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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, coal, 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 Jindal 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 markets of bauxite, tin, ni🃏ckel, 𒆙copper, zinc, lead, gold and coal. The country holds the world’s largest nickel reserves and was the top nickel producer in 2019. ...
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Altho𝕴ugh Indonesia has abundant metal resources, its metal-processing secto🍌r 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 gover𒐪nment to curb the spread of the coronavirus, in the first quarter of 2020 China’s p꧂ig 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 o♉f crude steel and 295.5mn tonnes of steel products, recording y/y growth of 8.6% and 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%. J🦄indal ...
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The mining sector is an important contributor to the Indian economy. India produces 95 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-processing sector takes a small share in the national economy. With an appro🐈ximate 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 China Iron and Steel Association (CISA), in the third quart♕er 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 Indian Brand Equ𒊎ity Foundation (IBEF). The sector employs 500,000 people directly and 2.5m♔n people indirectly. Indian crude steel production is the ...
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