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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.
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 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 China 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 Indian 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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Crude steel production recorded a major q/q decline of 37.2% in Q1 FY2021 as compared to a decline of 1.2% in the previous quarter. The production of steelmaker Rashtriya Ispat Nigam Ltd declined the most, by 53.5% q/q ...
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Indonesia is a significant player in the global mining industry, being a home to abundant coal and metal ore reserves. The country is the world’s largest producer of nickel and the second largest tin miner, and ranks at leading ...
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According to data from the China Iron and Steel Association (CISA), in the second quarter of 2019, China produced 261.1mn tonnes of crude steel and 317.8mn tonnes of steel products, up by 9.3% y/y and 11.9% y/y, respectively. Data from the ...
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With its huge industry, China 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 world. ...
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Being the world’s second largest economy, China relies heavily on coal to ensure the stable operation of its major industries, such as energy and steel. The increasing energy consumption already made China the world’s largest producer and ...
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The natural resources and the mining sector are essential for China’s sustainable economic growth. Due to surging power consumption and industrial progress, the country already became the world’s largest consumer of materials such as coal ...
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