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Metals and mining
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 metal processing sector is an important contributor to Russia’s economic growth and a significant source of hard currency for the country. Russia has positioned itself as a major supplier of metals for the global market by leveraging on its ...
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According to data from China Iron and Steel Association (CISA), in the fourth quarter of 2019 China produced 248.5mn tonnes of crude steel and 295.5mn tonnes of steel products, recording y/y growth of 8.6% and 3.9%, respectively. Figures from the ...
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Metal processing is one of Poland’s top ten industrial sectors, accounting for 0.5% of the country’s GDP and 3.9% of sold production of industry according to 2017 data. The sector employs over 60,000 people and generates 9.9% of ...
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In Q3 FY2020, the production of crude steel in India declined slightly, by 1.5% y/y. At the same time, it rose by 0.5% q/q. The Steel Authority of India (SAIL) accounted for the largest individual share of crude steel production, at 14.8%. Jindal ...
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The mining sector is an important contributor to the Indian economy. India produces 95 minerals, including 4 fuel, 10 metallic, 23 non-metallic, 3 atomic, and 55 minor minerals. Although the mining and quarrying sector contributes just 2.4% of the ...
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Brazil has rich mineral resources, making it a relevant player in the global mining industry. The country ended 2018 with the world’s largest niobium reserves (80% of the total) and ranking second in terms of tantalum reserves (31%), iron ore ...
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The metal-processing sector takes a small share in the national economy. With an approximate 2% contribution to the aggregate GVA and 12% to domestic manufacturing, the sector has plenty of room for future growth. India is 100% self-sufficient in ...
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According to data from China Iron and Steel Association (CISA), in the third quarter of 2019, China produced 255.7mn tonnes of crude steel and 322.4mn tonnes of steel products, representing y/y increases of 3% and 11.1%, respectively. Figures from ...
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The steel sector contributes about 2% of the Indian economy’s total GVA, according to the Indian Brand Equity Foundation (IBEF). The sector employs 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the ...
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Due to the combination of its rich, unexplored mineral resources and active government measures to enhance the regulatory framework, Ecuador is on track to become the fastest-growing mining destination in Latin America. Growing investor appetite for ...
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