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| MMR Monthly - June 2009 Issue |
Sharpening competitive edge essential
Even as stainless steel demand is rising, it is essential to develop efficient production techniques, says the author.
Partha Pratim Basistha
D...
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Outokumpu tech revolutionalizes production at JCL
Outokumpu technology is adapted to using both concentrates and scrap as raw materials for copper cathode and anode production.
MMR Bureau
The co...
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Hybrid power pack...
Hybrid power pack for two-wheelers fitted with starter motor -
While a battery cannot supply large amount of power in short time, ultracapacitors ca...
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Global scene of mining equipment
Global demand for specialized mining machinery and equipment will grow by 5.9 percent annually through 2011. Gains will be fuelled by continued demand...
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Forging sector struggles to stay afloat
The dwindling sales and falling exports have heavily impacted the fortunes of the forging sector, which is struggling to stay afloat now.
The econo...
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FERROUS BITS
Vedanta raises $1.25 bn via bonds -
Vedanta Resources has raised $1.25 bn (approximately Rs 5,925 cr) through issue of convertible bonds, mainly for ...
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Market Reports
Steel - Recession in auto sector impacts prices
Steel prices have slumped as the recession shrinked demand and most steelmakers cut production sharp...
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Glimpses of stainless steel industry
Owing to its excellent anti-corrosion and heat resistant property, stainless steel is fast replacing brass and copper wherever it is possible.
K. D...
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Innovation holds the key
Innovation is the mantra for the future growth of the stainless steel industry. Innovative uses especially in kitchen, railways, buses, malls and mult...
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Future holds promise
Despite the anti-dumping duty in place, stainless steel manufacturers believe the future is bright
for the industry given the huge demand from vario...
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Holistic approach vital to...
Holistic approach vital to boost production capacities at CIL -
CIL will have to undertake major initiatives in order to increase production capaci...
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Steps to bolster steel, coal sectors soon
While ensuring timely completion of the expansion projects are among the top priorities of the steel ministry, improving production and adopting e...
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Use in water conservation & waste water treatment
Stainless steel watergates are less expensive, lighter, easier to install, and less prone to leaking. They are also more resistant to corrosion in the...
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Tungsten plastics, electronics to spur demand
Though tungsten has been affected slightly in terms of pricing due to global slowdown, demand continues to actually grow, not only from traditional so...
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Editorial
A time for steely resolves -
By giving a decisive mandate,the Indian electorate has shown that it is wiser than psephologists and politicians. This...
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Bridge engineering with stainless steel
Outokumpu has supplied duplex stainless steel plate for the upper towers of the Stonecutters Bridge under construction in Hong Kong. The bridge is a m...
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Indal goes hi-tech on scrap recycling
Indal, a vertically integrated aluminium company through all stages of aluminium business, is now transforming aluminium scrap recycling scene in Indi...
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| MMR Weekly dt. 29th June 2009 |
FERROUS BITS
JSL to restructure debt for funding Orissa project -
JSL Ltd is planning to revamp its Rs 4,300-crore debt to part fund the expansion of its Orissa ...
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Slowdown impacts Tata Steel profits
As a slow economy in the US and Europe affected production and sales,India’s largest steelmaker, Tata Steel suffered a 60 per cent drop in its consol...
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Huge iron ore deposit discovered in China
Iron ore deposit with reserves of more than three billion metric tonnes have been discovered by geologists in northeast China’s Liaoning Province, acc...
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Adani Mining Lohara coal mining project...
Adani Mining Lohara coal mining project hits green hurdle -
Adani Mining Private Ltd’s proposed coal mining project at Lohara, at the outskirts of ...
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Gold in sideways mode; silver, copper ...
Gold in sideways mode; silver, copper in intermediate downtrend; nickel in intermediate uptrend -
Gold is locked in the channel as was indicated in ...
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NON-FERROUS BITS
Ess Dee to invest Rs.200 cr to enhance capacity -
Ess Dee Aluminium, which had recently acquired India Foils (IFL), is planning to invest Rs 200 cror...
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EVENTS
ENGIMACH, doorway to global marketplace - ENGIMACH 2010 regarded as one of Asia’s most dynamic engineering machinery & machine tools exhibition will...
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Ferro alloys industry seeks government support
The ferro alloys industry has sought government intervention to protect the industry from cheap imports due to huge decline in orders from domestic as...
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ArcelorMittal zeroes on developing nations
Acknowledging that growth prospects are dimmer in the U.S. and European Union, ArcelorMittal is turning focus from the developed world to lower-cost d...
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BME plea to remove import duty on raw materials
The Bombay Metal Exchange Ltd (BME), apex body of non-ferrous metals trade and industry, in a pre-budget proposal has requested the Finance Minister, ...
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Coal ministry stresses on increasing output
The hike in coal prices has been deferred currently by the Union ministry of coal. “That is not our priority now”, said coal minister, Shriprakash Jai...
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Safeguard duty on aluminium products
The Finance Ministry has imposed up to 30 per cent duty on import of key aluminium products from China to protect the domestic industry against chea...
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Ferro nickel duty may be cut
Prices of utensils and other steel products are likely to fall as much as 10 per cent if the steel ministry demand to slash import duty on ferro nick...
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DOMESTIC MARKET REVIEW
Gold gains on strong global cues, silver glitters on industrial demand -
On strong domestic demand in view of firming trend in overseas markets, gold...
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BASE & PRECIOUS METALS WEEKLY REVIEW & OUTLOOK
Red metal gains; yellow metal glitters -
As stock market gained and a weaker US dollar continued to boost metal prices ahead of the quarter end, cop...
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IN FOCUS
Investment incentives, monetary measures vital to boost steel industry - Production from China and India helped the global crude steel output to shot ...
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TECH CORNER
SMS Concast commissions billet caster at JSW - JSW Steel Ltd (JSW) has commissioned the first eight-strand billet caster in India in association wit...
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New royalty structure for major minerals on anvil
The Govt is readying a new royalty structure for major minerals which
will be sent soon to the Cabinet for approval, according to a report. Thoug...
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