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Feb 2019
Mine Expansion Will Reduce India’s Copper Import Dependence By 25%
Feb 28, 2019
A listed PSU, Hindustan Copper Ltd is a vertically integrated copper producer, engaged in mining, beneficiation, smelting/refining, and manufacturing value-added products. Recently, HCL has been taking efforts to insulate itself...
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Steel Ministry Has Red-Flagged Against Indian Railways’ Steel Import Plans
Feb 27, 2019
It is reported that steel ministry has red-flagged Indian Railways’ plan to import rails, arguing that domestic manufacturers should be given preference and the state-run transporter should work out a...
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India To Be A Net Importer Of Copper By FY19 End - CARE Ratings
Feb 26, 2019
CARE Ratings in its report said that India will become a net importer of refined copper by the end of FY19, after years of being a net exporter. Following the...
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Hyundai Steel Develops Anti-Heat, Anti-Earthquake H-beam
Feb 25, 2019
It is reported that Hyundai Steel successfully developed an H-beam that is highly resistant to both heat and earthquakes. The new product can withstand 36 kg of weight per one...
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India's Coal Import Rises 5% To 190 Million Tonnes In Apr-Jan
Feb 21, 2019
According to a report, Coal imports increased by 5.1% to 189.9 million tonnes in the April-January period of the ongoing fiscal. The report by mjunction services showed Coal imports were...
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India's Crude Oil Imports From Iran Fell By 45 Percent In January
Feb 20, 2019
India's oil imports from Iran plunged 45 percent to 270,500 barrels per day oil in January, ship-tracking data reviews showed, below the estimated 300,000 barrels per day for the month...
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Indian Steel Scrap Policy To Be Unveiled Soon - Union Steel Minister
Feb 19, 2019
It is reported that the Indian government will unveil the much-awaited steel scrap policy in a week to make the sector cost-effective, boost domestic production and reduce dependence on imports....
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EEPC India Approaches BoT On Concerns Over High Steel Prices
Feb 16, 2019
Engineering Export Promotion Council (EEPC) India has placed its concerns over high steel prices making the country's engineering exports uncompetitive in the international market before the Board of Trade (BoT),...
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India Could Extend The Deadline On Steel Import Rules For Automakers
Feb 15, 2019
India is considering extending a compliance deadline on tougher import rules for steel that are aimed at forcing automakers to use locally made alloy by four months, said two sources...
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Global Aluminium Market To Remain Undersupplied Over Coming Years - FITCH
Feb 14, 2019
It is reported that as solid demand growth global aluminium market will see a number of deficits over the next few years, driven by the construction and autos sectors outpace...
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Global Summit 2019 Promotes Odisha And Andhra Pradesh As Preferred Aluminium Hubs
Feb 13, 2019
It is reported that the four-day International Conference on Aluminium 2019 which concluded in Bhubaneswar recently focused on promoting Odisha and Andhra Pradesh as the most preferred aluminium hubs. The...
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Hindalco Displays Aluminium Bulker At INCAL 2019
Feb 12, 2019
Leading aluminium producer Hindalco Industries, an Aditya Birla Group controlled entity, demonstrated an aluminium dry bulker carrier at International Conference on Aluminium and Exhibition(INCAL-2019) showed the enormous benefits and potential...
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India's Crude Steel Output Declines By 3.84% To 8.99 Million Tonnes In January
Feb 11, 2019
According to the Joint Plant Committee (JPC) India’s crude steel production fell by 3.84% to 8.995 million tonnes (MT) in January 2019. After the World Steel Association (worldsteel) recently announced...
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Jindal Stainless To Bid For Pamban Railway Project
Feb 9, 2019
It is recently reported that Jindal Stainless, a leading private stainless steel player, has decided to bid for the tender floated for the supply of stainless steel for Indian Railways'...
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Steel Companies Hike Prices After 4 Months With A Rise In Iron Ore Prices
Feb 8, 2019
Due to the rise in Steel Prices in the global market, domestic primary steel producers have raised prices of the commodity by Rs 750 per tonne from February 1. This...
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Import Of Stainless Steel From Indonesia To India Grows Nearly Nine Times
Feb 7, 2019
Import of stainless steel from Indonesia into India has grown nearly nine times to 67,000 tonnes in 2018-19 (annualized basis) from nearly 8,000 tonnes in 2017-18, with Chinese producers ramping...
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Make Aluminium The Metal Of Choice For Future - Mines Secretary
Feb 6, 2019
According to a recent report Mr. Anil Mukim the Union Mines Secretary urged the stakeholders to work towards increasing the domestic consumption of aluminium in a sustainable manner and make...
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China To Setup Explosives Firm To Help The Mining Industry In Zimbabwe
Feb 5, 2019
It is reported that China's in charge of affairs Mr. Zhao Baogang as saying that China will soon set up an explosives manufacturing firm in Zimbabwe that will boost the...
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Vedanta Plans To Invest INR 55,000 Crore In India In 3 Years
Feb 4, 2019
It is reported Mr. Anil Agarwal Vedanta group Chairman has said that his company plans to invest INR 55,000 to INR 60,000 crore in India in the next three years...
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Steel Minister Urges KIOCL Involvement To Explore The Potential Of Chabahar Port
Feb 1, 2019
It is reported that the Union Steel Minister Chaudhary Birender Singh has sought the involvement of Kudremukh Iron Ore Company Limited (KIOCL) a Government of India enterprise in exploring the...
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