ShreeMetalPrices: China’s economic shows disappointing start to 2023


China reported on Wednesday that retail sales growth in the initial two months of this year only met forecasts, and that real estate investment decreased even more.During the months of Jan and Feb, industrial production has increased by 2.4% rather than the 2.6% predicted by analysts. The report show “stable rather than increasing momentum. Which […]

ShreeMetalPrices: After Foxconn, Is Intel Planning India for semiconductor manufacturing plant?

India-US-inks-MOU-on-semiconductors-Will-help-merging into-global-alliances

Worldwide efforts are being made to bring semiconductor manufacturing in-house. India with its Rs 76,000 crore Financial incentive plan. India is attempting to bring the whole chip ecosystem—not just manufacturing—to the nation. Leading foundries, which produce semiconductors, are already boosting their manufacturing capacity in anticipation of the increasing demand for semiconductors in the upcoming years. […]

ShreeMetalPrices: Indonesia Grasberg Copper & Gold Mines have Resumed its Operations.


Copper Miner Freeport Indonesia has resumed operations at its massive Grasberg mines in Indonesia’s Papua area after it was flooded, according to a company representative on Wed. Yesterday, copper dropped -1.69% to 763.00. In February, the business forced to halt operations at its flagship mine when mudslides and torrential rains destroyed the infrastructure. The processing […]

ShreeMetalPrices: China is Struggling with 1 million COVID Cases in a Day


China is possibly dealing with 1 million Covid infections & 5,000 fatalities every day as per recent analysis, it battles what is likely to be the largest outbreak the world has ever seen.For the 1.4 billion people living in the country, things could get significantly worse. According to Airfinity Ltd. A London-based research company that […]