Global steel production up 28 % in H1
The world steel output was up nearly 28 per cent in the first half of this calendar year. Crude steel production in January to June reached 705.8 mill...
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Govt role vital in iron ore mining
The issue of curbs on iron ore exports have set in motion a tug of war between the Commerce Ministry and the Steel Ministry, the former representing t...
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DOMESTIC MARKET REVIEW
Gold sparkles on stockists buying, firm global trend -
On fresh buying by stockists and jewellers on the back of a firming trend in global markets, g...
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BASE & PRECIOUS METALS WEEKLY REVIEW & OUTLOOK
Base metals rise on weaker dollar, improving demand -
Base metals on Friday (July 23) climbed up as a weaker dollar and improving fundamentals suppor...
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PERSPECTIVE
Rising exports indicate economic resilience - Notwithstanding a general slowdown in China and a lingering concern over Eurozone crisis, here is India,...
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ASIDES & BESIDES
S. Vijay Kumar appointed new mines secy -
Mr S. Vijay Kumar has been appointed as the new Secretary, Ministry of Mines. He is a 1976 batch IAS office...
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FERROUS BITS
SAIL, Posco may ink pact for setting up plants -
By October this year, State-owned SAIL is likely to ink an agreement with South Korean steel major P...
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SAIL orders rolling mill from Siemens VAI
The Steel Authority of India (SAIL) has awarded an order to a consortium led by Siemens VAI Metals Technologies for the construction of a new rolling ...
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ArcelorMittal, Uttam Galva likely...
ArcelorMittal, Uttam Galva likely to build steel plant - ArcelorMittal, the world’s largest steel maker may form a pact with its domestic partner Utta...
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BHEL bags thermal power plant contract
Bharat Heavy Electricals Limited (BHEL) recently bagged a Rs 2,665 crore contract for setting up a 1,200 mw coal-based thermal power plant in Chhattis...
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Tiana Power, KOPEC in JV for cheap power
In a bid to provide power in the country at affordable rates, Pune-based Tiana Group company, Tiana Power Projects, said it has signed a Memorandum of...
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General Motors plan to increase local sourcing
General Motors India is strengthening its India plans as it intends to locally source more than 90% per cent of its requirements compared to existing ...
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Renault-Nissan, Bajaj may roll out own low....
Renault-Nissan, Bajaj may roll out own low cost cars -
Bajaj Auto and the Renault-Nissan duo have mutually undertaken to restrict their partnership t...
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NMDC to hike iron ore capacity to 51mt by 2014-15
Government owned mining company NMDC has said that it plans to increase its iron ore production capacity from 29 million metric tonne at present to 51...
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India’s infra projects feature in KPMG’s report
Three Indian projects have featured in global consultancy firm KPMG’s 100 global project report. The three Indian projects include: KG-D6, Mundra and ...
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Rel Infra bags Rs 3k cr NHAI project
The Anil Dhirubhai Ambani Group promoted Reliance Infrastructure Ltd has announced that it has signed the concession agreement for the Delhi-Agra Road...
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NON-FERROUS BITS
Nalco eyes Afghan mining resources -
Nalco, the state-owned aluminium producer, is likely to tap mines in Afghanistan, which is expected to invite gl...
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Auto, electrical sector to boost Al intake
Over the next four years, the fast growing automotive and electrical sectors are likely to boost the use of aluminium in India at a compounded annual ...
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Lead, zinc output up in Jan-May’10 : ILZDA
During January-May 2010, the supply of refined lead metal exceeded demand by 34kt and over the same period its stock levels rose by 46kt, as per the p...
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CIL - mining with green fingers
Environment is the vital factor on which the future of coal industry depends. While the economic benefits of the industry are important today, the pub...
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Sesa Goa posts threefold rise in net profit
Sesa Goa has reported a threefold rise in net profit at Rs 1,304 crore for the quarter ended June, on account of selling more iron ore at a higher pri...
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FORTHCOMING EVENTS
4th India Steel Summit – an event to catalyze the developments of steel sector in the India, Organized by: ASSOCHAM is association with Ministry of St...
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EVENT
Impact of global & regional
developments on the metals industry - LME Metals seminar 2010 is the global metals industry event not to be missed. Thi...
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TECH CORNER
DX reduction cell technology contains emission -
Dubai Aluminium (Dubal) has invested substantial resources over the years in developing advanced ele...
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