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.
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 ...
View more detailsIn 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 ...
View more detailsAs 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 ...
View more detailsRomania 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 ...
View more detailsSince 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 ...
View more detailsThe 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 ...
View more detailsTurkey is a major crude steel producer, ranking third in Europe and eighth in the world in terms of 2016 output. The country was the world’s biggest scrap importer in 2016, as most of its plants have developed capacities that work on this type ...
View more detailsMining is one of Russia’s key industries: in 2016 the “mining and quarrying” sector – a category which in Russian statistics includes oil and gas extraction, as well as mining more narrowly defined – generated 8.5% of ...
View more detailsAs the world’s second-largest economy, China relies heavily on natural resources, which are essential for the country’s sustainable development. Rising energy consumption has already made China the world’s largest producer and ...
View more detailsMetal processing is the second most important sector for the Russian economy, after the oil and gas industry. It is a key supplier for the automotive, oil and gas, construction and machine-building sectors. It also generates more than 6% of the ...
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