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| MMR Monthly April 2008 Issue |
Editorial Need for long-term solutions -
Though the historic takeover of the British iconic brands Jaguar and Land Rover by Tata Motors marks a new high in the...
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Infrastructure growth to boost use As the country is fast emerging as the world’s third largest economy, the development of infrastructure is gaining prominence, which in turn gives imm...
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Steel: still steals the show If India is to become a steel hub, companies should improve quality, reduce cost, secure raw material linkages and improve marketing strategies. Expan...
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Mandatory standards to cripple industry Steel and Steel Products (Quality Control) Order, 2007 stipulates standards for 17 products in steel and are made mandatory from May 2008. The order ...
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Copper scenario in India In the new era of technology and industrial change, the role of the earliest metal known to man - copper, is steadily assuming levels of immense impor...
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Software takes foundry shop trials to table top ‘Virtual casting’ renders casting simulation useful and more economic for small units. It can also be used for process design in industry as well as i...
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Laser welding finds new applications The demand for laser technology has been robust, particularly in the emerging economies. With this, laser welding technology is now being developed to...
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A ride in the sky With stainless steel replacing a lot of competitive materials like plastic and many other materials, there is no doubt that the prices will remain fir...
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New mineral policy to attract huge FDI The new mineral policy approved by the Union Cabinet after a delay of nearly two years, throws open new investment and employment opportunities. What’...
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BSE Metals Index in intermediate downtrend The metals index is still in an intermediate downtrend as it has been exhibiting descending minor tops and bottoms. The relative strength line for thi...
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Pig iron industry: problems and prospects The pig iron production through BF route which has been there since several hundred years is likely to remain as a major iron production route in the ...
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IN FOCUS Rising steel prices impact Indian shipbuilding industry - Chinese and Korean shipbuilders are already putting India on a tight rope in the area of sh...
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Spiralling steel costs impact end-users The spiralling steel prices by more than 25 per cent during the last three months is becoming a major cause of concern for many of the end-users like ...
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Infra, auto sectors to drive CR steel demand Though the volume growth would be visible in the years to come, largely due to the continuation of infrastructure spending, strong demand from the aut...
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MARKET REPORT Steel
Soaring raw materials prop up prices
During the month of March, steel prices extended its gains due to the rising demand in Asian countries li...
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| MMR Weekly dt. 5th May 2008 |
DOMESTIC MARKET REVIEW Gold, silver lose glitter on selling pressure; retail buying improves
As stockists sold a part of their holdings in the wake of a steep fall in inter...
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Base & precious metals Weekly Review & Outlook Copper range-bound, gold gains
Even as traders waited to see whether the market will continue to weaken following Thursday’s sell-off ,base metals we...
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Perspective Slew of measures to combat inflation -
A number of domestic announcements on monetary and fiscal fronts to tame inflation gave cheers to bond market...
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TECH CORNER Incuity Software gives Rockwell an edge -
EMI real-time visibility and performance management software is part of the fastest-growing segment of prod...
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Reliance Power eyes more Indonesian coal mines Reliance Power Ltd, flagship company of the Anil Dhirubhai Ambani Group’s (ADAG) is planning to invest about $1 billion (Rs 4,000 crore) in acquir...
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FERROUS BITS Essar Steel to acquire Esmark for $ 1.1 bn - Essar Steel Holdings Ltd. (ESHL) has agreed to acquire Esmark of the U.S. at an estimated enterprise val...
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Correction likely in global steel prices soon Though global steel prices have soared about 40 per cent this year due to escalating production costs, strong demand and tight supplies , towards t...
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Refined copper market may move into surplus International Copper Study Group (ICSG) in its latest data says that the global refined copper production should outstrip demand by 85,000 tonnes in 2...
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IN FOCUS Yellow metal price spike may dampen Akshaya Tritiya festivities -
The festival, Akshaya Tritiya, falls on May 7. It is considered auspicious to buy...
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METALS IN STOCKS Intermediate uptrend gains momentum; all indices improve; fresh intermediate correction likely -
The intermediate uptrend gained momentum as more sto...
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49% rise in Hindalco net profit Hindalco Industries, the flagship company of the Aditya Birla Group has reported a 49 per cent jump in its fourth quarter net profit, mainly on acco...
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FM unveils steps to check steel prices The Union Finance Minister, Mr P. Chidambaram, has announced a slew of fiscal measures focused on augmenting domestic availability of steel products ...
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MMDR Act being amended In order to facilitate the recently cleared mineral policy, the Union Ministry of Mines is working on a list of amendments to the existing Mines and M...
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Project to revive King Solomon’s Mines One of Mexico’s leading steel and mining company Alto Hornos de Mexico (AHMSA) is planning to invest about US $160 million to bring the Arava Mine lo...
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China may slash Indian ore orders Owing to sharp price rises, China’s iron and steel industry has taken action to import more iron ore from countries other than India. According to...
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Correction likely in global steel prices soon Though global steel prices have soared about 40 per cent this year due to escalating production costs, strong demand and tight supplies , towards t...
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