|Base Metals||Copper Aluminum Lead Zinc Tin Nickel|
|Minor & Precious Metals||Precious metals Manganese Silicon Cobalt Selenium|
|Scrap & Secondary||Scrap and secondary copper Scrap and secondary aluminum Secondary lead & zinc|
|Steel||Slab Finished steel Crude steel|
|Raw Materials||Ferroalloy Iron ore Coke Scrap steel Pig iron|
|Iron Ore||Spot Price Output Import Volume Export Volume|
|Scrap||Import Volume Export Volume|
|Pig Iron||Output Import Volume Export Volume|
|Finished Steel||Shanghai Output Import Volume Export Volume|
|Ferroalloy||Output Import Volume Export Volume|
|Crude Steel||Output Import Volume Import Volume Export Volume|
|Copper||Refined Copper Yangshan Copper Premium|
|Aluminum||Aluminum ingot Alumina Bauxite ADC12 ZLD102 A356 Prebaked Anode|
|Lead||Lead Ingot TC/RC Secondary Lead Lead Powder Lead-antimony Alloy|
|Nickel||Refined Nickel Laterite Nickel Ore NPI Nickel Powder Nickel Oxide|
|Zinc||#0 Zinc Ingot #1 Zinc Ingot TC/RC Zinc Oxide Zinc alloy|
|Tin||Tin Ingot Tin Concentrate Tin Powder Tin Alloy Solder Bar|
|Rare Earth||Ce Dy Er Eu Gd La Nd Pr Sm Tb Y|
|Minor Metals||Manganese Silicon Minor Metals|
|Precious Metals||Gold Silver Platinum Palladium Ruthenium Rhodium Iridium|
|Scraps||Scrap Copper Scrap Aluminum|
Author: Paul Ploumis14 Aug 2014 Last updated at 05:02:32 GMT
In an interview with the Press Trust of India, Commerce and Industry Minister of State, Nirmala Sitharaman, said the country’s gold import duty should be eased, HSBC says. The duty has not only impeded the gems and jewelry industry, but it has also led to a spike in illegal gold imports. “India’s appetite for gold may hinge on the performance of the country’s current account deficit.
The Indian government has often cited bullion as the primary cause for the country’s ballooning trade deficit,” HSBC says. The bank notes the current account deficit has narrowed according to the latest data, and the May election of Prime Minister Narendra Modi fanned hopes some these restrictions may be rolled back.
“While there has been some effort to ease bullion restrictions, such as allowing more entities to import gold, the import duty remains at 10%. A further narrowing of the country’s current account deficit may be an important factor to unlocking India’s bullion appetite, in our view,” HSBC says.
Courtesy: Kitco News
|China Aluminum Industry Chain Weekly 20150518
Base Metals to Hold Steady This Week; A raft of discouraging Chinese...
Copyright © SMM. All Rights Reserved