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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.
In the third quarter of 2017 the revenue of the ferrous metal smelting and pressing sector marked an increase of 14.6% y/y, reaching RMB 1.8bn. Steel prices continued to rise, as a result of the tightening supply of steel products due to the ...
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In the period July-August 2017 the revenue of the ferrous metal smelting and pressing sector increased by 18% y/y to RMB 1.2bn. Steel prices continued to rise amid stable demand for steel products in China. The positive performance of the automotive ...
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In Q1 2017, the revenue of the ferrous metal smelting and pressing sector increased by 23.2% y/y to RMB 1.7bn. Steel prices remained high in the beginning of 2017, although slightly lower than those in the end of 2016, when they hit the highest level ...
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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. Rising energy consumption has already made China the world’s largest producer and ...
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As the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. Rising energy consumption has already made China the world’s largest producer and ...
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Alongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficiency in many metallic minerals, ...
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The Indian mining sector’s GVA accounted for some 3.8% of GDP in FY2016, as against 4.5% in the previous year. A number of mining commodities, such as crude oil, coal and iron ore, are not only domestically produced but also imported, which ...
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China’s output of crude steel and steel products climbed by 3.1% y/y to 505.3mn tonnes in Q3 2016, encouraged by rising steel product prices. Prices on the domestic market have been climbing since March 2016, exceeding the average 2015 level in ...
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China’s output of steel and steel products climbed by 0.5% y/y to 514.4mn tonnes in Q2 2016, after three consecutive quarters of production decline. The manufacture of steel products increased by 1.8% y/y and was the main driving factor for the ...
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India is the world’s third-largest crude steel producer, third-largest finished steel consumer and the global leader in sponge iron manufacturing. The country claims nearly 6% of the global crude steel production and around 5% of the pig iron ...
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