August 10 update on oil slick from MV Rak

A review meeting by the directorate general of shipping as a part of the follow up action on the pollution response and abatement measures for oil pollution from the sunken ship MV Rak Carrier was convened on August 10th 2011 at 1700 hours.

The situation report on oil pollution and

 

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SteelGuru readership continues to grow July 2011

www.steelguru.com has registered 4,446,758 page hits during July 2011, which translates to more than 1 million page hits per week, consecutively for the 13th month since July 2010.

With this, www.steelguru.com continues to be the most popular English based portal in the area of steel,

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Indian steel market sings in chorus with the stock sentiments

Predictably in tandem with the BSE and the NSE which appreciated by 273 and 88 points respectively the pencil ingot prices recoiled at all centres. The revival was signaled on a reaffirmation by the US Federal Reserve to maintain interest rates at nearly 0% till 2013 gave the market

 

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MMK launches JDA and SCP based productive economic planning system

Magnitogorsk Iron and Steel Works OJSC and GMCS Company announced the pilot commissioning of a productive-economic planning system based on the JDA® Supply Chain Planner.

The project is intended to optimize production and economic operations, which is a key component of MMK's long

 

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Indian steel price index remains flat on August 9

The Indian Long Product Price Index ILPPI went down by 2 points on August 9th 2011 whereas Indian Flat Product Price Index IFPPI remains flat. The overall Indian Steel Price Index INDSPI went down by 2 points

Class	08-Aug	09-Aug	Change	%
ILPPI	8488	8486	-2	0.0%
IFPPI	8623	8623	0	0.0%
INDSPI	8553	8551	-2	0.0%

ILPPI – Long Product Price Index
IFPPI – Flat Product Price Index
INDSPI – Indian Steel Price Index

Long Products

Category	08-Aug	09-Aug	Change	%
PI - TMT	8544	8539	-5	-0.1%
PI - WRC	8726	8726	0	0.0%
PI - Angle	8105	8101	-4	-0.1%
PI - Channel	8199	8195	-4	-0.1%
PI - Joist	7490	7490	0	0.0%

PI – Product Index

Flat Products

Category	08-Aug	09-Aug	Change	%
PI - Narrow Plates	8236	8236	0	0.0%
PI - Wide Plates	8606	8606	0	0.0%
PI - Hot Rolled	8288	8288	0	0.0%
PI - Cold Rolled	9526	9526	0	0.0%
PI - Galvanized	9303	9303	0	0.0%

PI – Product Index

To know more about these indices please visit
http://steelprices-india.com/spi_services/spi.html

You can also get ILPPI, IFPPI and INDSPI as SMS alert on mobile by submitting your details at http://steelprices-india.com/smsalert

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.

(Sourced from www.steelprices-india.com)

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