Indian Metals:

During the Classical Age, India also perfected the Art of Iron Making. The famous Iron Pillar of the late 4th and early 5th centuries AD, which is seven metres high and weighs over six tonnes, now stands serene near Qutab Minar, Delhi, having amazingly withstood the ravages of time and clime, remaining rust-free for over 1,500 years.

The Indian Steel Scenario seems to be bottoming out and consequently the Ferro Alloy Production and Industry should hopeully have a better year ahead. Despite increase in Steel Production, the Ferro Alloy Industry has not got the support it requires from the government in order to make their prices competitive in the International Market, hence most producers have to rely on local supplies to Steel Producers which make life difficult for the producers of Ferro Alloys, mainly due to oversupply and stiff competition from other domestic producers who are keen to operate at low margins in order to keep their Industry alive.

ndian Precious Metals demand has always been very active especially Gold and Silver as Indian's are known worldwide for their love for Gold, be it simply Bars or Ornaments or Coins. This has been the case ever since Gold was first discovered or introduced into India. Kings & Emperors have been known to stock Gold and the Nizam of Hyderabad's treasure most of which was "taken & auctioned" would have in todays terms been able to wipe out the entire external debt of our country had it all still been in India.