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RITABRATA GHOSH ICRA
'Melt and Pour' rule notified for govt steel projectsThe Centre's revised Domestically Manufactured Iron & Steel Products Policy 2025 prioritizes steel procurement from PSUs for government pro...
India holds talks with Congo for pact to source cobalt, copper, sources sayIndia is in talks with the Democratic Republic of Congo (DRC) to sign an agreement securing critical minerals like cobalt and copper. These...
Steel companies may go slow on capacity expansion as imports hit margins: AnalystsIndian steel companies are hesitant to announce new investments due to increasing imports, especially from China and South Korea, which may...
Trump tariffs on steel and aluminium likely to be a double whammy for Indian producersDonald Trump's 25% tariff on steel and aluminium imports may increase competition for Indian exporters. This move could push Chinese steel ...
Steel makers expect protectionist measures in upcoming BudgetDomestic steel makers expect protectionist measures in the 2025-26 Budget to curb dumping. They anticipate continued infrastructure focus a...
Steelmakers may cut down on Capex amid price slumpSteelmakers in India are expected to reduce their capital expenditure plans in 2025 due to declining steel prices, impacted by increased im...
Hard-hit by rising imports, steel sector eyeing policy initiatives to safeguard its interests in 2025India's steel industry faces challenges from rising imports and fluctuating raw material prices in 2025. Efforts to achieve a 300 MnT capac...
Big impact on India's steel exports? EU begins review of safeguards measuresThe European Union is reviewing steel import safeguards, potentially impacting India's steel exports. Lower quotas could mean higher tariff...
China plans new carbon measurement standards to boost climate effortsChina announced plans to implement a new carbon footprint management system by 2027 to measure the carbon content of key products, aiming t...
India seeks overseas help for lithium processing to avoid relying on ChinaIndia is engaging in discussions with various countries to seek technical assistance for lithium processing, aiming to bolster its emerging...
Budget: Coal gasification of 100 MT to give fillip to end-use sectors like steel, say expertsIndia aims to establish coal gasification and liquefaction capacity of 100 million tonnes by 2030, according to Finance Minister Nirmala Si...
India faces uphill battle in Lithium mining and explorationRitabrata Ghosh, Vice President - Corporate Ratings & Sector Head at ICRA, emphasizes that China currently dominates 65% of the lithium pro...
With comfortable coal stocks, no power crisis this festive seasonLearning lessons from the October 2021 energy crisis, when power stations were put on outage alert, due to coal stocks falling to the lowes...
India narrows thermal coal imports gap with top buyer ChinaIndia's thermal coal imports are expected to rise 7% on year to 158 million in 2022, and a further 3% to 163 million tonnes in 2023, consul...
Iron ore prices jump threefold in a year amid waning supply and rising demandSources have also said that there could be further hikes from NMDC in the coming days. The rise in iron ore prices is also likely to keep s...
PSUs' tepid response to 9 coal blocks on offerJharkhand State Mineral Development Corporation showed interest in the Sugia Closed Mine under the seventh tranche and, along with NMDC Ltd...