Wide steel plate price up in Chennai and Mumbai

PLTS
GR B
12-20x2.5


Location Change

Ahmedabad 453

Bangalore 0

Chennai 907

Delhi 0

Indore 0

Kanpur 0

Kolkata 0

Mumbai 453

Raipur 0

Rudrapur 0


Change is on 27th January as compared to 25th January 2011
Change is in INR per tonne

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Kumba to fight South Africa mine right rejection

Kumba Iron Ore said that it will fight South Africa's decision to reject its bid for a disputed mining right, calling the decision legally incorrect and fundamentally flawed.

The dispute concerns Kumba's bid for a mining right over a 21.4 percent stake in its Sishen mine. The iron ore

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GP steel HDG price update on Jan 27

GP
100Gms
0.40


Location Change

Mumbai 0

Chennai 363

Kolkata 0

Delhi 0

Ludhiana 91

Kanpur 0

Rudrapur 0

Bangalore 0



Change is on 27th January as compared to 25th January 2011
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.

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Chinese domestic narrow HR strip prices remain flat

HR Strip
183*2.75


Location In CNY In USD

Shanghai 0 0

Hangzhou 0 0

Guangzhou 0 0

Wuhan 0 0

Tianjin 0 0

Chengdu 0 0

Wuxi 0 0

Lecong 0 0

Tangshan 0 0

Average 0 0


Change is on 27th January as compared to 26th January 2011
Change is per tonne
USD:CNY = 6.58

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ICVL decides not counter bid for Riversdale Mining

Reuters reported that Indian state owned consortium International Coal Videsh Limited has decided not to counter Rio Tinto's AUD 3.9 billion bid for Australian miner Riversdale Mining.

ICVL, which had earlier said it would consider a bid and had hired Citigroup to do due diligence on the

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