Kunal Bose

Excess capacity of that size will inevitably lower the capacity utilisation rate to 70 per cent from 78-79 per cent now

One of the last celebrated industrialists of his generation, Paul took a keen interest in politics as a long-time member of the Labour Party

The lockdown hit our iron ore production and despatches in the first two months of 2020-21, he says

Mining companies say the plans to introduce an exploration-cum-production regime that the finance minister announced in May for 500 mineral blocks has not come a moment too soon

Exporters saw an unexpected demand surge as countries in West Asia rushed to build buffer stocks. But procedural problems could make it difficult to sustain the momentum

With rural India being the only bright spot in the pandemic, steelmakers are looking beyond automobile and exports to daily-use products

Manufacturers in India and China were anticipating growth on the back of an infrastructure splurge. The pandemic has forced them to cut back, and revival this year looks tough

Iron ore extraction in a falling demand scenario due to cutbacks in steel production is weighing on its prices

The Rangarajan committee recommendations on sugar reforms have been put into cold storage. Yet, the industry has managed to break out from the infamous surplus-shortage cycle

Hopes are running high in the aluminium industry that the finance minister will finally end the inverted duty regime

Aluminium recyclers are happy that scrap is spared any extra customs duty burden

For India to benefit from capacity targets set in the National Steel Policy 2017, modes of transportation other than road and rail need to be developed first

Basant Kumar Birla passes away in Mumbai. He was 98.

Reduced concentrate output globally and heightened demand from Chinese smelters are to adversely affect the supply of feedstock for Indian smelters

As it would happen, Indian merchant exporters could not take advantage of the catastrophic rupture of Vale-owned tailings dam linked to a major iron ore mine in Brazil's Minas Gerais in January

The industry has consistently displayed a cavalier approach to safety when it comes to disposing of waste

It's helping the industry consolidate with investors keen to acquire assets that were once sound but turned insolvent due to poor financial management

In terms of efficiency in limiting carbon emissions, ethanol extracted from sugarcane scores over fuel derived from corn

The automobile industry globally has moved to galvanised steel, but India and China continue to use steel that is prone to corrosion for cars meant for local market

There was a time when nearly 75% smelters in the world were not able to recover production costs from aluminium sales