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Settlement
08-Feb-10
Copper
6329.00
Tin
14950.00
Lead
1935.00
Zinc
1999.00
Aluminium
1974.00
Nickel
17035.00
Al.Alloy
1840.00
NA Al. Alloy
1920.00

 
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 MMR Annual Issue - January 2010

Metals well outran inflation
All in all, over the last decade sans the economic crisis of 2008, the growing global economy has emerged as the primary factor behind the sharp rise ...


Zinc: Strong fundamentals to drive prices
* Zinc price on LME have risen by more than 112% in 2009 * Prices rallied to hit 2640 level in January 2010, the highest level since March 2008 * De...


German mining equipment industry : Reaping rich...
German mining equipment industry : Reaping rich benefits - Despite the mining sector''s poor early start to 2009, Germany''s mining equipment manufac...


Innovative products for sustainable mining
BEML conferred with Mini-Ratna status and under Ministry of Defence, is a multi-technology company offering high-quality products for diverse sectors ...


Iron ore – the commodity of the year 2010
As the global economies are riding back into the growth path after weathering the financial turbulence, many of the stalled developmental projects are...


Exploring new technologies to detect...
Exploring new technologies to detect natural resources - Satellites, GIS & GPS, UAVs… are now redefining the way mining exploration is carried out th...


Rockwell Automation’s business intelligence...
Rockwell Automation’s business intelligence solutions for manufacturers - In light of the current economic uncertainties, manufacturers, processors,...


Ritchie Bros plans to hold..
Ritchie Bros plans to hold more auctions in India in future - Ritchie Bros. Auctioneers, the world''s largest industrial auctioneer has sold hundred...


Metal-ceramic composites for engineering...
Metal-ceramic composites for engineering applications - Dr. T.P.D. Rajan & Dr.B.C. Pai Engineering components and structures with location spec...


Caterpillar® 777D - increases...
Caterpillar® 777D - increases performance, enhances comfort - The Caterpillar® 777D Off-Highway Truck incorporates many new features to enhance perf...


Joy Mining Machinery celebrates 90 years
As a global leader in the development, manufacture, distribution and service of underground mining machinery for the extraction of coal and other bedd...


RDH Boltmaster 200 - A safe & economical...
RDH Boltmaster 200 - A safe & economical bolting option - RDH Mining Equipment is committed to provide the global mining and tunnelling industries w...


Innovation on continuous solid coal
With alarming amount of carbon emissions doing more harm to the environment, there is an all out effort from global leaders to save the planet fro...


Power quality - effective means...
Power quality - effective means to cut smelter operation cost - Max Wiestner, Christian Winter and Reto Schraner Electrical energy consumption a...


Challenges to aluminium scrap recycling
Aluminium scrap recycling is an important aspect of sustainable development of aluminium industry; it offers 95% savings in energy consumption, conser...


Dry coal jigging – a suitable
- Dr. Ing. Heribert Breuer, Richard J Snoby, Sabyasachi Mishra & Dinesh Biswal Despite the economic turbulence worldwide, the Indian economy is exp...


Intertek Minerals Services - Quality analysis
Intertek Minerals Services - Quality analysis and inspection for mining industry - Intertek is a leading provider of quality and safety solutions s...


Proposed REC mechanism for India
With global warming taking centre stage at all international conventions, the world is seeking ways and means to stem the rise in temperatures knowing...


EMAL''s smelter sets new standards...
EMAL''s smelter sets new standards in green projects - Fully integrated power distribution systems from ABB has set new standards in green smelter p...


Yield in sponge iron plant - the prime aspect
The raw materials iron ore and coal, contribute to major chunk of input cost in manufacturing sponge iron. As a result attempts are being made by ...


Macro view of Indian economy for FY 2010
A year after the great global economic meltdown, triggering slew of stimulus packages by various governments, India managed to sail through the turmoi...


Weak Dollex Index aids metals recoup lost ground
Weak Dollex Index aids metals recoup lost ground - Mayur Shah In the past two years, we are witnessing a strong inverse correlation between th...


Climate change - Much knowns and too much unknowns
Global warming have taken alarming proportion. It has the potential to impact everything and anything on the planet if no measures are in place to mit...


Steel projects plagued by land issues
Indian steel industry is passing through an exciting phase. While the existing steel majors are expanding their capacities on large scales, the small ...


Market Reports
Base metals - a rising terrain for investors - Anunay Garg It was a remarkable year for basemetals as they demonstrated agood bull run turning a...


Outotec strives to remain a few steps...
Outotec strives to remain a few steps ahead of market - Outotec India, the Indian arm of the Finland-based Outotec Oyj, is a foremost leader in ...


Aluminium alloys for aerospace...
Aluminium alloys for aerospace and defence applications - Aluminium alloys for aerospace and defence applications are engineered materials offerin...


Precious metals demand in India...
Precious metals demand in India & global perspective - Gold and silver are two important precious metals traded globally. They find their uses in in...


Zinc-coated steel sheets - advantages...
Zinc-coated steel sheets - advantages & applications - There is an immense market potential in the automotive and appliance sectors for zinc coat...


The geopolitics of steel
The year 2009 has been eventful for the world, for steel and for China coping through global financial crisis and being optimistic about recovery. Rig...


Mining sector throttled by lack of reforms
The mining sector is in the news in recent times for all the wrong reasons. The scams that have surfaced have exposed the unholy nexus between vested ...


Underlying fundamentals for zinc to remain strong
Mr. Roy Kurian K.K, chief executive officer and whole time director, Binani Zinc Ltd (BZL) has over 27 years of experience in continuous process indus...


India’s mines and plants need technology push
Coal being the primary source of commercial energy and energy security for India, one can foresee a great demand for coal mining equipment as India pr...


Laser-based systems to substitute...
Laser-based systems to substitute isotope & x-ray systems - LAP has further enhanced the accuracy of its CALIX sensors in strip gage measuring appli...


Copper meets challenges of modern life
In the new era of technology and industrial change, the role of the earliest metal known to man - copper is steadily assuming level of immense importa...


Copper - Shining road ahead
Copper, which has been known since time immemorial, has been a metal of choice, and despite the availability of cheaper alternatives, key user industr...


Right package for the Indian market
“As a medium for packaging processed edibles, tinplate can is undoubtedly the best. Long shelf-life, protection from contamination, preservation of...


Golcha Associated Group making waves...
Golcha Associated Group making waves in its product line - To keep pace with the rapid development in the industries such as plastics, paints, paper...


Immersive Technologies - Offering advanced...
Immersive Technologies - Offering advanced simulation training in mining - Immersive Technologies is one of the leading providers of training simul...


Metro rail projects: wonders of the decade
Travelling in metro cities has always been an ordeal. One has to squeeze in and wriggle out of the cramped suburban trains specially during the peak ...


Base metals - a rising terrain for investors
Base metals - a rising terrain for investors - Anunay Garg It was a remarkable year for basemetals as they demonstrated agood bull run turning a...

 
 MMR Weekly dt. 8th February 2010

Excise, fuel price hike will put auto...
Excise, fuel price hike will put auto sector in reverse gear - If the recommendation of the Kirit Parekh Committee to raise fuel prices accepted by t...


DOMESTIC MARKET REVIEW
Gold, silver lose sheen on selling by stockists - On frantic selling by stockists and speculators triggered by a sharp fall in international markets...


BASE & PRECIOUS METALS WEEKLY REVIEW & OUTLOOK
Risk aversion drive metal prices to three-month low - During the week ended (Feb 5) all the metal prices nosedived in the range of 6-8 per cent on Lo...


PERSPECTIVE
Stimulus exit – all eyes on the Budget - In the wake of the crippling global financial crunch during the last 18 months or so, the central government ...


FERROUS BITS
SBQ Steels mulls Rs 6,000 cr plant expansion - SBQ Steels Ltd is planning to expand its steel plant capacity from 0.5 million tonne to 2 million tonn...


Jindal Steel seeks explanation from Aussie Co
Jindal Steel and Power (JSPL) has sought explanation from the Australian firm Rocklands Richfield (RCI), after the latter abruptly ended the buyout ta...


ArcelorMittal raises stake in Uttam Galva
ArcelorMittal recently acquired 29 per cent stake in Uttam Galva Steels for Rs 422 crore through an open offer, taking its holding in the domestic fir...


Steel min pushing for 20 pc export duty on...
Steel min pushing for 20 pc export duty on iron ore - The steel ministry has put forward a case for the government to greatly disincentivise iron or...


NON-FERROUS BITS
Bharat Forge commissions Ring Rolling Facility - Bharat Forge, the flagship company of the USD 2.4 billion Kalyani Group and a global leader in manuf...


Vedanta to invest $7-8 bn to up smelting capacity
Vedanta Aluminium has a $7.8-billion investment plan to increase its fully integrated aluminium smelting capacity. It plans to partly finance the $7.8...


Toshiba in JV with JSW to set up...
Toshiba in JV with JSW to set up power equipment plant - Toshiba JSW Turbine and Generator Pvt. Ltd. (Toshiba JSW), a joint venture between Toshiba ...


FORTHCOMING EVENTS
Mission Metallurgy India 2010 - one day seminar on metallurgy organised by MMR Events in association with Messe Dusseldorf India Pvt. Ltd., Date: 11t...


EVENT
Aluminium India 2010: Charting the future for the aluminium industry - The global aluminium industry will converge at Aluminium India 2010, the 2nd ed...


ASIDES & BESIDES
Book on engineering geology released -Engineering Geology, a new book was released by Dr.D.Venkat Reddy, Professor of Geology and Editor-in-Chief – In...


Government gives green signal to coal...
Government gives green signal to coal blocks auction - The government has sanctioned the bill for auctioning of coal blocks for captive use by indus...


Gold shines; silver, copper, lead...
Gold shines; silver, copper, lead in an intermediate downtrend - The strength in the US Dollar index resulted in weakness in the metals and the stoc...


Steel prices witnessing uptrend again
During the last quarter of 2009 there has been encouraging growth in the Indian economy. Industrial growth for November stood at 11.7 per cent against...

 
 
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