Industrial Metals

18 Jul 17
Steel output hits record in June, Trump set to act
02:19 AM
China’s old economy is displaying greatly renewed vigour.
18 May 17
Copper futures fall 0.61 % on low demand
11:22 AM
Base metal copper prices declined by 0.61 per cent to Rs. 360.95 per kg in futures trade on Thursday, as participants were indulged in trimming positions amid subdued spot demand from consuming industries.
07 May 17
Tug-of-war between metal producers and consumers
06:42 AM
With prices of most commodities, especially crude oil, metals and iron ore, falling, producing and consuming companies are in a tug-of-war to maintain margins.
26 Apr 17
Unregistered copper market causing Rs 500-cr loss to govt
06:09 AM
The central government incurs a revenue loss of Rs 500 crore every year owing to non-payment of taxes by the unregistered secondary copper market, which accounts for 45 per cent of the copper scrap processed in the country, according to the International
20 Apr 17
Steel makers feel the heat of input cost rise
06:33 AM
The recent increase in prices of iron ore and coking coal has made steel manufacturing costlier by at least Rs 8,000 a tonne for producers without captive mines.
31 Mar 17
Natural rubber import drops in February as prices increase in key markets
06:39 AM
India's natural rubber (NR) import in February was half of that a year before, at 15,609 tonnes.
20 Feb 17
Govt extends anti-dumping duty on steel pipes, tubes from China
10:10 PM
India has extended anti-dumping duty on import of certain steel products from China for five years with an aim to protect domestic players from the cheap shipments.
17 Feb 17
Iran's delay in resumption of imports to hinder Basmati exports' recovery
09:55 PM
Delay in the resumption of imports by Iran is likely to hinder the recovery in Basmati exports from India, a report said.
15 Feb 17
Steel rebound hope fading as China's property market slows
07:18 AM
Steelmakers aren’t out of the woods yet. A year-long resurgence risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a US-based hedge fund manager and former Citigroup analyst.
06 Jan 17
Domestic steel production rises as sales pick up
04:04 AM
With domestic steel makers witnessing increased production in the current financial year, the demand scenario, both domestic and exports, seems to be in a pick-up mode.
28 Dec 16
Aluminium makers ask for cushion against imports
01:28 AM
Domestic aluminium producers have asked the government to introduce minimum import price (MIP) to check cheap imports of unwrought aluminium and scrap from China and West Asia.
07 Dec 16
Base metals resume bull ride
07:50 AM
With the worst behind, and prices of zinc, aluminium, and other base metals rebounding from 2016 lows, manufacturers are benefiting. Importantly, analysts see further increase in zinc and iron ore prices, and expect aluminium prices to remain firm.
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High valuations will cap the upside: Gautam Duggad of Motilal Oswal

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