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24-Jan-2012

 

 ($/tonne)

Copper 8267.00
Tin 21860.00
Lead 2216.00
Zinc
2052.50
Aluminium 2190.50
Nickel 20295.00
Al. Alloy 2067.00
Steel Billet
515.00
Cobalt
33500.00
Molybdenum 31500.00
 
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 MMR January 2012 - Annual Issue

Editorial
India giving new dimension to globalisation - The fallout of a gloomy 2011 will most likely trickle into the New Year. And, while one cannot foretell...


The virtual steel mill: the new reality...
The virtual steel mill: the new reality of risk management - We foresee a situation in the not too distant future where steel industry participants a...


Challenges and opportunities in metal processing
- Pramod Shinde Due to rapid urbanization, growing population and improving lifestyles, we''re consuming more and more renewable and non-renewable ...


Indian steel industry - Highlights of the...
Indian steel industry - Highlights of the current scenario and future trends - The steel sector, one of the core sectors of the Indian economy, has...


BIS compliance, whither indian steel?
The per capita steel production/consumption is a good indicator for knowing the stage of development of a country''''s economy. FY 2007-08 relative GD...


India drives the demand for thermal coal
OECD economies appear to be on the brink of another recession. Shares are plummeting; currencies and countries are in turmoil; ratings downgrades are ...


Production and scheduling optimization...
Production and scheduling optimization of a steel plant - Dr. Iiro Harjunkoski, Dr. Sleman Saliba, Matteo Biondi, Chaojun Xu, Heiner Termeer* ...


Metal injection moulding - An emerging ...
Metal injection moulding - An emerging manufacturing technology ... - Sachin Malgave Metal injection Moulding (MIM) is an emerging manufacturing ...


Modular coal preparation plants
As coal mining projects have long gestation period of around 7 to 8 years for underground mines and 4 to 5 years for open cast mines to reach peak pro...


Product development, the Life line...
Product development, the Life line of steel industry - - Dr. Mahadevan Venkatraman India is expected to become the second largest producer of st...


Competition heats up for secondary steel players
- Manish Gupta Crisil''s study of its rated portfolio of 274 secondary steel players reveals that the credit risk profiles of one in every seven se...


MBE -setting the benchmark ...
MBE -setting the benchmark in engineering excellence - McNally Bharat Engineering Company is one of the leading Engineering Companies in India enga...


Hypertherm puts best foot forward in plasma ...
Hypertherm puts best foot forward in plasma cutting technology - Hypertherm designs and manufactures advanced metal cutting systems for use in a vari...


Hindustan Copper Limited: On an expansion spree
Led by growing demand for copper in the medium and the long term, Hindustan Copper Limited has taken up wide scale expansion exercise of its mining ac...


SKF steeling mills with time tested solutions
How do you analyse the impact of uncertainty in the global market on metal, mining, and power sector in India and globally? The islands of comfort h...


DRI route - a viable option for steel making
Availability of coking coal is a big bottleneck for capacity expansion. India has only 33 BT reserves of coking coal and imports more than 90 per cent...


Iron ore mining scams may hit ...
Iron ore mining scams may hit proposed steel output - Iron ore has gradually become a precious commodity due to intensified crackdown by the governme...


Value of preventive...
Value of preventive maintenance - The focus of the paper is to showcase a substantial contribution to reduce the overall cost of production of an a...


Sinter hardening process for PM structural parts
Heat treated Powder Metallurgy (PM) parts are now increasingly used in automotive and other engineering structural applications. Cost effective soluti...


Occupational hazard in welding & brazing
- Sumant Mathure This paper discusses occupational hazards in welding & brazing, with reference to process, equipments & products used. The informa...


Impact of euro crisis and global ...
Impact of euro crisis and global slowdown on India - Samruddha Paradkar The current global economic slowdown has its epicentre in the euro regi...


Indian economy under the shadow of global slowdown
Falling growth, rising inflation, deprecation of the rupee, rising current account deficit, foreign funds outflow, political instability are the buzz...


Agenda for CEOs of mining firms...
Agenda for CEOs of mining firms - Converting complexity into opportunity - The challenge for the Indian mining and metal industry captains is how to ...


Minor metals prices to rally on soaring demand
- Paresh Parmar Over the past few months the countries around the world have raise their concerns over the tight supply of minor metals as the pric...


Aluminium - demand pick-up, stimulus...
Aluminium - demand pick-up, stimulus plans improve prices... - Chaitanya Raut Subsequent to a sharp slowdown, global demand for aluminium duri...


In-situ formed Al-TiB2 metal matrix composites...
In-situ formed Al-TiB2 metal matrix composites as a feed stock for semi-solid metal processing - V.M. Nimbalkar a,b , B.R.K Raoa, V.P. Deshmukha,...


An approach towards green alumina refinery...
An approach towards green alumina refinery & sustainable development - - Dr. Mukesh Kumar By addressing environmental issues responsibly, any u...


Hindustan Copper Limited: On an expansion spree
Led by growing demand for copper in the medium and the long term, Hindustan Copper Limited has taken up wide scale expansion exercise of its mining ac...


MBE -setting the benchmark...
MBE -setting the benchmark in engineering excellence - McNally Bharat Engineering Company is one of the leading Engineering Companies in India engage...


ElectroMech set to reap it rich given India''s ...
ElectroMech set to reap it rich given India''s investment-driven economy - ElectroMech Ltd is a leading brand in engineering, manufacturing, and i...


Market Report
Steel - The Indian steel industry in 2011: a flashback The steel prices were trading in a very narrow price range through a major part of the year 2...


Silver - Shining on a slew of new industry uses
- Nazir Ahmed Moulvi & Niteen Jain On April 25 2011, silver prices broke a 30-year record of $49.45 (1980) and zoomed to an all-time high at $49.79...


Base metals outlook 2012
- Aurobinda Prasad Gayan Base metals witnessed a year full of disaster as the entire metals pack crashed by nearly 20 percent. The fall in the met...


Crucial phase for ferro alloys industry
The ferro alloys industry acts an intermediate industry to iron & steel industry and it is being used in the production of steel as a de-oxidant and a...


An Outlook: Metals Complex 2012
- Parul Sama The Year 2012 carries loads of indecisiveness due to the global economic turmoil. The markets will be impacted by the Eurozone crisis,...


Power quality concerns and its
- Manas Kundu Power quality and reliability is key to successful delivery of quality products and operation of an industry. It is now even more cri...


Risk management - a necessity for commodity buyers
One of the key challenges faced by the procurement managers in the recent past is the commodity market volatility. Commodities over the decades have t...


Commodity hedging -key to MSME bottomline
- Nazir Ahmed Moulvi & Niteen Jain Since the financial crisis of 2008-2009, there has been unprecedented instability in commodity prices, globally,...


Product development, the Life line...
Product development, the Life line of steel industry ... - Dr. Mahadevan Venkatraman India is expected to become the second largest producer of...


Addressing bauxite residue issues
- Marja Brouwer The International Committee for Study of Bauxite, Alumina and Aluminium, ICSOBA, has held its 2011 event on the topic of bauxite re...


Energy management solution for integrated ...
Energy management solution for integrated steel plants - - Tarun Mathur* & Nareshkumar Nandola Energy efficiency and energy cost are of paramoun...


Maintaining Indian iron ore trade ties with China
- Lucas D''souza China, the major importer of iron ore from India is concerned about the falling exports from the country following the crack down ...


Innovative technology for copper processing
Copper producers face serious challenges today because of climate change, pollution, exhaustion of natural resources and lack of clean water. Outotec ...


Roeros - Mining past, tourism present, ...
Roeros - Mining past, tourism present, mining future? - It is amazing how serendipity shaped the future of a small mountainous mining town in Norw...


Preventing dust emissions...
Preventing dust emissions in aluminium smelter - Andreas Wolf The alumina transport such as pneumatic conveying of solids in a material gas stream ...


Bellary''s iron ore worth Rs 3,000 cr auctioned
The supreme court-appointed monitoring committee, which is overseeing the sale of already mined iron ore from the Bellary district of Karnataka, has s...


Europe Al premiums to go up as smelters shut shop
The premiums for physical aluminium in Europe are set to rise further over the next few months as the impact of recent smelter shutdowns is felt in th...


EVENTS
Kolkata to host major mining expo and conference - The 4th Asian Mining Congress will be a conclave of mining and mineral professionals, policy maker...


Energy 2011: Surviving a year of surges and slumps
- Patsy Wurster In a year of energy-market gyrations, the global energy industry in 2011 was jolted by a series of surprises. Soaring midwinter hea...


Laser technology on its way into volume...
Laser technology on its way into volume production - - Frank Peter Wüst & Ralf Kohllöffel Laser technology has already become a time-tested ...


Environmentally compatible cleaning with solvents
- Doris Schulz Before deciding to use solvents for cleaning, it''s advisable to run a series of cleaning tests to determine whether or not the requ...


Addressing bauxite residue issues
- Marja Brouwer The International Committee for Study of Bauxite, Alumina and Aluminium, ICSOBA, has held its 2011 event on the topic of bauxite re...


Energy management solution for integrated...
Energy management solution for integrated steel plants - - Tarun Mathur* & Nareshkumar Nandola Energy efficiency and energy cost are of paramoun...

 
 MMR Weekly dt. 23rd January 2012

DOMESTIC MARKET REVIEW
Precious metals down on duty hike, weak global cues - Gold and silver prices fell at the bullion market during the week on profit selling by stockist...


BASE & PRECIOUS METALS WEEKLY REVIEW
Base metals gain on US, China demand - Base metals rose during the week on speculation that demand will be supported by economic expansion in the US ...


Equipment inds gets power minister’s assurance
* Requests Mr. Ramesh Chandak, President, IEEMA to feel free to approach him with suggestions and proposals * Says Prime Minister keen on resolvin...


FORTHCOMING EVENTS
18th World Steel Conference 2012 - CRU''s 18th World Steel Conference to cover raw materials, market outlooks and it will enable participants to study...


FERROUS BITS
JSW Steel Q3 net profit falls 56% - JSW Steel Ltd, part of the energy-to-steel JSW Group, reported a 56% drop in its fiscal third quarter net profit ...


Steelcast forms JV with US based Michigan Steel
Steelcast Ltd, the Gujarat based steel casting company which has entered into a technical-cum-marketing alliance with the US-based Michigan Steel, is ...


RINL aims at Rs 14,500-cr turnover
The Visakhapatnam Steel Plant of Rashtriya Ispat Nigam Ltd. expects to achieve sales turnover of Rs 14,500 crore during the current financial year. Of...


Slump in steel demand impacts JSPL Q3 bottomline
The slowing demand for steel products has impacted the earnings of Jindal Steel and Power Ltd (JSPL) during the third quarter of the current fiscal ye...


China Steel to set up Rs 1,000-cr steel...
China Steel to set up Rs 1,000-cr steel plant in Guj - China Steel Corporation, Taiwan, a blue chip company from Taiwan signed a MoU with government ...


PM seeks 30 days to tackle power crisis
The Prime Minister of India, Mr.Manmohan Singh has assured power sector honchos that the hurdles facing by the Power Industry are a "national problem ...


ASIDES & BESIDES
Exports rise 6.7% in Dec, imports 19.8% - India''''s exports rose 6.7% in December to $25 billion, apparently reversing the trend of declining growth...


Budget 2012 likely to offer sops ...
Budget 2012 likely to offer sops to iron ore miners - Iron ore producers may get incentives in the next Budget for adding value to the mineral, a mo...


Cu to average $9,000/t in 2012: Barclays
On the back of a weaker than expected global growth during the last months of 2011, Barclays Capital has cut back its forecast for copper prices in 20...


Essar is world''s 4th largest...
Essar is world''s 4th largest single location flat steel maker - Essar Projects Ltd (EPL) formally handed over a 5 MTPA plant on Friday to Essar Ste...


Fitch sees fall in Indian power generation in 2012
As per the recent study report from Fitch Ratings on the Indian Power Sector expects that the power sector reforms - required to restore the financial...


NMDC completes stake buy in Aussie''s Legacy
NMDC has announced the completion of its 50 per cent equity stake buy in Perth-based exploration firm - Legacy Iron Ore Ltd for a consideration of A$...


NON-FERROUS BITS
Pressure to build on Cu prices: Intierra - Intierra Resource Intelligence is pleased to showcase the breadth and depth of its copper exploration and ...


ICDC showcases latest development in magnet wires
Indian Copper Development Centre (ICDC), an apex body promoting & developing market for copper, organized its seminar ''Technology & Equipment for Man...


Europe Al premiums to go up as smelters shut shop
The premiums for physical aluminium in Europe are set to rise further over the next few months as the impact of recent smelter shutdowns is felt in th...

 
 
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