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 Indian steel industry contributes around 2% of the country GDP and employs some 500,000 people directly and about 2mn indirectly. The Indian government sees the steel sector as strategically important and as a foundation for rapid ...READ MORE
China, with its huge manufacturing sector, 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 ...READ MORE
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 ...READ MORE
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 ...READ MORE
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 ...READ MORE
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 ...READ MORE
Romania is rich in mineral resources, including fossil fuels, gold, silver, non-ferrous metals and salt. The country has the largest oil and natural gas reserves in Central and Eastern Europe (CEE), however, production levels are not high enough for ...READ MORE
Mexico is a traditional oil-producing and oil-exporting country. For the last 78 years, the sector has been dominated by state-run energy company Petróleos Mexicanos (PEMEX), which took over all upstream and downstream oil and natural gas ...READ MORE
Since 2010, Turkey has introduced several key reforms to liberalise the mining sector in an attempt to attract foreign players and support government efforts to develop the country’s significant mineral resources. Developing the mining industry ...READ MORE
The coal mining sector accounts for just over 1% of Poland’s GDP, but it remains important for the labour market as it employs over 80,000 people. Admittedly, this number is far below that of nearly 160,000 when Poland joined the European Union ...READ MORE