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Metals and mining
Mining & Metals are the backbone of the global economy. Standing at the beginning of most value chains, the Mining & Metals industry is a critical supplier of essential inputs and a global generator of trade and employment. It also has important environmental, fiscal and social effects, and acts as a catalyst for the economic progress of numerous mining-dependent countries in the world.
The Mining & Metals industry comprises the extraction of useful minerals from the ground, including oil and gas, coꦕal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply chain, such as metal processing, manufacturing of metals and a variety of fabricated metal products, such as cutlery, metal structures, boilers, tanks and ammunition.
Crude steel production recorded a q/q decline of 1.2% in Q4 FY2020, with a number of companies decreasing their output, such as Jin🌜𝓀dal Steel Power by 6% and ESSAR by 3%. On the other hand, Tata Steel Ltd recorded a jump of 23% q/q in its crude steel ...
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Indonesia has abundant mineral resources and is a major supplier to global mar🦹kets of bauxite, tin, nickel, copper, zinc, lead, gold and coal. The country hol🎃ds the world’s largest nickel reserves and was the top nickel producer in 2019. ...
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Although Indonesia has abundant metal resources, its metal-processing sector is underdeveloped. The country has 🐟mainly exported lower value-added minerals and imported higher value-added metal products. To squeeze more value from its metal ores and ...
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Despite the stringent measures, including lockdowns and quarantines imposed by the government to curb the spread of the coronavirus, in the first quarter🍸 of 2020 China’s pigꦯ iron and crude steel production rose by 2.4% y/y and 1.5% y/y to 199 ...
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According to data from China Iron and Steel Association (CISA), in the fourth quarter of 2019 China produced 248.5mn tonnes of crude steel and 295.5mn tonnes of steel products, recording y/y growth of 8.6% a🍸nd 3.9%, respectively. Figures from the ...
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In Q3 FY2020, the production of crude steel in India declined slightly, by 1.5% y/y. At the same time, it rose by 0.5% q/q. The Steel Authority of India (SAIL) ▨accounted for the largest individual share 💎of crude steel production, at 14.8%. Jindal ...
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The mining sector is an important contributor to the Indian economy. India produces 9൲5 minerals, including 4 fuel, 10 metallic, 23 non-metallic, 3 atomic, and 55 minor minerals. Although the mining and quarrying sector contributes just 2.4% of the ...
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The metal-processi𝐆ng sector takes a small share in the national economy. With an approximate 2% contribution to the aggregate🐭 GVA and 12% to domestic manufacturing, the sector has plenty of room for future growth. India is 100% self-sufficient in ...
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According to data from Cꦦhina Iron and Steel Association (CISA), in the third quarter of 2019, China produced 255.7mn tonnes of crude steel and 322.4mn tonnes of 🌠steel products, representing y/y increases of 3% and 11.1%, respectively. Figures from ...
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The steel sector contributes about 2% of the Indian economy’s total GVA, according to the ౠIndian Brand Equity Foundation (IBEF). The sector employs 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the ...
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