Category: Metals and minerals
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The Growing Demand for Electric Vehicles and the Complexities of Critical Mineral Supply Chains
As the world faces the urgency of climate change, the demand for sustainable, clean energy technologies has led to a remarkable surge in electric vehicle (EV) production. With governments around the globe setting ambitious targets to reduce greenhouse gas emissions, EVs are seen as a critical solution to reduce dependency…
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Steel Manufacturing in India: Struggling with High Input Costs
The Indian steel industry, a key pillar of the country’s industrial growth, is facing significant challenges due to high input costs. Raw materials like iron ore and coking coal, essential for steel production, have witnessed a sharp rise in prices, putting intense pressure on manufacturers’ margins. While India holds a…
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The Steel Industry in India
IntroductionIndia’s steel industry has historically been one of the bedrocks of its manufacturing sector, playing a crucial role in the nation’s industrialization and economic growth. As one of the largest producers of crude steel worldwide, India has significantly shaped the global steel market dynamics. However, the industry is undergoing a…
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The Coal Industry in India
The coal industry in India holds a pivotal position in the country’s energy framework. Accounting for about 55% of India’s energy needs, coal remains the core contributor to the production of electricity and industrial power. With India being the second-largest producer of coal globally, the industry is fundamental to its…
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Global Supply Chain Disruptions and Production Challenges
Introduction:The interconnectedness of the global economy has created a world where disruptions in one region can have far-reaching consequences across the supply chain. The ongoing war in Ukraine and other geopolitical tensions in the Middle East have further heightened these challenges, impacting Indian manufacturers in multiple ways. These lines aim…
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Navigating the Global Steel Industry: Drivers, Challenges, and Sustainable Solutions
The global steel industry plays a crucial role in industrial development and economic growth. Used in various sectors such as construction, infrastructure, automotive, machinery, and consumer goods, steel is in high demand worldwide. However, the industry also faces key drivers and challenges that shape its trajectory. One of the key…
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Challenges and Preparedness for the CBAM in India’s Steel Sector: More Challenges for MSMEs
The Carbon Border Adjustment Mechanism (CBAM) poses significant challenges for India’s steel sector. With a lack of a distinct roadmap for decarbonization and high carbon emissions, the industry faces hurdles in meeting the requirements of CBAM. Moreover, competition from other developing nations and the potential for trade diversion and lower…
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