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20-Nov
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20-Oct
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20-Nov
YoY
INDSPI
6469
6473
Down
6479
6728
7656
ILPPI
5832
5832
Same
5812
6044
7664
IFPPI
7169
7177
Down
7211
7479
7648
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19-Nov
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5875
5867
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5722
5963
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5998
5988
Up
5930
5639
4745
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5945
5939
Up
5929
5675
5273
17-Nov
16-Nov
10-Nov
WoW
18-Oct
MoM
17-Nov
YoY
MLPPI
3600
3600
Same
3600
3695
4877
MFPPI
5061
5061
Same
5061
5214
6867
MEASPI
4042
4042
Same
4042
4155
5480
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Indian long product prices have hit the bottom
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Sunday, 22 Nov, 2009
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Deadly explosion kills 87 in Xinxing Coal Mine in Hegang

Xinhua reported that the death toll from a gas explosion in a coal mine in Hegang City in northeast China's Helongjiang Province has risen to 87, with 21 other miners still trapped.

As per report, the whereabouts of eight of the trapped miners have been located in the pit.

A total of 528 miners were working underground at the time of the blast at around 2:30 AM on Saturday. Among them, 415 have escaped the accident.

(Sourced from China Daily)

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Image001-16-11-2009
Burj Dubai surpasses all

Featured Article

The CN Tower in Toronto, Ontario was the world's tallest freestanding structure on land from 1975 until Burj Dubai surpassed it in 2007. Rising 553.33 meters (1,815 ft), it is currently the world's tallest completed freestanding structure on land. The tallest man made structure is Burj Dubai, a skyscraper under construction in Dubai that reached 818 m (2,684 ft) in height on 17 January 2009. By 7 April 2008 it had been built higher than the KVLY-TV mast in North Dakota, USA, which is still the tallest completed structure at 628.8 meters (2,063 ft).

Interviews and views
Iron ore mines should be with Steel Ministry

Mr Virbhadra Singh union steel minister during an interview with Ms Sreelatha Menon of Business Standard, while addressing several iron ore mining issues effecting the development of Indian steel industry asserted that after mines are exhausted, the land should be returned to the original owners.

The steel and mining related portion of the interview is as under

Q - Why were steel and mining split into separate portfolios?

A - It is the prerogative of the government. I feel, for administrative reasons, making these one will facilitate decision-making. At least iron ore mines should be with the steel ministry.

Read More 		Iron ore mines should be with Steel Ministry_html_m3f3ffc37-ca2c6ec2be-1258385900
Mr Virbhadra Singh
Union Steel Minister
India
 
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 Currency Rate
22 Nov, 2009
USD
1.0000
AUD
1.0937
BRL
1.7315
CAD
1.0698
CNY
6.8287
EUR
0.6729
GBP
0.6058
INR
46.5500
JPY
89.0100
RUB
28.8554
ZAR
7.5890
Source: http://www.xe.com
 
 Metal Rates
19 Nov, 2009
Zn
2204
Ni
16900
Sn
15050
Al
2002
Cu
6760
Source: LME.co.uk
 
 Baltic Dry Index
20 Nov, 2009
BDI
4507
BCI
7542
BPI
4424
BSI
2487
Source: DryShips.com
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