Announcement

Wednesday, March 14, 2012

Invitation To Join Indian steel Market conference on March 21

Be part of the second edition of Indian Steel Market Conference on Wednesday 21st & Thursday 22nd March 2012 at the Hotel Leela Kempinski in Gurgaon Delhi NCR

As only 7 days are left, you are requested to understand the takeaways from this unique event to assess what you would gain by joining the same

The conference is designed to understand critical issues before the Indian steel sector by addressing the ground realities in several regions like China, CIS, and Europe etc as well as in depth analysis of steel user segments like Infrastructure, Auto, and Power etc in India.

YOU CAN INTERACT WITH CAPTAINS OF INDIAN STEEL SECTOR
The event will start with opening address from Mr S Machendranathan, Additional Secretary & Financial Advisor to the Ministry of Steel. The captains of Indian steel mills including Mr AP Chaudhary CMD of RINL, Mr Dilip Oommen MD & CEO of Essar Steel, Mr Jayant Acharya Director Sales & Marketing of JSW, Mr VR Sharma Deputy MD & CEO Steel Business of JSPL and Mr NK Nanda Chairman of NMDC would share their vision on "Indian Growth Story - Progress, Impediments and Future." SAIL chairman and VP TATA Steel are also expected to join this panel. You will get a chance not only to hear them but also interact with them to find answers to your queries

YOU CAN UNDERSTAND GROUND REALITIES IN DIFFERENT REGIONS

In the post lunch session on Day 1, you would have the chance to understand the region specific developments in last 4-5 years, current situation, critical issues and outlook for coming years. Dr Edwin Basson Director General of Brussels based World Steel Association would chair this session, where Mr VB Garg Head Export Network & Sales of ArcelorMittal International would present the global scenario, Mr Wu Wenzhang President of Shanghai SteelHome Chinese scenario, Mr Manoj Mohata Head of CRISIL Research Indian scenario and Mr Udino Giannini former CEO of ArcelorMittal Italy would talk about European situation. This would be followed by similar presentations on CIS by Mr Dmitriy Sorokin Head of Strategic Planning Department of Severstal Group, on MEA by Dr Hilal Hussein Tuwairqi Chairman of Al-Tuwairqi Group & Chairman Director of Arab Iron and Steel Union, on SEA by Mr Fazwar Bujang Chairman of Indonesian steel mill PT Karkatau & Chairman of South East Asia Iron and Steel Institute and on Latin America by noted expert by Prof Germano Mendes de Paula Professor of Economics at Federal University of Uberlandia in Brazil.

STEEL DEMAND DRIVERS IN INDIA - VIEW FROM USER SEGMENTS
The Day 2 will cover the steel demand drivers deciding the health of Indian steel sector. A senior person from Planning Commission is invited to share the overall plans for next 4-5 years as the government vision & investments will propel the steel demand in India.

Than most part of Day 2 shall be spent in understanding some of the important steel user segments as their health and growth would outline the prospects for Indian steel. You would agree that it is essential to look deeply in the current situation as well as outlook for important steel user segments to gauge the prospects for steel demand in India.

Some of the prominent and noted experts like Mr VK Mehta Director Sales & Marketing of JSPL, Mr Shoeb Ahmed Former Director Commercial of SAIL & Chairman of Impetus and Dr AS Firoz Chief Economist of Economic Research Unit of Steel Ministry would chair these sessions for meaningful outcome. The plan is to cover following user segments, subject to confirmation from few speakers who have been invited

1. Construction, Infrastructure & Housing
Mr SM Roy, CEO Construction, Lanco Infra (I)
Mr Kishore Mohanty CEO, Gammon Infra (I)

2. Auto
Mr SK Gupta, GM, Supply Chain, Maruti Suzuki (C)
Mr ND Joshi, TATA Motors (C)
ACAMA (I)

3. Capital Goods & Machinery
IMTMA (C)

4. Power & Power Transmission
Mr Trilok Singh, DGM Corporate Planning, NTPC (C)
Mr BS Pandey, Executive Director, HVDC, QA&I, PGCIL (C)

5. Railways
Railways Board (I)
Mr Sunil Rishi, MD, Braithwaite (C)

6. Pipeline (I)

7. Prefabricated Steel Structures
Mr Anshul Singhal, Director, JSW Severfield Structurals Ltd (C)

8. Packaging
Mr Sanjay Bhatia, Managing Director, Hindustan Tin Works Ltd (C)

9. High Strength Steels
Mr Jitendra Patel, Consultant & Managing Director, CBMM (C)

10. Special Steel
Mr Jayant Sathe, ED, JSW Salem Works (C)

11. Stainless Steel
Mr Yatinder Pal Singh Suri, Country Head, Outokumpu India Pvt Ltd (C)

YOU CAN GET EXPERT VIEW ON CRITICAL ISSUES & CHALLANGES
The conference would end with a session "Critical Issues & New Challenges" Indian steel sector is facing with Mr UK Mittal Former Director of SAIL as session chairman. While Mr Sushim Banerjee Director General of INSDAG would address how to increase "Consumption in Rural Areas", Mr AK Pandey ED CRMG SAIL would talk about "Raw Material Security". A noted expert has also been invited to outline the hurdles in "Project Implementation".

YOU WOULD GET TO NETWORK WITH

A&T Mineral Exports Co
ABCO Steel International Pvt Ltd
ACAMA
Acerinox India Pvt Ltd
ACG Worldwide
AK Multi Metals
Al Tuwarqi Holding Company
All India Induction Furnaces Association
Anglo American Service (India) Pvt Ltd
Arab Iron and Steel Union
ArcelorMittal India
ArcelorMittal International
Ashok Steel Tubes
Balaji Bright Engg
Bhagyalaxmi Rolling Mill Pvt Ltd
BHEL
Bhushan Steel Limited
Braithwaite
Builders Association of India
CARE
CBMM
CBMM Technology Suisse and International Metallurgy Ltd
Concast Group
Coutinho & Ferrostaal GmbH
CRISIL Research
Dhamm Steel Service Pvt Ltd
Digi Drive
Dinesh Trading Company
Dongbu India Pvt Ltd
Eclat Energy Pvt Ltd
EMR India
Ernst and Young
ERU Ministry of Steel
Essar Steel
Execution Noble
Far Eastern Group
Federal University of Uberlandia
Ferro Tech India
Gammon India
Gaurishankar Electrocastings (P) Ltd
Glencore India Pvt Ltd
Global Impex Company
Global Supply Chain Guru
Godrej & Boyce
Hindustan Tin Works Ltd
Hinustan Steel Construction Limited
Impetus Exim Pvt Ltd
Indian Steel & Metal Corporation
INSDAG
Interfer Steel and Commodities Pvt Ltd
Iron Steel Scrap & Shipbreakers Assn
ITI India
J G Steelk Ind
Jamna Auto Industries
JCO Gas Pipe Limited
JP Morgan
JSPL
JSW Ispat
JSW Severfield Structurals Ltd
JSW Steel
Kalpataru Limited
Kalyani Carpenter Special Steels Ltd
KazStroyService Infrastructure India
Khandelwal Agencies
Kibar Dis Ticaret
Kirby Building Systems India Limited
Kobelco Trading India Pvt Ltd
Lakhotia Brothers
Macsteel International
Manaksia Limited
Marathwada Auto Components Pvt Ltd
Marubeni Itochu Steel India Pvt Ltd
Maruti Suzuki
Mather and Platt Pumps Ltd
Mayur Steels
Metal Expert Group
Metinvest Group
Metso Minerals India Pvt Ltd
Minera Steel and Power Private Limited
Monnet Ispat & Energy Limited
Motilal Oswal Securities
Mundra Port & Special Economic Zone
Narendra Chaudhary Consultancy
Narindra and Narindra steel Corporation
National Steel and Agro Industries
NCDEX
Neeraj Jain & Co
NMDC
Outokumpu India Pvt Ltd
Paul Wurth
Planning Commission
Power Grid Corporation Of India
Radhey Raman Steel Supplier
Radial Europe Ltd
Ramky Enviro Engineers Ltd
RINL
S & S Network System
Safin Gulf SZCO
SAIL
SAIL BSP
Samarco
Samshi
Sapna Traders
Saurabh Poly Pipe pvt ltd (jsw)
Seven Seas Ispat
Severstal Group
Severstal International
Shanghai SteelHome
Shenzhen Sunrich Machinery Co Ltd
South East Asia Iron and Steel Institute
SSS Loha Marketing Pvt Ltd
Standard Chartered
Steel Grace India Pvt Ltd
Steel Services india
Steelcom India Pvt Ltd
Steelcom S A M Monaco
Stemcor
Strategic Analysis India Pvt Ltd
SunCoke Energy
TATA International Limited
Tata Johnson Controls Automotive Ltd
TATA Steel
TATA Steel Processing and Distribution
Team Steel
Tempel Precision Metals Products Pvt Ltd
Topworth Group Of Companies
Trafigura India Pvt Ltd
Traxis India
Vikas Projects Pvt ltd
Worldsteel Association
Wudpools Export

YOU CAN REGISTER AS DELEGATE NOW!!!!
You pay only Rs 18,000 to join this mega event.
You are illegible for group discount

Registration fee includes Conference Documentation, Lunches, Cocktails & Dinner and Refreshments only. It also includes ST.

Send mail
abhilasha.bahadur@globalbusinessconnect.org
iha.jain@globalbusinessconnect.org
ism12@globalbusinessconnect.org
Or call
Ms Abhilasha at +9810771293
Ms Iha Jain at +9582080801
Board: +91 124 4048993

Source - Global Business Connect

(www.steelguru.com)

Tuesday, November 29, 2011

Google scraps renewable energy cheaper than coal initiative

Google is in the midst of some, as they call it, spring cleaning out of season. They are shutting down a number of projects that haven’t quite hit the mark the way they had hoped.

Unfortunately for the environment, Google’s four year long “Renewable Energy Cheaper than Coal RE” project is in the trash bin. The original premise was to invest in solar technology with the hope of driving down the price of renewable energy. Now, the technology powerhouse has decided that others are in a better position to continue the work. As they wrote on their blog, Google published their results “to help others in the field continue to advance the state of power tower technology, and we’ve closed our efforts.”

This doesn’t mean that they are turning their backs on all things green. They reported on the blog, “We will continue our work to generate cleaner, more efficient energy including our on campus efforts, procuring renewable energy for our data centers, making our data centers even more efficient and investing more than USD 850 million in renewable energy technologies.”

Other projects to bite the dust include Google Wave, Google Friend Connect and Google Search Timeline.

(Sourced from www.ecorazzi.com)

Blastcrete Equipment introduce new mine mate machine


Blastcrete Equipment has introduced the Mine Mate, designed to mix and pump concrete material for underground mine sealing and stabilisation, grouting and various other shotcrete applications. The Mine Mate is a convenient solution when ready-mix concrete is not an option. Featuring Blastcrete’s X-10 ultra-high pressure swing tube pump, it is a highly productive and reliable machine that’s also easy to operate and maintain.

The Mine Mate uses the wet-mix shotcrete process. It was created at the request of several customers seeking a machine to apply shotcrete in underground coal applications. In contrast to the dry shotcrete (gunite), the wet shotcrete process minimises dust emissions and improves visibility making it much safer, particularly for underground use. Of compact configuration, the Mine Mate is designed for operation within a 1.2 m ceiling.

Read More

Tuesday, November 8, 2011

Trafigura to boom as giant Mongolia awakens


Trafigura Beheer BV plans to expand in Mongolia to deliver more iron ore, coal and copper to the China market.

Mr Mikhail Zeldovich head of Trafigura’s Russia and Mongolia unit said that it secured its first iron ore and coal supply agreements in the country in the past few months. Talks on more accords are in progress and Trafigura’s first Mongolian tin shipment is due this week.

Mr Zeldovich said that “In all commodity businesses I anticipate strong growth and in the bulk commodities of coal and iron ore I am targeting a multiple of what we already have. We very much see Mongolia as a sleeping giant of resources that’s now beginning to awaken.”

According to Ulan Bator based Trade and Development Bank, Mongolia in June surpassed Australia as the biggest seller of coking coal to China and total exports are due to rise by 65% this year. Rio Tinto Group will begin commercial output from the Oyu Tolgoi mine in 2013 a deposit in central Mongolia that it says is one of the biggest untapped sources of copper and gold.

A mining boom in the world’s most sparsely populated nation promises the greatest influx of wealth for Mongolia since Genghis Khan conquered most of Europe and Asia in the 13th century. Economic growth may surge to 23% in 2013 more than twice the forecast expansion in China, as mining projects begin production, the International Monetary Fund said in April.

Mr Zeldovich said that last year, Amsterdam based Trafigura provided more than USD 40 million in financing to help start production at a lead and zinc mine in eastern Mongolia in exchange for an off take accord. The trader has also invested in a trucking company in Mongolia to transport coal from producers including Mongolyn Alt Group to China. It ranks among the top three sells of copper in Mongolia.

Read More

Coal extraction in Bangladesh from proven reserve unlikely within 2 yrs


Experts said that commercial extraction of the country's proven coal reserve is unlikely to start, at least within the next couple of years, despite the desperate national needs for use of this fossil fuel to generate electricity.

According to them, the government's target to generate 20,000 MW power by 2021 would be difficult to achieve without the use of coal, as the cost of petroleum oil as an alternative source of fuel for electricity generation, remains high.

A parliamentary standing committee on the ministry of energy recently made its recommendations in favour of open-pit mining for extraction of coal. However, the authorities concerned are still waiting for a detailed report from a newly-formed expert committee.


The 15 member expert committee, headed by former Petrobangla Chairman Mosharraf Hossain is expected to submit its detailed report, by February next.

However, a detailed study on various aspects including comparative problems and prospects of both open pit and underground mining, may take a longer time.

Bangladesh has five coal fields in the northern region, comprising Barapukuria, Phulbari, Khalaspur, Dighipara and Jamalganj with a total estimated reserve of more than 3.0 billion tonnes, officials of the ministry of power, energy, and mineral resources said.

The committee will consider the geological structure, depth, aquifer, financial and environmental impacts of the coalmines to recommend appropriate mining method for each of them, a senior energy ministry official said.

The committee will also estimate the expected financial loss to be faced by the people around the coalmines and subsequent compensation to be given to them by the government.

Prof. Mohammad Hussain Mansur chairman of Petrobangla told the FE that "To have details on various subjects and aspects, the committee may take more than the stipulated time.”

The Petrobangla chief said that "The authorities concerned will have to perform a huge task of removing and rehabilitating the affected people, even before the start of any mining operation.”

Prof. Mansur said that "Simultaneously, the authorities will also need to set up coal-fired power plants so that the extracted coal can be utilised; otherwise, there may be accidental fire causing an extensive damage.” He added that "Coal stocks often cause disasters by catching fire.”

He said preparations for coal mining, including rehabilitation of the affected people, setting up of power plants simultaneously, will be a tough task for an impoverished country like Bangladesh.

(Sourced from FE)

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