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India's Iron Pellet Output Rises in 2024 | BigMint Updates
India's #ironore industry is experiencing a period of mixed results. While iron pellet production reached a record high in 2024, driven by increased manufacturing capacity, exports declined due to rising domestic demand and weaker demand from China.
On the domestic front, Indian #steelmills have increased #steelprices, reflecting strong demand. However, @NMDCLimitedIndia , the country's largest merchant iron ore miner, has reduced its iron ore prices, indicating a potential softening of the domestic market.Don't miss our detailed breakdown of key price changes and market shifts!
Stay ahead with the latest commodity market insights with BigMint
#BigMintUpdates #CommodityMarket #steelimports #steelprice #china #IronOre #HRCprices #SteelIndustry #MarketUpdate #BigMint
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Переглядів: 11

Відео

Russia Extends Scrap Export Quota for 2025 & Steel Market Update
Переглядів 9721 годину тому
This week, the global steel market has seen a mix of developments. Russia has increased its ferrous scrap export quota for 2025, while Chinese steelmakers like Shagang Steel have continued to adjust their long steel prices. In Vietnam, Hoa Phat Steel has trimmed its HRC prices for upcoming sales. Looking at the Indian market, coal production has surged, while iron ore miner NMDC has reported a ...
The Karnataka Mineral Tax Bill 2024 and Its Impact on Iron Ore Industry | BigMint Updates
Переглядів 631День тому
A proposed legislative bill in Karnataka could significantly increase the tax burden on iron ore miners operating in the state. Experts warn that this could potentially squeeze their margins and lead to ripple effects in the steel market. The Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill, 2024, introduces two new taxes: one on mineral-bearing land and another on mineral rights fo...
India Imposes Restrictions on Low-Ash Metallurgical Coke Imports | BigMint Updates
Переглядів 16414 днів тому
This week in the steel market, India implemented restrictions on low-ash metallurgical coke imports to support domestic producers. Globally, crude steel production declined slightly, primarily due to lower output in China. China's Shagang Steel maintained stable long steel prices. In India, steel prices showed mixed trends, with HRC prices increasing and rebar prices softening. Don't miss our d...
EU Reviews Steel Safeguards, Indian Imports Surge, and Price Volatility in Key Markets
Переглядів 12821 день тому
This week in the global steel market, we see a mix of developments. The European Union has launched a review of its safeguard measures on steel imports, potentially impacting trade flows for Indian steel producers. Meanwhile, India's own steel imports have surged, raising concerns about domestic market competitiveness. Other key highlights include a decline in aluminum die casting prices in Ind...
China's Steel Consumption: A Shifting Landscape | BigMint Explains
Переглядів 1,1 тис.21 день тому
China's steel industry has experienced remarkable growth over the past decade. The country has emerged as the world's largest steel producer, accounting for more than half of the global output. However, a significant shift is underway in China's steel consumption patterns. While construction was once the primary driver of steel demand, the sector's share has declined significantly. Instead, the...
EEPC Chairman on Steel Imports, Safeguard Duties, and the Future of Indian Exports | BigMint
Переглядів 29521 день тому
In this exclusive interview, Pankaj Chadha , Chairman of the Engineering Export Promotion Council of India #EEPC discusses the critical challenges faced by the Indian engineering sector due to the surge in #steelimports, particularly from China. Mr. Chadha addresses concerns regarding the impact of rising steel import costs on Indian exporters, the potential implications of the proposed 25% saf...
BigMint Weekly Market Update | China's Steel Sector Shows Strength
Переглядів 11228 днів тому
China's #steelindustry continues to demonstrate resilience, with a significant surge in #steelexports in the first eleven months of 2024. This growth coincides with a substantial increase in #coalimports, indicating strong domestic demand. Despite these positive signs, major #steel producers like Baosteel and Shagang Steel have maintained stable #prices amid subdued domestic demand. Meanwhile, ...
BigMint Weekly Market Update | Indian Steel Market Slows Down: Price Cuts and Production Updates
Переглядів 149Місяць тому
BigMint Weekly Market Update | Indian Steel Market Slows Down: Price Cuts and Production Updates
Will India Meet its Steel Capacity Targets? | BigMint Explains
Переглядів 443Місяць тому
Will India Meet its Steel Capacity Targets? | BigMint Explains
Urvarak & Konoike : Pioneering a Circular Economy with Steel Slag Fertilizer | BigMint Update
Переглядів 245Місяць тому
Urvarak & Konoike : Pioneering a Circular Economy with Steel Slag Fertilizer | BigMint Update
BigMint Weekly Market Update | India Tightens Steel Import Norms
Переглядів 145Місяць тому
BigMint Weekly Market Update | India Tightens Steel Import Norms
Which Sectors are Driving India's Steel Demand?
Переглядів 465Місяць тому
Which Sectors are Driving India's Steel Demand?
BigMint Weekly Market Update | Commodity Insights, Price Trends and More
Переглядів 118Місяць тому
BigMint Weekly Market Update | Commodity Insights, Price Trends and More
Global Steel Market Update: Price Trends, Production, and Trade | BigMint Weekly Market Update
Переглядів 102Місяць тому
Global Steel Market Update: Price Trends, Production, and Trade | BigMint Weekly Market Update
Why are Indian Steel Companies Raising Prices for November ? | BigMint Explains
Переглядів 759Місяць тому
Why are Indian Steel Companies Raising Prices for November ? | BigMint Explains
Evonith Steel Fires Up Second Blast Furnace, Boosts Iron-Making Capacity | BigMint
Переглядів 3252 місяці тому
Evonith Steel Fires Up Second Blast Furnace, Boosts Iron-Making Capacity | BigMint
BigMint Weekly Market Update | China’s steel exports, India's coal & iron ore production and more
Переглядів 972 місяці тому
BigMint Weekly Market Update | China’s steel exports, India's coal & iron ore production and more
Power & Scrap Challenges in North India: Insights from Sudhir Goyal @madhavkrggroup5593
Переглядів 1052 місяці тому
Power & Scrap Challenges in North India: Insights from Sudhir Goyal @madhavkrggroup5593
JSW Steel to Trial Breakthrough Carbon Capture Technology at Flagship Vijayanagar facility | BigMint
Переглядів 3082 місяці тому
JSW Steel to Trial Breakthrough Carbon Capture Technology at Flagship Vijayanagar facility | BigMint
BigMint Weekly Market Update | Global Recycled Steel Consumption, Posco-JSW Alliance & More
Переглядів 722 місяці тому
BigMint Weekly Market Update | Global Recycled Steel Consumption, Posco-JSW Alliance & More
BigMint Weekly Market Update | Global Steel Industry Insights, Price Movements and more
Переглядів 922 місяці тому
BigMint Weekly Market Update | Global Steel Industry Insights, Price Movements and more
All India Steel Conclave 2.0: Insights on Steel Capacity Expansion & Benefit: Sanjay Tripathi
Переглядів 1642 місяці тому
All India Steel Conclave 2.0: Insights on Steel Capacity Expansion & Benefit: Sanjay Tripathi
Steel Demand to Fall in 2024, Rebound in 2025: @worldsteel
Переглядів 1582 місяці тому
Steel Demand to Fall in 2024, Rebound in 2025: @worldsteel
India’s Steel Future: Chhattisgarh Set to Become 2nd Largest Manufacturer Soon | AISC 2.0
Переглядів 1532 місяці тому
India’s Steel Future: Chhattisgarh Set to Become 2nd Largest Manufacturer Soon | AISC 2.0
How can Mandi Gobindgarh steelmakers can benefit from carbon restrictions?
Переглядів 692 місяці тому
How can Mandi Gobindgarh steelmakers can benefit from carbon restrictions?
BigMint Market Update | India's Iron Ore Exports & Key Market Drivers
Переглядів 972 місяці тому
BigMint Market Update | India's Iron Ore Exports & Key Market Drivers
Critical Decisions REDEFINED | BigMint APP
Переглядів 1052 місяці тому
Critical Decisions REDEFINED | BigMint APP
Shaping Punjab's Steel Industry: Insights from DPS Kharbandha on Current Role and Future Trajectory
Переглядів 802 місяці тому
Shaping Punjab's Steel Industry: Insights from DPS Kharbandha on Current Role and Future Trajectory
Navigating Challenges in the Indian Ferrosilicon Market: Trends and Insights | BigMint Webinar
Переглядів 1522 місяці тому
Navigating Challenges in the Indian Ferrosilicon Market: Trends and Insights | BigMint Webinar

КОМЕНТАРІ

  • @kirannaikv
    @kirannaikv 12 днів тому

    Please have some voice read whatever is written. It's boring to watch entire video and read the small print. Please note that listening is much better and easier.

  • @Trueye-sl2mr
    @Trueye-sl2mr 18 днів тому

    China consumes 90+ to 96% of its steel production within China. Less than 10% is exported

  • @Ib_Maurya
    @Ib_Maurya 20 днів тому

    हम तो पहले से ही विश्वगुरू हैं हम क्या करेंगे steel production करके और उसको consume करके 😂😂😂😂

  • @SunilSharma-xn4zy
    @SunilSharma-xn4zy 23 дні тому

    Very nice

  • @RawZooImManDar17
    @RawZooImManDar17 23 дні тому

    Insightful

  • @amitnaidu7016
    @amitnaidu7016 23 дні тому

    Great

  • @indranathjha8783
    @indranathjha8783 24 дні тому

    Superb

  • @sudhirjetti
    @sudhirjetti Місяць тому

    Indian steel industry are looters, it's lobby that will make import or reasonable price steel from overseas to get costlyer , this will hurt indian industrial growth, india also requires BIS certification for import, Indian steel is also inferior quality and standard

  • @mohdanasmustaqeem3765
    @mohdanasmustaqeem3765 Місяць тому

    Appreciate bigmint updates but this video could have been more informative. Should have covered expansion plans of big companies. And looking at current scenario how India is becoming dumping groud for cheap steel imports are Indian players aligned with expansion plan?

  • @YogirajMishraIN
    @YogirajMishraIN Місяць тому

    🎉

  • @kiranvajja9444
    @kiranvajja9444 Місяць тому

    Nice explained you have great further...

  • @anjalimaurya-bq4xb
    @anjalimaurya-bq4xb Місяць тому

    Nice

  • @easywayachievers2968
    @easywayachievers2968 Місяць тому

    Great, the way you explain it, It is elegant and easy to comprehend.

  • @RawZooImManDar17
    @RawZooImManDar17 Місяць тому

    Good addition to the Vehicle recycling initiatives 👉

  • @pawanagarwal5249
    @pawanagarwal5249 Місяць тому

    Its call hydro metrology technic to made fertiliser from west

  • @ranjeetasingh435
    @ranjeetasingh435 Місяць тому

    Very informative

  • @krushnachandrasahu8667
    @krushnachandrasahu8667 Місяць тому

    Good information, thanks 👍

  • @RawZooImManDar17
    @RawZooImManDar17 Місяць тому

    Informative ⚙️

    • @TheShubhamRai
      @TheShubhamRai Місяць тому

      Thank you for your comment. Please let us know which topics you would like us to cover in future videos.

  • @alokthakur3381
    @alokthakur3381 Місяць тому

    Very informative

  • @RawZooImManDar17
    @RawZooImManDar17 Місяць тому

    Informative ⚙️

  • @RawZooImManDar17
    @RawZooImManDar17 Місяць тому

    Informative 👉

  • @nikhilsinghparihar2839
    @nikhilsinghparihar2839 Місяць тому

    Insightful information, thanks for sharing

  • @RawZooImManDar17
    @RawZooImManDar17 2 місяці тому

    Insightful ♻️

  • @anishm4u
    @anishm4u 2 місяці тому

    Manganese ore price will be revised by January 2025 end.

  • @RawZooImManDar17
    @RawZooImManDar17 2 місяці тому

    Informative 👉

    • @TheShubhamRai
      @TheShubhamRai Місяць тому

      Thank you sir, Stay connected with us for more such video.

  • @RawZooImManDar17
    @RawZooImManDar17 2 місяці тому

    Market driver👉

  • @manojadhikari2963
    @manojadhikari2963 2 місяці тому

    Within c.g

  • @manojadhikari2963
    @manojadhikari2963 2 місяці тому

    Not possible if they ignore road transportation

  • @RawZooImManDar17
    @RawZooImManDar17 2 місяці тому

    Growing industry for Secondary Steel-making

  • @RawZooImManDar17
    @RawZooImManDar17 3 місяці тому

    Big relief for East Coast supply chain

  • @RawZooImManDar17
    @RawZooImManDar17 3 місяці тому

    Informative 🔔

  • @Panda-zb5bb
    @Panda-zb5bb 3 місяці тому

    First large-scale stoppage in nearly 50 years. Lets see what happens.

  • @WinnifredBambaci
    @WinnifredBambaci 3 місяці тому

    7004 Little Common

  • @animeshkumarjha5881
    @animeshkumarjha5881 3 місяці тому

    Very Nicely updated on the Global scrap market 👌 👌

    • @BigMint_co
      @BigMint_co 3 місяці тому

      Thanks for watching

  • @ragibtyagi8069
    @ragibtyagi8069 3 місяці тому

    Very good sir 🎉

  • @ragibtyagi8069
    @ragibtyagi8069 3 місяці тому

    Very good sir🎉

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:10 SteelMint promotes trust, equality, transparency, and passion 01:01 Opportunities for learning and growth 01:36 SteelMint offers a supportive environment for career starters 02:09 SteelMint offers a unique blend of startup zeal, SME challenges, and MNC culture and vision. 02:47 SteelMint offers opportunities for personal and professional growth. 03:24 Opportunities for growth and support at SteelMint. 03:56 Leadership profile at SteelMint offers fun and learning 04:27 SteelMint offers empathic management and growth opportunities.

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:10 Sudhir Goyal shared his experience at the Future of Steel event in Chandigar. 00:24 Big Min's initiative in organizing the conference is commendable. 00:46 A platform for discussing common issues and resolutions 01:03 Big Min set a good example for encouraging participation in conferences 01:24 Globalization impacts pricing unpredictability. 01:43 Price determination based on prevailing demand 02:02 Infrastructure projects and real estate development are slow. 02:17 Market impact of notification

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:10 Emerging investment opportunities in industrial and energy sectors 00:43 Punjab industrial policy attracts steel investors with fiscal incentives. 01:21 Punjab's growing steel industry and significant investments 01:54 Invest Punjab is recognized as the top investment promotion agency. 02:27 State government targets free and peaceful production for investors 03:07 Discussing government policy changes for the power sector 03:38 Punjab focuses on solar energy for power production 04:10 Government strongly considering holistic approach towards solar industry

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:12 Rohit Agrawal from JSW shares insights on Future of Steel conference. 00:30 Rohit Agrawal introduced secondary steel making to India 00:46 Building knowledge and expertise 01:04 JSW's plan for recycling industry 01:23 Decarbonization methods include scrap charge 01:42 Focus on scrap and recycling units for decarbonization strategy 02:01 Focusing on scrap availability for furnaces 02:18 Deciding the placement of scrap materials

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:10 Experience in P steel 00:34 Mint has organized informative sessions with good speakers. 00:51 Market evolution in North India 01:15 Government initiatives in scrap recycling 01:39 Scrap from RBSF facilities needs processing for cleanliness and safety. 01:58 India's future shedder dependency 02:19 Promote quality scrap to discourage substandard use. 02:38 Acknowledgment of valuable feedback

  • @YogirajMishraIN
    @YogirajMishraIN 3 місяці тому

    00:12 Key highlights from BigMint Event 00:50 Iron Ore and steel industry outlook 00:53 Indian iron ore and pellet industry outlook 00:57 Dealing with natural pressure when it comes 01:02 Highlights of the BigMint event 01:07 Discussion on 7th Iron Ore & Pellet, 6th DRI, Scrap & Steel, 4th Coal Outlook 01:24 Event highlights for BigMint

  • @subhamkedia
    @subhamkedia 3 місяці тому

    Very insightful:)

  • @casachin2004
    @casachin2004 4 місяці тому

    Sachin Gajanan Group

  • @YogirajMishraIN
    @YogirajMishraIN 4 місяці тому

    00:08 Dr. Aruna Sharma was the Secretary of Steel, Government of India and was involved in formulating the steel policy. 00:41 Supreme Court judgment on mineral taxation impacting mining companies and mills. 01:21 Retrospective effect on mining industry 01:52 District mineral fund and stamp duty earnings go to the state. 02:22 Uncertainty in mining processes impacts new mine bids. 02:55 Consistency and credibility in tax policies 03:27 India committed to decarbonization, steel sector aligning. 03:55 Acknowledgment of stakeholder collaboration

  • @YogirajMishraIN
    @YogirajMishraIN 4 місяці тому

    00:11 Kapil Mantri from Jindal Steel and Power Group discusses Q1 performance 00:57 Uncertainty in fiscal panning due to import troubles and falling prices. 01:38 Steel prices not expected to increase next year 02:20 Iron ore prices in India could remain high due to local demand and supply dynamics. 03:01 Protectionism challenges Indian Mills and impacts HRC exports 03:41 Indian steel industry facing challenges due to anti-dumping duty and restrictions on exports 04:30 Exploring new geographies and products for growth 05:00 Acknowledgement of government support and event organization

  • @YogirajMishraIN
    @YogirajMishraIN 4 місяці тому

    00:11 Indian pellet industry performed positively in H1FY24 00:58 Indian pellet industry performed well in H1 FY24 01:38 Top Indian pallet producers in H1FY24 02:19 Indian pellet industry saw a production increase in H1FY24 03:03 Indian pellet exports in H1 FY24 increased by 46% 03:45 Indian pellet industry saw a sharp drop in exports due to export Duty imposition 04:28 Indian pellet industry shows growth in H1FY24 05:06 Indian pellet industry performance in H1FY24

  • @YogirajMishraIN
    @YogirajMishraIN 4 місяці тому

    00:12 Royalty is not a tax according to recent Supreme Court judgment 02:43 The recent SC verdict is a clarification of law on mining royalties and taxes. 08:04 The Supreme Court ruled that royalty is not a tax 10:31 Tax and royalty imposition on mining activities by various states challenged before Supreme Court 15:43 The Supreme Court verdict on royalty and tax impacts the Indian mining industry. 18:15 Mining lease viewed as contractual, not statutory 22:52 Supreme Court judgment on royalty and taxes 24:57 Explanation of royalties and taxes in mining industry 29:21 The Supreme Court verdict on royalty and tax burden 31:29 The SC verdict on Royalty and Tax remains unchanged 36:20 Need for rationalization of levies for mining industry 38:24 Challenges in attracting FDI due to tax structure 42:53 Supreme Court order impacts mining industry