Posts by India Report:

Copper remains up on increased industrial demand

Copper prices moved up by Rs 2 per kg in the local non-ferrous metal market today due to increased industrial demand amid a firming trend at the London Metal Exchange. Traders said increased industrial demand and reports of a rising trend in overseas...
India Report | October 22, 2011 | 11:06 am

Silver futures trade higher on global cues

New Delhi, Oct 7 (PTI) Silver prices shot up by Rs 580 to Rs 55,175 per kg in futures trade today as speculators enlarged their positions in tandem with a firming trend in Asian region. At the Multi Commodity Exchange, silver for delivery in March shot...
India Report | October 7, 2011 | 3:37 pm
coal mining

Griffin Coal to generate up to $160 mn in revenue in FY’12

Griffin Coal, which was acquired by Lanco Group early this year, may generate revenues of up to USD 160 million this fiscal, according to a senior company official. The miner may produce coal up to 4 million tonnes during the March, 2011-March, 2012, period, the Lanco Group official said, requesting anonymity.
India Report | September 25, 2011 | 6:52 pm

Copper, nickel remain weak on reduced industrial demand

Amid a weakening trend overseas and sluggish local demand, copper and nickel prices fell further by Rs 5 per kg in the local non-ferrous metal market today. In the national capital, copper wire scrap, copper wire bar and copper mixed scrap remained under
India Report | August 6, 2011 | 10:09 am