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.
According to the China Iron and Steel Association (CISA), in the first quarter of 2019, China produced 231.1mn tonnes of crude steel and 269.1mn tonnes of steel products, up by 8.9% y/y and 9% y/y, respectively. Data from the National Bureau of ...
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Though the country has abundant metal resources, Indonesia’s metal processing sector is underdeveloped. It has low penetration rate as it accounted for less than 1% of the country’s nominal GDP in 2018. However, the government sees it as ...
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The steel sector contributed about 2% of the Indian economy’s total GVA in FY2018, employing 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the second-largest in the world and the domestic steel market is ...
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China is the world’s largest producer of steel, accounting for 51% of the global steel production in 2018, according to the World Steel Association. The data from China Iron and Steel Association (CISA) shows that in 2018, China produced more ...
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Being the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. The rising energy consumption has already made China the world’s largest producer ...
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The Indian metal processing sector enjoys solid foundations for growth, stemming from the industrialised economy and the abundant metallic mineral resources. Still, the sector accounts for less than 2% of the economy in terms of GVA at current prices ...
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India has abundant mineral resources and is a leading global producer of many minerals. In 2017, the country ranked as the world’s fifth-largest iron ore, fourth-largest coal, and third-largest chromium producer. The country also occupies ...
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As the world’s second largest economy, China relies heavily on coal to ensure the stable operation of its main industries, such as energy and steel. The increasing energy consumption already made China the world’s largest producer and ...
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In the third quarter of 2018, the revenue of China’s ferrous metal smelting and pressing sector rose by 15.1% y/y, reaching nearly RMB 1.7bn, as a result of higher selling prices and sales volumes of steel products. In this period, the sales ...
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China, with its huge manufacturing sector, is the world’s largest consumer of all kinds of base metals, as well as the largest producer of metal products. The country also ranks as the biggest producer of iron, aluminium, lead and zinc in the ...
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