Subhrakant Panda, MD of Indian Metals and Ferro Alloys said the company's balance sheet position remains strong with cash on books at about ?350 crore.
Nickel miner PT Vale Indonesia is aiming for output this year of about 70,800 metric tons of nickel in matte, an official said on Monday, a similar volume to the 70,728 metric tons produced in 2023.
Foreign direct investment in China's high-tech manufacturing sector jumped 10.1 percent year-on-year to 28.27 billion yuan ($3.92 billion) in the first two months, said the Ministry of Commerce.
The Chinese economy has shown strong resilience. China's urbanization, pursuit of low-carbon and green development, and rapid digitization have provided robust intrinsic momentum for its economic development.