RP Goenka inspired the likes of Lakshmi Mittal with his business strategy, was a hardcore Congressman and enjoyed the company of his friends
Greater focus on aluminium-intensive vehicles seen, with the light metal replacing steel in more and more areas
Large imports are primarily due to competitive prices of edible oils in international market and import duty structure
China is the principal reason why iron ore will remain a hot commodity, notwithstanding occasional dip in prices
The debate remains inconclusive, with the government so far leaning more on no-export advocates
Vedanta has more than once made offers to Nalco to buy its surplus alumina paying a reasonable premium over the world market price
Alternate glut and shortage of sugar every fourth year makes it imperative for the country to engage in exports and imports at regular intervals
Malaysia might be thinking that any loss in CPO exports is to be made good by selling larger volumes of refined, bleached and deodorised palmolein to China, the world?s biggest market for it
The World Steel Association's prediction in October that steel would again record low consumption growth in 2013 finds resonance in forecasts by many agencies and in polls conducted by industry officials and analysts
Supply drought from India is one important reason why spot ore prices climbed so strongly in December after sinking to a 3-year low in September
India is in the midst of creating large smelting capacity, through greenfield projects heralded by Hindalco and Vedanta
Over the years, industry capacity shrank beyond recognition to 11 cane crushing units from 28 till the late 1980s, as production cost is not covered by realisation from sugar sales
As disinvestment happens in the rest of 2012-13, the government should do offer pricing in a way as to ensure that post-listing shares do not sink below the floor
A major victim of the 2008-09 recession, the two conjoined industries continue to suffer because of the Euro zone crisis and fall in Chinese economic growth