Japanese carmaker Honda will use hybrid vehicles as intermediate vehicles for the next two years in India, before moving to electric vehicles (EVs),...
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Indian steel: optimism amid election results
Traders and distributors have been stocking up this week in anticipation of price increases following the announcement of the election results....
China Trade Conflict Reflects Asian Stainless Steel Market
The slowdown in economic growth in China, exacerbated by a trade dispute with the United States, weakened a buoyant demand for stainless steel in a...
Guoxuan and Tata AutoComp from China form a joint venture
Chinese battery manufacturer Guoxuan Hi-tech Power Energy has signed a joint venture agreement with Tata AutoComp Systems in India....
Honda will continue to sell diesel models in India
The new BS-VI emission standards will enter into force on April 1, 2020 across the country....
GAIL Completes Vendor Selection for Pradhan Mantri Urja Ganga Pipeline Project
State gas company GAILNSE 0.34% India, on Friday announced that it has completed all major contracts for the ambitious Pradhan Mantri Urja Ganga gas...
China's steel and iron ore weakening amid renewed trade tensions
Chinese steel and iron ore futures fell on Wednesday after hitting multi-week highs in the previous session as the market remains concerned about...
Steel production declines in India
Steel production in India fell about 0.3 percent to 27.33 million tonnes in the first quarter of calendar 2019, according to data from the World...
India becomes a net steel importer again
Growth in domestic steel consumption in India is expected to slow but remain above 7 percent....
China Iron and Steel Institute warns of difficult times for metallurgists
CISA predicts lower demand for iron and steel in China due to structural changes in the world's second largest economy, and insists that the...
Profits of Chinese industrial companies grew by 13.9 percent in March
In March, profits of Chinese industrial companies rose, recovering from four months of recession, which added optimism to the second world economy,...
Indian Railways expect steel demand to skyrocket
State monopoly Indian Railways expects its demand for steel rails to grow by more than 38% in April 2019 - March 2020...
Gold smuggling in India declines due to tougher fight against vote bribery
Indian smugglers have dropped their activity sharply amid fears of seizure of their supplies of cash, gold bars, alcohol and drugs due to tightening...
Nickel supply interruptions expected in China
Concerned about nickel supplies, Chinese battery manufacturer BYD welcomes discussions on joint ventures....
Steel consumption in India to reach 100 million tonnes in 2019
Further development of the Indian steel industry is predicted with a growth rate of 7.2-7.4% per year...
Steel mills in northern China cut production
In the two largest steelmaking urban districts of the PRC - Tangshan and Handan, steel production continues to decline. The measure is scheduled for...
Indian gold imports in April-February fell 5.5 percent
The world's largest gold importer reduced purchases of precious metals due to falling prices for jewelry....
Production director of Krakatau Steel suspected of bribery
The Jakarta court has suspected one of the heads of the state-owned company of receiving a multi-billion dollar bribe when purchasing equipment....
Philippine Philex Delays Copper & Gold Mine Launch By Four Years
The company is considering an alternative project to implement underground ore mining...
Two people killed in clashes near Vedanta's Indian alumina refinery
One of the protesters and a police officer were killed in clashes near the Vedanta Ltd alumina refinery in eastern India, a police officer said on...
India's capital to launch smart waste bins for smart waste stations
The largest state-owned metallurgical company in the country, naala, produces stainless containers for garbage, which can transmit data on their...
ArcelorMittal achieves its goal in the acquisition of Essar Steel
The Indian Court of Appeals has approved ArcelorMittal's plan to take over steel giant Essar Steel....
Steel production projected in India
India does not intend to curtail its programs to support the metallurgical industry and plans to achieve an annual production of 300 million tons....
Projected growth in consumption of steel by Japanese shipbuilding companies
Ship steel orders in Japan will grow by 3 percent....
Toyota Kirloskar Motor Prefers Indian Steel Makers
Toyota has two factories near Bengaluru. One of them produces Fortuner and Innova models, and the second one produces Corolla, Liva, Etios, Yaris...
Yanshan Iron & Steel will build a new lithium processing plant
China's Yanshan Iron & Steel has signed an agreement to build a new lithium carbonate plant in China's Nanbao National Economic Development...
China cuts VAT to 13 percent
Reducing the value added tax will increase the revenues of the PRC manufacturing sector....
Indian metallurgists move to 100% quality control of steel
Indian metallurgists are going to implement one hundred percent quality control of their products....
Chinese metallurgists hope to save on iron ore
Celestial steel mills delay replenishment of iron ore, considering cheaper alternatives...
Chinese steelmaking equipment passed "field " test
The CCM2 continuous production machine was successfully upgraded in 2015 by Primetals Technologies and has been operating smoothly ever since....
