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16-May-2012

 

 ($/tonne)

Copper 7710.00
Tin
19780.00
Lead 1973.50
Zinc
1913.50
Aluminium 1994.50
Nickel 16950.00
Al. Alloy 1885.50
Steel Billet
457.50
Cobalt
30800.00
Molybdenum 30500.00
 
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 MMR Monthly May 2012 Issue

Editorial
Foundry - driving core industrial growth - There is now a discernible change in the perception about India in the international community. The countr...


Metal casting simulation on the cloud
Cloud-based metal casting simulation empowers small and medium foundries to improve their quality and yield, without any major investments. Hundreds o...


Secondary Attrition the best option to thermal....
Secondary Attrition the best option to thermal reclamation - - Chris Wilding With rising fuel costs and increasing difficulty in the dumping of...


Sanghvi Forging to focus...
Sanghvi Forging to focus on non-automotive industry - - Pramod Shinde India''s forging requirement from the automotive industry, which accounts ...


Foundry industry: Large untapped opportunity
A Vision Plan 2020 for foundry industry has been initiated by The Institute of Indian Foundrymen to recommend the initiatives for strong growth and em...


Mining ban, power tariffs deterring foundry growth
Mining ban, power tariffs deterring foundry growth - The raw materials supply has become a major cause for concern for the domestic foundries as m...


Mining ban, power tariffs deterring foundry growth
The raw materials supply has become a major cause for concern for the domestic foundries as mining companies in Goa, Chhattisgarh and Karnataka tackle...


Innovation and technological breakthrough....
Innovation and technological breakthrough rules at Cooper’s - - Behram Ardeshir Cooper Corporation which originally set up shop as a small tool ...


Domestic refractories market will see a growth..
Domestic refractories market will see a growth of 3-4% in 2012-13 - “Use of nano-materials in refractories is going to come in big way due to its l...


Challenges confronting domestic...
Challenges confronting domestic refractories industry - It remains a subject of speculation if India can achieve steelmaking capacity of 200 million...


Essar Steel well secured on raw...
Essar Steel well secured on raw material front with Odisha plant - Global steel industry is passing though a regime of soaring input costs largely on...


Optimising zero waste using lean methodologies
Lean manufacturing has proven itself as a model for both economic sustainability and environmental stewardship. Several recent studies have shown that...


Emission control, energy efficiency..
Emission control, energy efficiency crucial in foundry industry - - Lucas D''Souza There has been a crying need for increased energy efficiency ...


Sarvesh Refractories - a one stop shop...
Sarvesh Refractories - a one stop shop for refractories - Lucas D''Souza Steel industry forms the major end use segment for refractories c...


A Bentley white paper on oil...
A Bentley white paper on oil & gas solutions - (continued from previous issue) Construction Effective management and planning of all construct...


Foundry industry need to move towards lean ....
Foundry industry need to move towards lean & cleaner technologies - - Pramod Shinde At present the Indian foundry units are passing through cri...


Challenges confronting domestic...
Challenges confronting domestic refractories industry - It remains a subject of speculation if India can achieve steelmaking capacity of 200 million...

 
 MMR Weekly dt. 14th May 2012

China, India hold first high-level steel...
China, India hold first high-level steel dialogue in Beijing - A "Steel Dialogue" exchange forum between China & India was launched, marking a signif...


Indian steel imports rebound in April by 64%
According to Joint Plant Committee (JPC) recent report on trade data mentioned that India''s steel imports rebounded sharply in April on improving dem...


Karnataka to look for alternative land for Posco
The Karnataka government is actively considering the possibility of changing the location for a proposed steel plant of Posco in north-central Gadag d...


Uttam Galva Q4 net increases two-fold
Uttam Galva Steels'' standalone net profit increased nearly two-fold to Rs 40 crore for the fourth quarter ended March 31, largely on account of incre...


NON-FERROUS BITS
Guj govt to decide on Nalco smelter project soon - Gujarat government is likely to take a final decision on setting up of an alumina plant and alumin...


Hindalco Q4 net falls 9.6% on low Al price
Due to low aluminium price on the London Metal Exchange and a steep escalation in the cost of its production the Aditya Birla Group flagship company, ...


Copper likely to be in surplus in 2013: ICSG
The demand-supply balance for copper will remain in the deficit zone in 2012, but may change to a surplus in 2013, as per recently released projection...


Lift import duties on electrical-grade Al: FISME
Federation of Indian Micro and Small and Medium Enterprises (FISME) has called for immediate lifting of import duties on electrical-grade aluminium fo...


EVENTS
MeltMetech 2012 - to showcase innovation in melting & metallurgical technology -A brand new fair, result of the initiative from The Institute of India...


ASIDES & BESIDES
India to grow at 7.5% in 2012-13: UN report - India is projected to see a faster growth of 7.5 per cent this fiscal on the back of higher savings and...


Land issues, green nod hit steel projects: Govt
Most of the upcoming steel projects in the country, entailing investments over several lakh crore rupees, are delayed due to land acquisition problems...


Iron ore exports to see new low this fiscal
Iron ore exports from India is likely to see a new low in the current financial (2012-13) year due to a host of issues like ban on exports imposed by ...


BASE & PRECIOUS METALS WEEKLY REVIEW
Base metal prices hit two-week low; seen vulnerable on global cues - During the week, commodities prices declined for an eighth consecutive day, wi...


DOMESTIC MARKET REVIEW
Gold continues to fall, silver recovers - The prices of gold continued its downtrend at the bullion market here on persistent selling by investors an...


PERSPECTIVE
Green mfg practices growing rapidly: Frost & Sullivan - Companies are increasingly becoming aware of sustainable practices and adoption of these,...


Outotec sees great potential to contribute...
Outotec sees great potential to contribute to India''s growth - Outotec, the world''s leading sustainable technology solutions provider to minerals,...


Bring mine workers under ESI scheme: Parlia Panel
A Parliamentary panel has proposed the inclusion of mine workers under the Employees'' State Insurance (ESI) scheme. Since mining takes place mostly i...


Power cos to get coal blocks without bidding
Nevertheless the CAG stance favouring the auction route for allocation of natural resources, power companies such as NTPC, Tata Power, RPower and Jind...


FORTHCOMING EVENTS
Int''l Conference & Exhibition on Lead & Zinc - Opportunities Unlimited: To commemorate its golden jubilee the India Lead Zinc Development Association...


FERROUS BITS
Increase R&D in steel to 1 pc of industry sales - Investment on R&D in the steel sector should go up to at least 1 per cent of industry turnover by 2...

 
 
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