Nonferrous stocks speculate on production capacity and energy storage

Are nonferrous metals production facilities energy intensive?

A large number of small and medium-sized enterprises (SME) operate nonferrous metals production facilities which rank low in energy efficiency and therefore are highly energy intensive per unit of physical output. Backward production capacity would be phased out continuously by enforcing the energy intensity norms. 1. Introduction 1.1.

What are the end-use sectors of non-ferrous metals?

With a slew of reforms undertaken by the government, the end-use sectors of non-ferrous metals such as Automotive, Electricals, Packaging, Consumer durables, Railways, Ports and Inland waterways, Roadways and Renewable energy are expected to experience the strong growth trajectory.

How can the non-ferrous metals industry improve performance?

However, industry focus and government support is required to bring the non-ferrous metals ecosystem under one umbrella to help companies improve performance and stimulate industry environment. The non-ferrous metals industry encompasses a range of productive activities throughout the value chain.

What is nonferrous metals industry?

The nonferrous metals industry also includes research institutes, trade companies, industrial associations and other entities which are categorized as other sectors in the national statistical system.

Are non-ferrous metals the metal of the future?

The unique nature of non-ferrous metals makes them the metal of the future. Their exceptional thermal, electrical and isolating characteristics, coupled with endless recyclable capabilities, make them indispensable to achieve energy and resource eficiency goals.

What are the key ingredients for the growth of non-ferrous metals industry?

Key ingredients for the growth of the non-ferrous industry are strong demand, availability of raw materials, high entrepreneurial quotient of the country, development of the ancillary industry, technology, etc. The prevalence of most of these ingredients in India, provides strong and sustainable growth potential for the non-ferrous metals industry.