The Indian Long Product Price Index ILPPI went up down by 12 points whereas Indian Flat Product Price Index IFPPI went down by 23 points. The overall Indian Steel Price Index INDSPI went down by 5 points
in reference to: Google (view on Google Sidewiki)Monday, June 7, 2010
Friday, November 27, 2009
Nano production to begin at Gujarat in fourth quarter
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
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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
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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
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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
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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>
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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.
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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.
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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.
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For specific information on steel prices, we are running following ventures
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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.
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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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