Research And Markets Research And Markets

India Metals Report Q4 2014

  • ID: 2988262
  • October 2014
  • Region: India
  • 72 pages
  • Business Monitor International
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  • Tata Steel Limited
  • Vedanta Resources
  • MORE

BMI View: India is set to become a major consumer of metals over the coming years as the government makes pertinent efforts to improve the level of infrastructure in the country. That said, major roadblocks concerning the availability of raw materials and institutional weaknesses will continue to hinder growth in the metals industry.

In contrast to the dimming outlook in major steel-producing countries, we believe India's steel sector is on track to experience healthy growth over our forecast period to 2018. While steelmakers in countries such as China, Japan and South Korea are struggling with overcapacity and sluggish steel demand, the fortunes for Indian steelmakers are much more positive.

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  • Tata Steel Limited
  • Vedanta Resources
  • MORE

BMI Industry View 7


Metals SWOT 9

Industry Forecast 10

Aluminium: Deficit In Sight 10

Consumption Growth Edging Higher 11

Environmental Concerns A Key Threat 12
Table: Aluminium Production & Consumption (India 2012-2018) 12

Copper: Production To Recover 12
Table: India - Refined Copper Production, Consumption & Balance (2012-2018) 15

Steel: Geared For Growth, But Risks Remain 15
Table: India - Steel Production, Consumption & Balance (2012-2018) 22
Table: India - Steel Prices Historical Data 22
Table: India - Steel Industry Historical Data (kt) 22

Zinc: HZL To Drive Growth 23
Table: India - Refined Zinc Production, Consumption & Balance (2012-2018) 28

Regulatory Development 29
Table: Political Overview 32

Commodities Forecast 34

Commodity Strategy 34

Ferrous Metals: 34

Steel: Prices To Remain Subdued 36

Non-Ferrous Metals: 37

Aluminium: Price Strength To Continue In Q314 37

Copper: Further Decline By Year's End 38

Lead: Constructive Price Outlook 39

Nickel: Moderation To Continue 40

Tin: Upside Ahead 41

Zinc: Consolidation Before Multi-Year Gains 43
Table: Select Commodities - Performance & BMI Forecasts 45

Steel: Prices To Head Higher From 2016 45
Table: BMI Steel Price Forecast 45

Short-Term Outlook (three-to-six months) 45

Long-Term Outlook 46

Production: Chinese Rationalisation Measures To Bite 47

Consumption: Slowing Demand Growth On The Horizon 48

Burgeoning Chinese Exports Will Not Last 49

Eurozone Growth Downgrade Highlights Long Road To Recovery 50

Risks To Price Forecast 50
Table: Steel Data & Forecasts 51

Competitive Landscape 52
Table: Financial Data Of Key Metal Firms Listed In India 53

Company Profile 54

National Aluminium Company (NALCO) 54
Table: Nalco - Suppliers 56
Table: NALCO - Key Financial Data 57

Steel Authority of India Ltd (SAIL) 58
Table: SAIL - Supply Chain Analysis 60
Table: SAIL - Key Financial Data 61

Tata Steel Limited 62

Company Overview 63

Company Strategy 63
Table: Tata Steel - Key Financial Data 65

Vedanta Resources 66

Latest Financial Results 68

Company Strategy 68

Company Details 70
Table: Vedanta Resources - Key Financial Data 71

Methodology 72

Cross Checks 72

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National Aluminium Company (NALCO)
Steel Authority of India Ltd (SAIL)
Tata Steel Limited
Vedanta Resources

Note: Product cover images may vary from those shown
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