COMMENT :
Indian metal on a roll, significant capacity additions with production increase at an emphatic CAGR
Global demand for aluminium is on a rise, due to the increasing diversity of aluminium applications and the important contribution of its products to modern life. Along side aluminium fabrication industry has become vital to the global economy, as international consumption of the metal has grown immensely in the past few decades.
SPECIAL COVERAGE
Automation boom augurs well for indian metals industry
Indian automation sector is poised for big times, especially at a moment when the metal industry of the nation is staking its rightful claim in the emerging global economy. It is worthwhile to pause and take note of the stages of development of this once flourishing industry that is growing leaps and bounds at a rate of 20% to 25% annually.
IN FOCUS
China's US$651 mn Indian alumina JV set to go on stream?
Talking about the white metal and that too without the mention of the 'hungry dragon' at least once, is something, weirdly impossible in today's world, when all the 'Alcoa's' and 'Alcan's' and 'Hindalco's' and 'Rusal's' are trying their heart (or rather wallet) out to make their presence feel as the top dog in the global corporate pecking order while one nation still stands out as the major market driver - China.
NEWS CORNER
- Alcoa bangs on Alcan with a mammoth $33 bn hostile bid.
- Alcan enters pact with Ma'aden to develop $7 bn aluminium project in Saudi Arabia.
- Hydro mulls $4.5 bn investment in Qatar 585,000 tonne aluminium smelter.
- BHP Billiton acquires 33.3% stake in global Alumina's Sangaredi Refinery.
- Copper Bioleaching helps Escondida's Q1 output to creep up 17.5%.
- BHP Billiton pushing for record output.
- Codelco bedazzles over brilliant 1Q07 output, profit and sales.
- Hydro inks MoU with Australia's UMC for bauxite & aluminium operations.
- Yunnan targets Australian non ferrous mines to satiate China's growing appetite.
- BHP Billiton & Rio Tinto shares go up on merger speculations.
- Albidon's Munali nickel project set to roll - $60 million financez approved finally.
- Mincor to acquire GMM for $68.5 million.
- Fox inks zinc pact with China's Sinosteel.
- HCL boosts prices.
- Bullish metal market propels Hindalco Q4 net up 15% at Rs721 crore.
- Nalco to raise over $250 million through ECB to fund expansion programme.
- Higher volumes and firm realisations drive HZL's revenues up by 205%.
- Sterlite plans to raise $2 bn for power plant in US.
COMPANY PROFILE
Successful de-bottlenecking steadily ramping up, contributing towards additional volumes
Sterlite Industries India Limited (SIIL) is journeying towards destiny showing signs of brighter future with improving its profit level in every quarter. SIIL's Q4 FY 2006-07 net zooms at 51% to Rs. 1718 crore. Consolidated revenues was Rs. 6252 crore, an increase of 23% over the corresponding prior period during the quarter.
METAL NEWS
Insatiable Chinese demand buoys global copper markets, the rally continues
Having recovered from the concerns over a transitory dimming US economy and a possible Chinese cool down, the red metal price rally is again back on track. Supply disruptions in Indonesia and Argentina are also helping fuel the price rally.
ECT™ [Endless Copper Tube] process Danieli Centro Maskin technology
Main feature of an ECT process based production unit is the combination of advanced technologies, from liquid metal through conticasting, rolling and drawing in a single compact plan. Major innovations within the process are the use of the 4-roll planetary mill (instead of the traditional 3-roll system) and the combined operation of the chain track drawing lines.
REFRACTORY
Effect of MgO addition on sintering and improvement of hydration resistance
Metallurgical industries have been developed at an outstanding speed recently, with the yield of rude steel of 230 million tonnes in China in 2003, which provides a huge space for development of the high performance refractories.
TECHNOLOGY FOCUS
Strengths & weaknesses of aluminium and special steel for various applications
Aluminium and its alloys are well known for their light weight, high strength to weight ratio, excellent corrosion resistance, high electrical conductivity, increased thermal conductivity, non-toxicity, good reflectivity, attractive appearance, non-magnetic nature and so on making it a versatile one for suitability in various applications.
Aluminium extrusions in India - a concept for sustainable use of materials
A considerable increase in demand for aluminium can be expected, given the prospects for economic development in India in the coming decades. Estimation of the build up of aluminium material in production and use in the next 50 years indicates that more than 100 million tonnes of metal must be supplied to the Indian market and manufactured to finished products.
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IRON & STEEL REVIEW
