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27-Aug-2014
 

 ($/tonne)

Copper
7051.00
Tin
21915.00
Lead 2251.00
Zinc
2350.00
Aluminium 2082.50
Nickel 18635.00
Al. Alloy 2095.00
Steel Billet
440.00
Cobalt
33000.00
Molybdenum 29000.00
 
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 MMR August 2014 Issue

India''s steel consumption marginally ...
India''s steel consumption marginally up in Q1 of 2014-15 - India''s steel consumption in the first four months of the current financial year has grow...


Infra, construction, power key drivers...
Infra, construction, power key drivers for copper - - Pramd Shinde “Union Budget will boost overall expenditure by enhancing indoor infrastruct...


Siemens to modernize off-gas cleaning...
Siemens to modernize off-gas cleaning at Tata Steel to cut emission level - - Pramod Shinde Tata Steel aims to reduce emissions – both in the ...


FIMI meet calls for securing access ..
FIMI meet calls for securing access to sustainable supply of minerals - The 48th Annual General Meeting of the Federation of Indian Mineral Industrie...


India to face acute shortage of iron..
India to face acute shortage of iron ore from domestic resources - India is most likely to face acute shortage of iron ore from domestic resources if ...


Importance of galvanized steel ...
Importance of galvanized steel for infra development stressed - MMR Bureau Union Minister of State for Steel, Mines, Labour & Employment, Mr Vishnu...


Editorial
Economy shaping up strongly - The writing is on the wall. India has emphatically chartered its growth path under the Modi Government. The PMI for Jul...


Market Report
Steel - Prices take a dive with onset of monsoon as construction slows - The month of July 2014 witnessed a bearish movement as regards the long stee...


Tata Steel’s ferro alloys division...
Tata Steel’s ferro alloys division transcending global boundaries - - Pramod Shinde Tata Steel’s ferro alloys division transcending global bou...


Views on the Budget 2014-15 and impact...
Views on the Budget 2014-15 and impact on copper industry - Sanjeev Ranjan As we already know, 12th Five Year Plan has earmarked an investment...


Indian Railways modernization...
Indian Railways modernization plans will drive demand for copper - Lucas D''souza The passing of the steam engine from the railways around the ...


Bearish China’s real estate,surplus output ...
Bearish China’s real estate,surplus output impeding copper prices - - Pramod Shinde Copper is a major metal for industrial application. Today, c...


Copper to remain an integral...
Copper to remain an integral part of sustainable development - The most favorable contributing factors for the growth of Indian copper industry includ...


Copper recycling – environmental, other ..
Copper recycling – environmental, other concerns best addressed - Lucas D''souza Recycling is a key component of modern waste reduction and is the...


MRAI calls for industry...
MRAI calls for industry status for metals recycling - Pramod Shinde Metal Recycling Association of India (MRAI), India’s apex body for ferrous ...


India’s infra potential to spur demand...
India’s infra potential to spur demand for industrial analytical instruments - - Pramod Shinde “We forecast India’s infrastructural development w...


“Cheap imports killing...
“Cheap imports killing stainless steel industry” - “Internationally, standards like ASTM (American Standard), EN (European Standard) and JIS (Japan...


“Union Budget sops for PPP model to..
“Union Budget sops for PPP model to boost demand for steel long products” - - Pramod Shinde “With the new government’s focus on infrastructure an...


Innovation high on agenda for...
Innovation high on agenda for growth of e-mobility components - The changing customer paradigm is challenging today''s mobility practitioners and tra...


Innovation high on agenda for...
Innovation high on agenda for growth of e-mobility components - The changing customer paradigm is challenging today''s mobility practitioners and tra...

 
 MMR Weekly dt. 25th August 2014

Falling crude, LNG, coal prices bodes...
Falling crude, LNG, coal prices bodes well for India - CRISIL Research, India''''s largest independent and integrated research house, believes that pr...


Zinc demand growth higher...
Zinc demand growth higher than expected: MMG - The China-based MMG Ltd, owner of the world''s third-biggest zinc mine, said the global deficit in the...


Events
SLP Summit - The benchmark event for steel long products in India - It was quite remarkable to see such a big turnout and shrill excitement among par...


METAL IN FOCUS
Gold weakens amid improved U.S. jobs data - Gold prices sold off moderately in the aftermath of FOMC minutes that revealed Fed officials believe the U...


ASIDES & BESIDES
Arvind Subramanian tipped to be chief economic advisor - Noted economist Arvind Subramanian is favoured as the choice for the government''s Chief Eco...


METAL IN FOCUS
Gold weakens amid improved U.S. jobs data - Gold prices sold off moderately in the aftermath of FOMC minutes that revealed Fed officials believe the U...


PowerMin renews call for gas...
PowerMin renews call for gas price pooling - To revive gas-based power projects stuck due to non-availability of fuel, the Power Ministry has renewed ...


Govt accords consent to hike...
Govt accords consent to hike royalty rates on minerals - The government on Wednesday last gave nod to increasing royalty rates on minerals including i...


''Steel industry needs finance...
''Steel industry needs finance push by Centre'' - The central government should create a specialized institution on the lines of the Power Finance Cor...


DOMESTIC MARKET REVIEW
Gold falls on weak demand amid global sell-off - Gold continued its declined in the domestic bullion market on account of reduced offtake from jewell...


BASE & PRECIOUS METALS WEEKLY REVIEW
Base metals ended lower on weak Chinese data - Global markets followed an upward trend last week. The US equity indices have led the rally with the...


FORTHCOMING EVENTS
3rd Process Engineering Expo and Conference 2014 - India''s leading exhibition for process and plant equipment, organised by Hyderabad International T...


FERROUS BITS
SAIL draws Rs. 1,35,000-cr plan to up capacity to 50 mt - India''s largest steel-maker, state-owned Steel Authority of India Ltd, will embark on the ...


JSW Steel buys WelspunMaxsteel...
JSW Steel buys WelspunMaxsteel in a Rs 1,000-crore deal - JSW Steel said it has acquired sponge iron maker WelspunMaxsteel Ltd in a deal worth more t...


Global steel production up 1.7% in year...
Global steel production up 1.7% in year to July: WSA - Global steel production rose 1.7 per cent in July over 12 months, driven mainly by growth in Ch...


Steel consumption set to pick up..
Steel consumption set to pick up in India: Moody''s - Steel consumption in India is set to pick up once the new government''s infrastructure spending ...


Increase in royalty has iron ore...
Increase in royalty has iron ore extractors worried - The increase in royalty on minerals, approved by the Union Cabinet on Wednesday last, is likely ...


Youth participation in defence..
Youth participation in defence research necessary: PM - The Prime Minister, Mr Narendra Modi called for involving youth in defence research related a...


Nagpur metro rail project ...
Nagpur metro rail project gets govt nod - The Union Cabinet approved the development of a metro rail project in Nagpur with a proposed outlay of Rs 8...


Viability gap funding model for gas..
Viability gap funding model for gas pipelines in offing - The petroleum ministry has proposed viability gap funding (VGF), similar to such support gi...


NON FERROUS BITS
BHP Billiton successful in cutting expenses by 12 pc - BHP Billiton''s plans to spin-off unwanted assets may have received a tepid welcome from inves...


India''s gold jewellery exports...
India''s gold jewellery exports rise 23 pc in Q1 - The exports of gold jewellery from India has increased 23 per cent in the first quarter of the curr...


Al market in deficit: WBMS
The World Bureau of Metal Statistics (WBMS), the research data provider on global metals industry, has calculated market deficit for primary aluminium...

 
 
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