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23-Apr-15
 
 ($/tonne)
Copper
5935.00
Tin
15505.00
Lead
2022.00
Zinc
2215.00
Aluminium
1805.50
Nickel
12545.00
Al. Alloy
1810.00
Steel Billet
300.00
Cobalt
30000.00
Molybdenum
17100.00

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 MMR Monthly - April 2015 Issue

Editorial
Economy headed for steely growth - India is riding high on the early success of the Modi-led government’s raft of new business-friendly, investment o...


Toughened Neosteel from JSW...
Toughened Neosteel from JSW- the requirement of tomorrow - - MMR Bureau The steel major JSW’s flagship manufacturing facility at Vijayanagar is ...


Emerging markets for galvanized steel...
Emerging markets for galvanized steel in India - L. Pugazhenthy Among all metals, zinc gets consumed very slowly in various atmospheric conditi...


Weak demand, oversupply threatens closure....
Weak demand, oversupply threatens closure of China’s iron ore mines - Pramod Shinde The global iron ore mining industry is passing through a ne...


JSPL sets the tone with cutting edge products ...
JSPL sets the tone with cutting edge products at Angul Plate Mill - MMR Bureau Jindal Steel & Power Ltd (JSPL)’s Plate Mill at its Angul stee...


Midhani, an integrated defence PSU
Midhani, an integrated defence PSU - - Lucas D''souza Mishra Dhatu Nigam Ltd (Midhani), a Government of India enterprise, is a unique, modern ...


SKF’s new steel bearing technology...
SKF’s new steel bearing technology cuts power losses, noise levels - Pramod Shinde Globally, the automobile industry is trying its best to adop...


Infrastructure, construction to steer...
Infrastructure, construction to steer the steel industry - - Lucas D''souza In the post-liberalization era (after 1991-92), there has been a t...


Primetals Technologies to modernize Austrai’s ...
Primetals Technologies to modernize Austrai’s AMAG rolling mill drives - Pramod Shinde With increasing global competitiveness, steel rolling mi...


ICDC seminar on brass products draws...
ICDC seminar on brass products draws home its objective emphatically - - MMR Bureau The seminar on “Market Opportunities for Brass – Rolled, Ex...


Market Report
Steel - Long steel prices falls on poor offtake The last month of the financial year 2015 witnessed a declining trend as regards the long steel prod...


Copper alloys industry supports Modi''s...
Copper alloys industry supports Modi’s ‘Make in India’ mission - - D K Jain Representing the manu-facturing community, we would like to avail t...


China’s higher zinc output...
China’s higher zinc output may curb prices - Pramod Shinde China’s zinc production during the first two months of the current year increased 17...


Chinese concerns put minor metals..
Chinese concerns put minor metals to fresh multi-year lows - Minor metals traditionally, were those that are not traded on formal exchanges, although ...


Importance of hedging to minimize...
Importance of hedging to minimize price risk - - Ms. Garima Mehta In the present volatile market, I reiterate the importance of hedging as a fo...


SMS Siemag to upgrade ArcelorMittal’s hot ...
SMS Siemag to upgrade ArcelorMittal’s hot strip mill plant in Belgium - MMR Bureau In order to enhance production capacity and improve product ...


Global slowdown, cheaper imports...
Global slowdown, cheaper imports impact ferro alloys industry - Pramod Shinde Ferro alloys is one of the major raw materials used in steel maki...


Positive development of business activity...
Positive development of business activity in aluminium sector - Christian Wellner The German aluminium industry clearly outpaced economic grow...


Copper is not out of ...
Copper is not out of the woods yet - - Stephen Briggs In a note of last November, we retained our long-standing negative stance on copper. We ...


Passage of coal mines bill - a far-reaching...
Passage of coal mines bill - a far-reaching reform in coal mining - Lucas D''souza Coal has been recognized as the most important source of e...


China to be key determinant...
China to be key determinant of steel prices in 2015 - - Pramod Shinde In the global metal commodity market, the impact of China’s economic act...


Government’s infra push to drive...
Government’s infra push to drive demand for steel - - Jacob Chacko The steel sector in India is almost a century old. Steel is the backbone of t...


Gerdau on course to carve a niche...
Gerdau on course to carve a niche in the steel sector - “If the vision “Make in India” and 100 smart cities becomes a reality, the steel industry ...


Konecranes’ CRS to gather accurate data...
Konecranes’ CRS to gather accurate data on crane usage, design life - Konecranes South East Asia Pacific, part of the largest crane service organisati...

 
 MMR Weekly dt. 20th April 2015

India aims to be world''''s ....
India aims to be world''''s 2nd largest steel producer - Union Steel Minister Mr Narendra Singh Tomar on Thursday inaugurated the India Steel 2015, ...


DOMESTIC MARKET REVIEW
Gold turns soft on subdued demand; silver moves down - The prices of gold declined marginally after a sharp rally on the bullion market on Friday ...


BASE & PRECIOUS METALS WEEKLY REVIEW
Base metals end lower on weak US, China’s economic data - Global equity markets fell on Friday on reports about a crackdown on margin lending in C...


FERROUS BITS
NMDC will raise FY16 output by 31% to 46 mt - State-run miner NMDC will be raising its output to 46 million tonne (mt) in the current financial year...


African mine eating into assets...
African mine eating into assets of ICVL, Tata Steel - The loss-making Benga coal mine in Mozambique, owned by the SAIL-led consortium of five PSUs, In...


Essar Steel''s captive power plant...
Essar Steel''s captive power plant in Vizag restored - Steel maker Essar Steel said it has restored the 30 MW captive power plant located in the premi...


Asides & Besides
India has potential to grow at 10%: Jaitley - India has the potential to make a nine to 10 per cent growth rate "a new normal", Finance Minister Arun...


METAL IN FOCUS
Citigroup cuts metals, iron ore forecasts as China growth slows - Citigroup Inc. cut price forecasts for industrial metals and iron ore by as much as...


EVENT
CII CEO''s delegation send strong message to global manufacturers - A strong 40 member CII CEO''s delegation led by Mr Sumit Mazumder, President, CII ...


NON FERROUS BITS
Outotec to deliver Zn concentrate tech to Boliden - Outotec has agreed with Boliden on the delivery of zinc concentrate direct leaching and iron prec...


Ind-Ra revises non-ferrous mining...
Ind-Ra revises non-ferrous mining & metals sector''s outlook to stable - India Ratings and Research (Ind-Ra) has revised the outlook on the non-ferr...


Global Al market to double...
Global Al market to double in 10 yrs : industry experts - The international industry players expect aluminium industry market worldwide to double with...


Six PSUs ink pacts at Hannover Messe...
Six PSUs ink pacts at Hannover Messe to boost Make in India : EEPC - HANNOVER MESSE 2015 soared to new heights, striking an inspirational note among e...


SKF launches innovative new bearing...
SKF launches innovative new bearing rating life model - SKF has launched a pioneering new model that will help engineers to calculate a more realistic...


Grundfos presents water treatment...
Grundfos presents water treatment solutions at Indian Plumbing - Grundfos Pumps India, one of the leading pump manufacturers in India, participated ...


Dimitrov Krishnan is new India head...
Dimitrov Krishnan is new India head of Volvo Const - Volvo Construction Equipment has appointed Dimitrov Krishnan as Vice President, Sales & Marketing...


India draws map towards becoming...
India draws map towards becoming a digitally empowered nation - On the fourth day, as the Partner Country at Hannover Messe 2015, India focused on I...


FORTHCOMING EVENTS
Galvanizing & Galvanized Steel in Automobiles, Construction & Infrastructure, Date : 23-24 April Hilton Intl, Mumbai 2015. Contact : Mr. Sridhar : 987...

 
 
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