Category Archives: Meetal & Scrap

May 26, 2020

Recycling industry says scrap cargo stuck at ports

Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government last month asked India’s all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June besides waiving rentals in proportion to the...

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May 25, 2020

NCDEX commences trading in India’s first agri futures index

National Commodity and Derivatives Exchange (NCDEX) on Wednesday announced the commencement of trading in the country’s first agri futures index NCDEX AGRIDEX. The NCDEX AGRIDEX futures contracts expiring in the months of June 2020, July 2020, September 2020 and December 2020 shall be available for trading from May 26,...

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May 18, 2020

Facet Precision Tool Comments on Why Building a Team

Jeremy Bunting, Managing Director of Facet Precision Tool grew up in the cutting tool industry, getting a hands-on education from a young age and then using this experience to start his own business. From laying out a brand-new manufacturing centre; to shaping and promoting Facet’s reputation; to training up...

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May 10, 2020

Recycling Metal Scrap is a Challenge or an Opportunity?

Recycling metal scrap poses challenges but presents opportunities as well. Globally the metal scrap industry is worth $500 billion which is more than twice as large as the Indian IT industry. While the Indian IT industry has been responsible for integrating the Indian economy with the global economy and...

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May 9, 2020

The land of steel: a quick overview of the metal recycling

India has a history of being a strong exporter of iron and steel, but increasing investments in infrastructure, driven by urbanization, have increased domestic demand and changed the situation. The amount of steel and iron is increasing in the country, and the steps toward a circular economy have been...

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May 12, 2018

Agri commodities: Soybean, soya oil futures slip on

On the National Commodity and Derivatives Exchange, soybean contracts for May delivery ease by Rs 10, or 0.26 per cent, to Rs 3,766 per quintal with an open interest of 71,985 lots. Soybean for June delivery went down by Rs 8, or 0.21 per cent, to Rs 3,726 per...

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