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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 coal mining sector accounted for 1.1% of Poland's GDP and 0.9% of the total employment in the country in 2018. The sector's importance for the Polish economy - tremendous during the communist regime and in the first years after the start of ...
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Turkey’s complex geologic and tectonic structure ranks it among the top countries in the world in terms of mineral diversity. Excluding petroleum and coal, the country is home to 53 exploitable minerals and metals and 4,500 mineral deposits, ...
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Despite the stringent measures, including lockdowns and quarantines imposed by the government to curb the spread of the coronavirus, in the first quarter of 2020 China’s pig iron and crude steel production rose by 2.4% y/y and 1.5% y/y to 199 ...
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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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