—in engineered extrusions, flat rolled products (FRP)...
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Global aluminium market outlook: Supply, demand and price trends

The global aluminium market has entered a phase of structural transformation. Long traded as a standard cyclical industrial commodity, the metal is being repositioned as a strategic material for the future...
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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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Future of aluminium: Green aluminium, innovation, and strategic outlook

The global aluminium industry stands at a defining inflection point. Once dictated primarily by cyclical macroeconomic fluctuations in traditional construction and heavy manufacturing, the metal’s trajectory...
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Aluminum ingots are at the heart of India’s industrial aspirations

Aluminum ingots are solid blocks or bars of aluminum metal that have been processed and cast into a specific shape for ease of storage, transportation, and further processing. These ingots are typically produced...
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Beyond the Metal: Strategic Dynamics and Emerging Paradigms in Non-Metallurgical Bauxite-Alumina Value Chains

While over 85% of global bauxite extraction is funnelled into primary aluminium smelting, the niche non-metallurgical bauxite and alumina sectors command significant strategic and economic value.
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Energy costs and aluminium production: The defining challenge

If there is one factor that decisively shapes the economics of aluminium production, it is energy. Among all industrial metals, aluminium stands out as one of the most electricity-intensive to produce, making..
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Aluminium in EVs and renewables: The next demand wave

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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Recycled aluminium: The sustainability and cost advantage

As the aluminium industry navigates the dual imperatives of cost competitiveness and decarbonisation, recycled aluminium is emerging as a cornerstone of its future. Unlike many other industrial materials, aluminium...
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Sustainability in aluminium production

India’s aluminium sector is pursuing a net-zero target by 2050 through a phased decarbonization roadmap released by NITI Aayog. India can become a preferred low-carbon supplier, but it has a tough road ahead.
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Can Venezuela’s aluminium industry be revived?

The geopolitical conversation around Venezuela may be heavily focused on oil, but beneath the Orinoco Belt and Guayana Shield lie an enviable array of other resources, including vast swathes of the bauxite...
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Mines Above Ground: Preserving nature. Building the nation

For more than a century, industrial civilization has depended on mines beneath the Earth’s surface. Copper, aluminium, iron ore, lithium, cobalt, nickel, rare earth elements, and precious metals have powered...
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ALUCAST Expo 2026 to spotlight India’s die casting industry’s next growth phase

India’s die casting industry is entering a decisive new growth phase, driven by the rapid expansion of electric vehicle platforms, rising electronics manufacturing, and the growing demand from OEMs for...
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Global Commodity Conclave 2026 to shape the future of commodity markets

India is taking a defining step in its ambition to shape global commodity markets. The Commodity Markets Industry, with the support of MCX, will host the Global Commodity Conclave 2026 on August 12–14, 2026...
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India accelerates critical minerals drive with four processing parks

India is stepping up efforts to build domestic capacity for processing critical minerals, with the government planning to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh...
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AI boom to drive copper demand as data centres expand

LME three-month copper stood at $14,148.50 per tonne on August 14, 2026, keeping the metal near record-high levels as the market weighs strong structural demand against supply constraints.
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Jefferies turns bullish on copper, aluminium

Global investment bank Jefferies has raised its long-term price forecasts for key base metals, signalling a more bullish outlook for copper and aluminium as market fundamentals shift from supply-led constraints...
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Traditional steel production in central Europe to no longer be competitive after 2040

Primary steel production in central Europe is set to lose competitiveness in the long term, while the future of the European steel industry is expected to increasingly focus on scrap-based production...
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El Niño drives India's July power demand to a record high: Crisil

India's power demand surged 10.9 per cent year-on-year (Y-o-Y) in July to around 171 billion units (BU)-the highest recorded for any month-as an El Niño-triggered rainfall deficit boosted demand for cooling...
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MMDR Amendment Bill: Govt says state revenues won't be hit

The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, will not adversely affect state revenues despite restricting states from imposing taxes or cesses on mineral leasing rights...
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India, South Africa to explore JV in minerals & green steel

India and South Africa can use the BRICS platform to develop joint ventures in critical minerals and green steel, with the potential to jointly supply mineral resources and low-carbon products to countries that lack...
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Renewable power could reduce secondary steel MSMEs' energy costs by up to 34 per cent

India's secondary steel MSMEs could significantly reduce their electricity costs and carbon emissions by shifting towards renewable power procurement at the cluster level, according to a report released at the CII...
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Jindal Steel, industry leaders highlight green manufacturing roadmap at Chhattisgarh summit

Jindal Steel Limited and other major industrial companies highlighted their strategies for sustainable manufacturing and low-carbon steel production at the Green Steel & Mining Summit held in Raipur...
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CIL, AM/NS India sign gasification MoU

Coal India Ltd (CIL) has signed a memorandum of understanding with ArcelorMittal Nippon Steel India (AM/NS India) to explore the development of a coal gasification facility near the latter's pellet plant in Paradip, Odisha.
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Thyssenkrupp lifts profit outlook

Thyssenkrupp AG has raised the lower end of its full-year adjusted earnings guidance, supported by stronger performance from its steel and naval divisions despite a difficult environment for European industry.
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Chinese BF mills see losses widen

Losses incurred by Chinese blast-furnace (BF) steel mills on finished steel sales widened in July as weak domestic prices and subdued end-user demand outweighed the benefit of lower raw-material costs, according...
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MMDR Amendment: Investment push must not come at the cost of fiscal federalism

India's proposed amendments to the Mines and Minerals (Development and Regulation) Act seek to address a problem that has become increasingly difficult to ignore: the cost and regulatory uncertainty...
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MiniMines secures Indian patent for hybrid hydrometallurgy battery recycling tech

MiniMines Cleantech Solutions Pvt. Ltd., an end-to-end R4 recycling company focused on end-of-life lithium-ion batteries, has secured an Indian patent for its proprietary Hybrid Hydrometallurgy (HHMR)...
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DRC concentrate export ban unlikely to disrupt copper, cobalt markets: BMI

The Democratic Republic of Congo's (DRC) decision to prohibit exports of copper and cobalt concentrates and introduce a new tax regime is unlikely to materially alter the global copper or cobalt markets, according...
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Imports surge ups trade deficit to 6-mth high

A sharp rise in imports in July pushed up India's trade deficit for the month to a six-month high of $31.98 billion even as both merchandise exports and imports hit their second-highest levels in the same period, according...
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July goods exports up 19.6% y-o-y in July

Higher realisations on petroleum products and growth in engineering and electronics goods shipments helped India's merchandise exports expand 19.6% year-on-year to $44.24 billion in July.
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Exports to US shaky amid tariff scare

Another round of tariffs on exports to the United States could become a reality with the US Senate passing a legislation empowering President Donald Trump to impose additional tariffs of up to 100% if India continues....
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SBI pegs Q1 GDP growth at 8%

The Indian economy likely grew 8% in the April-June quarter, with the underlying momentum remaining broad-based, according to State Bank of India's (SBI) research department. The projection is sharply higher than the Reserve...
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Fitch Ratings retains 'stable' outlook for India

Fitch Ratings Tuesday last affirmed India's sovereign credit rating at the lowest investment grade of BBB- and retained its 'stable' outlook for the economy, citing a robust growth outlook and stable external finance fundamentals.
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India, SA to begin trade pact talks in a mth

ndia on Wednesday last signed the Terms of Reference (ToR) for a preferential trade agreement (PTA) with the South African Customs Union (SACU). Both sides are expected to begin negotiations for the trade deal in a month...
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Tube & Pipe Fair 2026 bridges demand, supply and opportunity in the industry

Tube & Pipe Fair 2026, organised by Tulip 3P Media Pvt. Ltd., successfully concluded at HITEX Exhibition Center, Hyderabad, from 16-18 July 2026. Bringing together the complete tube and pipe value chain under...
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