TATA Motors said that the upcoming Gujarat factory for the Nano will start trial production in the fourth quarter of this financial year.
Mr PM Telang India MD for TATA Motors said that work was on at the new factory site for the Nano at Sanand near Ahmedabad where the company decided to
Sourse: More Info
Friday, November 27, 2009
Surya Roshni eyeing to venture into the real estate sector
Having fared well in the lighting division Surya Roshni Limited has plans to venture into the real estate sector.
Mr Jai Prakash Aggarwal CMD of Surya Roshni Limited maintained that the company had plans for the real estate sector. Although the company had ventured into real estate a few
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Mr Jai Prakash Aggarwal CMD of Surya Roshni Limited maintained that the company had plans for the real estate sector. Although the company had ventured into real estate a few
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JSW appoints AISCO as distributor of JSW TMT PLUS
It is reported that JSW Steel Limited has appointed Aggarwal Iron & Steel Company for Distributor of JSW TMT PLUS as their authorized Project Sale Dealer for Delhi and Haryana.
JSW TMT PLUS TMT bars are made from pure steel and are produce in state-of-the-art plants with Controlled
Sourse: More Info
JSW TMT PLUS TMT bars are made from pure steel and are produce in state-of-the-art plants with Controlled
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INDSPI - SENSEX for domestic steel prices in India
Amidst the currently prevailing volatile and speculative steel price scenario in India, SteelGuru.com has started the much needed barometer to track and measure the price movements on daily basis.
In order to provide an index for steel prices, we call it SENSEX for steel, SteelGuru.com
Sourse: More Info
In order to provide an index for steel prices, we call it SENSEX for steel, SteelGuru.com
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Invitation to use FREE services of world’s largest steel and metals’ portal <a href="http://www.steelguru.com">www.steelguru.com</a>
Dear Sir
We have the privilege to extend an invitation to you to utilize our steel related information services free of cost. Pl visit www.steelguru.com and enter your details to utilize our services.
www.steelguru.com was started in June 2005 and now our web site gets more than 80,000 page hits per day, which makes it the most popular steel portal in English language globally. In addition there are more than 40,000 subscribers spread across 170 countries, who receive STT everyday, making STT largest circulating news letter on steel in the world.
www.steelguru.com is an attempt to make one-of-a-kind place to help individuals and companies in the business of steel and allied materials to do better by utilizing information. We, at Steel Guru, believe that after the age of Information Technology in the earlier years of this decade, now the age of information has come. We also strongly believe in free dissemination of information, unless it is specific in nature and that in coming times users would not pay for information of general nature.
Our effort is centered around steel industry but also covers related fields like raw materials, mining, metals, equipments and logistics etc. We also cover consuming segments like auto, pipelines, infrastructures and shipbuilding etc. General economic indicators and other factors influencing steel business are also covered.
Our team collects news from various sources and edits them to make them easy to read and reader friendly and than post about 150 of them on the website 365 days a year without any break.
Interested users can also submit their basic details by clicking on “New Registration” on our home page for receiving our flagship email newsletter, Steel Trade Today (STT), which is published in 8 versions, absolutely free of charge. Each version has three parts specific news, other news and headlines of balance news with links to website.
1. International
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4. CIS
5. China
6. Stainless and special steels
7. Raw material and mining
8. Metals
www.steelguru.com website has some more features including advance search function, archives, technical information, specifications, glossary and converters etc, which can be accessed by a registered user only. We also partner with industry related events to keep our readers informed about them. In addition, we are selling reports on the industry, most of which are published by other agencies.
For specific information on steel prices, we are running following ventures
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You may like to visit them to know the service parameters.
More info about Steel Guru - We have created a link on the home page “Tips to use steelguru.com services effectively” http://www.steelguru.com/tips and you can browse through the tips as per your requirement. We shall be publishing one TIP every day form now on to keep you abreast with these developments and possibilities.
www.steelguru.com is operated by a team consisting of several steel industry insiders, as well as IT professionals. The entire effort is supported by the Major & Minor Group
Sunday, November 15, 2009
Avantha Power to raise up to INR 1000 crore via IPO
Avantha Power, part of Mr Gautam Thapar promoted Avantha Group, said that it is looking at raising up to INR 1000 crore through an initial public offer in 12 to 18 months.
The report quoted Mr B Hariharan Finance director of Avantha Group as saying that “We still do not have any fixed
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The report quoted Mr B Hariharan Finance director of Avantha Group as saying that “We still do not have any fixed
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Indo and US cooperation in the Field of energy
Dr Steven Chu US Energy Secretary met with Mr Sushilkumar Shinde Union Minister of Power in New Delhi. Both Mr Shinde and Secretary Chu agreed that joint development of new technologies in the field of energy would be of mutual interest.
Amongst the areas identified for cooperation are
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Amongst the areas identified for cooperation are
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ONGC and OIL purposes hike gas price by 33pct
Indian petroleum ministry has proposed a 33% hike in the price of natural gas produced by ONGC and Oil India and gradually increase it to USD 4.20 per mBtu set for gas from the Reliance Industries’ KG-D6 fields.
The ministry has circulated a Cabinet note for raising price of gas under
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The ministry has circulated a Cabinet note for raising price of gas under
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Monday, November 9, 2009
Kardemir results for 9 months
Steel Orbis reported that Turkish integrated long steel producer Kardemir has announced its unaudited consolidated financial results for the Q3 and first 9 months of 2009.
According to the statement from Kardemir, consolidated net loss for the Q3 of the year totaled TRL 24.52 million as compared to a net profit of TRL 94.18 million in Q3 of 2008. On local currency basis, Kardemir's net loss in the given period declined 4.55% compared to the net loss recorded in the Q2 of 2009. In the Q3, Kardemir's sales revenues declined by 36.42% YoY to TRL 201.97 million while a QoQ increase of 2.19% was registered.
On the other hand, in the first 9 months of the current year Kardemir registered a net loss of TRL 71 million compared to a net profit of TRL 224.39 million in the corresponding period of 2008. In the period in question, Kardemir's sales revenues decreased by 29% YoY to TRL 603.94 million.
In the January to September period of 2009, Kardemir produced 471,850 tonne of metallurgical coke down 13.04%, 790,920 tonne of crude steel down 2.13% and 31,556 tonne of pig iron down 8.34% all compared to January to September 2008. Meanwhile, in the first 9 months of 2009, the company's billet output totaled 615,133 tonne increasing by 1.99% while its bloom output amounted to 187,654 tonne decreasing by 8.5% both compared to the corresponding period of 2008.
In the first 9 months of the current year, Kardemir's finished steel output declined by 10.9% YoY to 479,221 tonne with a 70.6% capacity utilization rate. In the period in question, Kardemir's rebar output declined by 1.75% reaching 377,993 tonne while its section production decreased by 50.7% to 53,641 tonne and its rail product output totaled 35,530 tonne down 0.67% all compared to the corresponding period of the previous year.
(Sourced from http://www.steelguru.com/news/index/2009/11/10/MTE5NjI1/Slowdown_signs_-_Japanese_construction_firms_remain_unpaid_for_work_in_Dubai.html)
According to the statement from Kardemir, consolidated net loss for the Q3 of the year totaled TRL 24.52 million as compared to a net profit of TRL 94.18 million in Q3 of 2008. On local currency basis, Kardemir's net loss in the given period declined 4.55% compared to the net loss recorded in the Q2 of 2009. In the Q3, Kardemir's sales revenues declined by 36.42% YoY to TRL 201.97 million while a QoQ increase of 2.19% was registered.
On the other hand, in the first 9 months of the current year Kardemir registered a net loss of TRL 71 million compared to a net profit of TRL 224.39 million in the corresponding period of 2008. In the period in question, Kardemir's sales revenues decreased by 29% YoY to TRL 603.94 million.
In the January to September period of 2009, Kardemir produced 471,850 tonne of metallurgical coke down 13.04%, 790,920 tonne of crude steel down 2.13% and 31,556 tonne of pig iron down 8.34% all compared to January to September 2008. Meanwhile, in the first 9 months of 2009, the company's billet output totaled 615,133 tonne increasing by 1.99% while its bloom output amounted to 187,654 tonne decreasing by 8.5% both compared to the corresponding period of 2008.
In the first 9 months of the current year, Kardemir's finished steel output declined by 10.9% YoY to 479,221 tonne with a 70.6% capacity utilization rate. In the period in question, Kardemir's rebar output declined by 1.75% reaching 377,993 tonne while its section production decreased by 50.7% to 53,641 tonne and its rail product output totaled 35,530 tonne down 0.67% all compared to the corresponding period of the previous year.
(Sourced from http://www.steelguru.com/news/index/2009/11/10/MTE5NjI1/Slowdown_signs_-_Japanese_construction_firms_remain_unpaid_for_work_in_Dubai.html)
Kardemir results for 9 months
Steel Orbis reported that Turkish integrated long steel producer Kardemir has announced its unaudited consolidated financial results for the Q3 and first 9 months of 2009.
According to the statement from Kardemir, consolidated net loss for the Q3 of the year totaled TRL 24.52 million as compared to a net profit of TRL 94.18 million in Q3 of 2008. On local currency basis, Kardemir's net loss in the given period declined 4.55% compared to the net loss recorded in the Q2 of 2009. In the Q3, Kardemir's sales revenues declined by 36.42% YoY to TRL 201.97 million while a QoQ increase of 2.19% was registered.
On the other hand, in the first 9 months of the current year Kardemir registered a net loss of TRL 71 million compared to a net profit of TRL 224.39 million in the corresponding period of 2008. In the period in question, Kardemir's sales revenues decreased by 29% YoY to TRL 603.94 million.
In the January to September period of 2009, Kardemir produced 471,850 tonne of metallurgical coke down 13.04%, 790,920 tonne of crude steel down 2.13% and 31,556 tonne of pig iron down 8.34% all compared to January to September 2008. Meanwhile, in the first 9 months of 2009, the company's billet output totaled 615,133 tonne increasing by 1.99% while its bloom output amounted to 187,654 tonne decreasing by 8.5% both compared to the corresponding period of 2008.
In the first 9 months of the current year, Kardemir's finished steel output declined by 10.9% YoY to 479,221 tonne with a 70.6% capacity utilization rate. In the period in question, Kardemir's rebar output declined by 1.75% reaching 377,993 tonne while its section production decreased by 50.7% to 53,641 tonne and its rail product output totaled 35,530 tonne down 0.67% all compared to the corresponding period of the previous year.
(Sourced from http://www.steelguru.com/news/index/2009/11/10/MTE5NjI1/Slowdown_signs_-_Japanese_construction_firms_remain_unpaid_for_work_in_Dubai.html)
According to the statement from Kardemir, consolidated net loss for the Q3 of the year totaled TRL 24.52 million as compared to a net profit of TRL 94.18 million in Q3 of 2008. On local currency basis, Kardemir's net loss in the given period declined 4.55% compared to the net loss recorded in the Q2 of 2009. In the Q3, Kardemir's sales revenues declined by 36.42% YoY to TRL 201.97 million while a QoQ increase of 2.19% was registered.
On the other hand, in the first 9 months of the current year Kardemir registered a net loss of TRL 71 million compared to a net profit of TRL 224.39 million in the corresponding period of 2008. In the period in question, Kardemir's sales revenues decreased by 29% YoY to TRL 603.94 million.
In the January to September period of 2009, Kardemir produced 471,850 tonne of metallurgical coke down 13.04%, 790,920 tonne of crude steel down 2.13% and 31,556 tonne of pig iron down 8.34% all compared to January to September 2008. Meanwhile, in the first 9 months of 2009, the company's billet output totaled 615,133 tonne increasing by 1.99% while its bloom output amounted to 187,654 tonne decreasing by 8.5% both compared to the corresponding period of 2008.
In the first 9 months of the current year, Kardemir's finished steel output declined by 10.9% YoY to 479,221 tonne with a 70.6% capacity utilization rate. In the period in question, Kardemir's rebar output declined by 1.75% reaching 377,993 tonne while its section production decreased by 50.7% to 53,641 tonne and its rail product output totaled 35,530 tonne down 0.67% all compared to the corresponding period of the previous year.
(Sourced from http://www.steelguru.com/news/index/2009/11/10/MTE5NjI1/Slowdown_signs_-_Japanese_construction_firms_remain_unpaid_for_work_in_Dubai.html)
Slowdown signs - Japanese construction firms remain unpaid for work in Dubai
Arabian Business reported that Japanese construction companies are facing serious debt problems amid issues with being paid for work done in Dubai.
As per report, Mr Seiichi Otsuka the Japanese consul general in Dubai claimed firms are still owed billions of dollars on projects that include
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As per report, Mr Seiichi Otsuka the Japanese consul general in Dubai claimed firms are still owed billions of dollars on projects that include
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LISCO 9 months production updates
Arab Steel reported that the Libyan Iron and Steel Company has achieved increase in production of long products during the first 9 months of 2009 compared to the same period in 2008.
According to data supplied by LISCO, total production of rebars amounted to 447,000 tonnes against 415,000
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According to data supplied by LISCO, total production of rebars amounted to 447,000 tonnes against 415,000
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Thursday, November 5, 2009
Sponge iron price remains flat on Nov 5
Sponge iron
Location Change
Kolkata 0
Raipur 0
Raigarh 0
Rourkela 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Location Change
Kolkata 0
Raipur 0
Raigarh 0
Rourkela 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
GC (HDG) price decreases in Delhi
GC
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata -554
Delhi -924
Ludhiana 0
Kanpur -178
Rudrapur 0
Bangalore 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata -554
Delhi -924
Ludhiana 0
Kanpur -178
Rudrapur 0
Bangalore 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Plate cuttings prices down at Alang
Product Grade Size Change
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1' -100
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1' -100
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Steel melting scrap price increases in Mandi
Melting scrap
80:20
HMS
Location Change
Mumbai -100
Chennai 0
Kolkata 0
Mandi 277
Kandla 0
Kanpur 0
Rudrapur 0
Hyderabad 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
80:20
HMS
Location Change
Mumbai -100
Chennai 0
Kolkata 0
Mandi 277
Kandla 0
Kanpur 0
Rudrapur 0
Hyderabad 0
Change is on November 5th as compared to November 4th 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Bangladesh defends beaching method for ship breaking
Lloyds List reported that a Bangladesh governmental official attempted to deny that vessels dismantled using the beaching method was directly harmful to the marine environment.
Mr AKM Shafiqullah former director general of the country’s Department of Shipping said that despite
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Mr AKM Shafiqullah former director general of the country’s Department of Shipping said that despite
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Ashok Leyland rolls out 6011 vehicles in October 2009
Economic Times reported that Ashok Leyland a commercial vehicle manufacturing company based in Chennai has rolled out up to 6011 vehicles in October 2009 up by 66.5% over 3609 in the same month last year.
After a long gap, the company improved production to 5,477 vehicles in September 2009.
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After a long gap, the company improved production to 5,477 vehicles in September 2009.
Sourse: More Info
Directory of Induction Furnace Based Steel Makers in India
In India the using of Mains Frequency Induction Furnaces started from mid sixties and medium frequency imported induction furnaces from mid-seventies but a sudden growth took place from early eighties up to mid nineties when indigenous manufacture of Induction Furnaces commenced.
During
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During
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NHPC Q2 net dips marginally to INR 617 crore
BL reported that Hydro power firm NHPC Ltd has announced a net profit of INR 616.64 crore in the quarter ended September 30th 2009, down by 2.63% over INR 633.31 crore in the September quarter last fiscal.
NHPC in a filing with the Bombay Stock Exchange said that the company’s total
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NHPC in a filing with the Bombay Stock Exchange said that the company’s total
Sourse: More Info
Wednesday, November 4, 2009
HRC prices surge in major places on Nov 3
HRC
Tube
2.5x1250
Location Change
Mumbai 0
Kolkata -185
Delhi 0
Ludhiana -92
Ahmedabad -185
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Tube
2.5x1250
Location Change
Mumbai 0
Kolkata -185
Delhi 0
Ludhiana -92
Ahmedabad -185
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Sponge iron price movements on Nov 3
Sponge iron
Location Change
Kolkata 0
Raipur 0
Raigarh 0
Rourkela 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Location Change
Kolkata 0
Raipur 0
Raigarh 0
Rourkela 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
GC (HDG) price decrease in Rudrapur
GC
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Delhi 0
Ludhiana -92
Kanpur -267
Rudrapur -1155
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Delhi 0
Ludhiana -92
Kanpur -267
Rudrapur -1155
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Plate cuttings prices dip at Alang
Product Grade Size Change
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1” -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1” -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
Sourse: More Info
Tuesday, November 3, 2009
Patra (Narrow HR strips) price falls in Ludhiana
Patra
Location Change
Delhi 0
Mandi 0
Ludhiana -185
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Location Change
Delhi 0
Mandi 0
Ludhiana -185
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
HRC prices surge in major places on Nov 3
HRC
Tube
2.5x1250
Location Change
Mumbai 0
Kolkata -185
Delhi 0
Ludhiana -92
Ahmedabad -185
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Tube
2.5x1250
Location Change
Mumbai 0
Kolkata -185
Delhi 0
Ludhiana -92
Ahmedabad -185
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
GC (HDG) price decrease in Rudrapur
GC
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Delhi 0
Ludhiana -92
Kanpur -267
Rudrapur -1155
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
100Gms
0.40
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Delhi 0
Ludhiana -92
Kanpur -267
Rudrapur -1155
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Plate cuttings prices dip at Alang
Product Grade Size Change
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1” -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Ship Scrap Melting Mixed 0
Plate cuttings Rolling 1” -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Wide steel plate price falls in Kolkata on Nov 3
PLTS
GR B
12-20x2.5
Location Change
Mumbai 0
Chennai 0
Kolkata -370
Delhi 0
Raipur 0
Kanpur -178
Rudrapur 0
Ahmedabad -462
Indore 0
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
GR B
12-20x2.5
Location Change
Mumbai 0
Chennai 0
Kolkata -370
Delhi 0
Raipur 0
Kanpur -178
Rudrapur 0
Ahmedabad -462
Indore 0
Bangalore 0
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Steel melting scrap price fall in Hyderabad
Melting scrap
80:20
HMS
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Mandi 0
Kandla 0
Kanpur 0
Rudrapur 0
Hyderabad -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
80:20
HMS
Location Change
Mumbai 0
Chennai 0
Kolkata 0
Mandi 0
Kandla 0
Kanpur 0
Rudrapur 0
Hyderabad -100
Change is on November 3rd as compared to November 2nd 2009
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
Madras Cements to sell stake in arm
Madras Cements Ltd has informed BSE that the board of directors has decided to divest the shares in a wholly owned subsidiary, Madras Sugars Ltd which was incorporated for the purpose of carrying out sugar business.
The paid-up capital of Madras Sugars is INR 1 million
(Sourced from http://www.steelguru.com/news/index/2009/11/04/MTE4Nzk1/Madras_Cements_to_sell_stake_in_arm.html)
The paid-up capital of Madras Sugars is INR 1 million
(Sourced from http://www.steelguru.com/news/index/2009/11/04/MTE4Nzk1/Madras_Cements_to_sell_stake_in_arm.html)
Maersk Line to hike freight rates
Maersk Line has announced a general increase in freight rates effective November 15 in South/Asia/Middle East to Europe trade.
According to a company release, the proposed increase will be USD 100 per TEU and USD 200 per FEU. The release said that “The trading conditions for the
http://www.steelguru.com/news/index/2009/11/04/MTE4Nzk2/Maersk_Line_to_hike_freight_rates.html
According to a company release, the proposed increase will be USD 100 per TEU and USD 200 per FEU. The release said that “The trading conditions for the
http://www.steelguru.com/news/index/2009/11/04/MTE4Nzk2/Maersk_Line_to_hike_freight_rates.html
Sunday, November 1, 2009
Timken India Q2 net down by 38pct
Timken India announced a steep drop in standalone net profit for the quarter ended September 2009. During the quarter, the profit of the company declined 38.49% to INR 91.10 million from INR 148.10 million in the same quarter last year.
Its net sales for the quarter declined by 28.32% to
http://www.steelguru.com/news/index/2009/11/02/MTE4MzU2/Timken_India_Q2_net_down_by_38pct.html
Its net sales for the quarter declined by 28.32% to
http://www.steelguru.com/news/index/2009/11/02/MTE4MzU2/Timken_India_Q2_net_down_by_38pct.html
Saurashtra Cement Q2 net loss up by 25pct
Saurashtra Cement reported a net loss of INR 16.50 crore for the Q2 ended September 30th 2009 up by 25.47 % from a net loss of INR 13.15 crore in the same period previous fiscal.
Saurashtra Cement in a filing to the Bombay Stock Exchange said that its total income declined to INR 70.94 crore in the latest quarter ended September 30 against INR 104.14 crore in the same period last year.
Saurashtra Cement in a filing to the Bombay Stock Exchange said that its total income declined to INR 70.94 crore in the latest quarter ended September 30 against INR 104.14 crore in the same period last year.
Double eco achievement as Bapco project reduces emissions
Bapco’s Process Control & Instrumentation Department has successfully commissioned three advanced process control applications which are helping reduce environmental emissions and conserve energy at its Sitra refinery.
The three applications, implemented recently on process heaters in
http://www.steelguru.com/news/index/2009/11/02/MTE4MzU0/Double_eco_achievement_as_Bapco_project_reduces_emissions.html
The three applications, implemented recently on process heaters in
http://www.steelguru.com/news/index/2009/11/02/MTE4MzU0/Double_eco_achievement_as_Bapco_project_reduces_emissions.html
INR 150 crore products destroyed in IOC fire near Jiapur
According to the initial assessment made by the Indian Oil Corporation, it will lose INR 300 crore due to the major fire at its Jaipur Oil Depot. The fire has slowed down, but it will take another 24 hours to restore normalcy.
At least 15 people died and over 150 injured in the fire
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUz/INR_150_crore_products_destroyed_in_IOC_fire_near_Jiapur.html
At least 15 people died and over 150 injured in the fire
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUz/INR_150_crore_products_destroyed_in_IOC_fire_near_Jiapur.html
Work on Srisailam hydel project restore
BL reported that after hectic restoration works, the power generation in first of seven units of 110 MW each of the Srisailam right bank 500 MW coal based power house located near Vijayawada in AP. The rest of the six units will also get into generation mode within one week each thereafter.
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUy/Work_on_Srisailam_hydel_project_restore.html
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUy/Work_on_Srisailam_hydel_project_restore.html
Work on Bengal to Sikkim broad gauge railway line begins
BL reported that vice president of India laid the foundation stone for the broad gauge railway line between Rangpo in Sikkim and Sevoke of West Bengal at Sikkim Mining Ground triggering dreams of seeing the Indian Railways flag flying at the Nathu La border post.
Dr Hamid Ansari said that
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUx/Work_on_Bengal_to_Sikkim_broad_gauge_railway_line_begins.html
Dr Hamid Ansari said that
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUx/Work_on_Bengal_to_Sikkim_broad_gauge_railway_line_begins.html
Sunil Hi Tech Q2 revenue up by 53pct
Sunil Hi Tech Engineers Ltd one of the leading technology and EPC companies in the power & infrastructure sector continued its profitable growth for the Quarter ended September 30th 2009.
Sunil Hi Tech Engineers for the quarter ended September 30th 2009 posted revenues of INR 200.91 crores
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUw/Sunil_Hi_Tech_Q2_revenue_up_by_53pct.html
Sunil Hi Tech Engineers for the quarter ended September 30th 2009 posted revenues of INR 200.91 crores
http://www.steelguru.com/news/index/2009/11/02/MTE4MzUw/Sunil_Hi_Tech_Q2_revenue_up_by_53pct.html
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