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Yogyata Vikas

 

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Daily Pour

 

 

Date : 26/04/2017    Issue No. : 1303/16-17

Compiled By :   Shyamal Aroskar, Asst. Dir.-WR 

                            B.Ramchandran, Chennai 

_________________    

 

 

IIF News

 

An IIF Initiative - Yogyata Vikas

 
A unique training programme for foundry workmen in English, Hindi, Tamil, Telugu, Kannada, Marathi, Gujarati and Bengali.
Improve skill levels to improve competitive edge   
 
Yogyata Vikas is a unique initiative of The Institute of Indian Foundrymen focussing on skill development of the foundry workmen. It is a programme exclusively designed to impart technical knowledge with practical orientation to foundry workmen
 
This pan-India training will be carried out by well-experienced trainers with a foundry background, selected from different locations of India.
 
Important topics were selected and developed into 10 modules which give an insight into the technical information, right processes, systems and procedures with the ultimate aim of improving quality and productivity at foundries.
 
To reach the workmen effectively, training will be carried out in the vernacular with the training material translated into respective languages.
 
Initially the training programmes are available in Tamil, Telugu, Kannada, Hindi, Marathi, Gujarati and Bengali. Translations in other Indian languages will be done when required.
 
These are on-site programmes and shall be scheduled at the convenience of foundries. Training modules can be customised to suit specific requirements of the foundry, in which case the trainer will visit the foundry, prior to the day of the training to acquaint himself or herself with the process and machineries in the foundry.
 
IIF is committed to train more than 1000 workmen in year 2016, more than 5000 workmen in year 2017 and to conduct the training on a continual basis with an aim to cover most of the foundry workmen in Indian foundries.
 
IIF invites Indian foundries to utilise these programmes to upgrade the skill level of their employees to improve their competitive edge in the domestic and global market.
 
Please see the attached brochure for more details
 
 
With Regards
 
 
Shyamal Aroskar

Asst.Director IIF-WR

09323596953

 

 

Thought of the Day

 

 

News Letter Supported By

                                            

  

                                                 

 

                                     

 

 

         

 

       

 

                    

 

          

 

Today's Top Raw Materials Headlines

 

*** Indian steel scrap prices in stalemate


*** India likely to overcome Japan as second largest Steel producing country

*** Europe: FeSi prices rise

*** Cu: Demand sustains EU premiums despite abundant supply

*** Cu: EU scrap prices edge lower on higher supply

*** Europe nobles: Molybdenum prices slip further

*** US minor metals: Tight supply lifts bismuth

*** India bulk alloys: Mn alloy prices fall, Fe.silicon stable

*** India noble alloys: Prices steady amid weak demand

*** Chinese ferromolybdenum prices down

*** Chinese nickel cathode price decreases sharply

 

Raw Material News

 

China’s Pollution Crackdown Gives Aluminum a Bump

Pollution is helping the price of aluminum to thrive.The metal has defied the recent selloff in copper, lead and other industrial metals, in anticipation of a Chinese clampdown on pollution
 
***
US rebar exports fall for Feb

It is reported that United States rebar exports in this February totaled 14,144 tons, dropped by 18.6% compared with previous month and down by 18.6% compared with the same period of last year.

Among them, the country’s main rebar exports was to Canada, totaled 12,120 tons which dropped by 3,060 tons compared with previous month and dropped by 1,903 tons compared with the same period of 2016


***
China bulk alloys: Prices fall on weak spot demand
 
Low buying interest for spot alloy from steel mills continued to weigh on the market, with ferro-manganese and ferro-silicon suppliers cutting their offer prices
 
***
Industry News

 

7-8 percent growth 'absolute normal' for India

Finance Minister Arun Jaitley on Monday said India will continue to grow at 7-8 per cent rate, an 'absolute normal' for the nation under the current global environment.
 
Jaitley said as far as the economy is concerned, all the decisions taken by the Modi-Government are consistently in one direction.

"The aspirational class in India has become very large and therefore, through the decision making of the government there is a popular support. Election results have indicated that.

"Most important decisions as a result of this pressure of public opinion are also finally resulting in decisions with larger political support," said the minister who is on an official visit here.

"My own impression of the Indian economy today is that under the current global environment, certainly the 7-8 per cent range is the absolute normal that we have.

"All our economic parameters in terms of fiscal prudence, fiscal deficit, current account deficit, inflation control, I think the figures have been quite encouraging. They have never been so good as far as India is concerned," he said while speaking at the Council on Foreign Relations.

India continues to be the world's fastest growing large economy. The country is likely to register a growth of 7.4 per cent in the current fiscal.

Jaitley also said if global growth picks up, then "we are quite capable of improving on our present normal and then creating a new normal".

The finance minister added that at least for the next two decades India needs high growth to reduce poverty
 
***
 
India likely to overcome Japan as second largest Steel producing country

India's Steel production during the month of March this year increased 8.2 percent to 9 million tons, which is highest among the major producing countries. The world's average production increased by4.6 percent during March.

India's Steel production during the first three months of this year surpassed others by a humongous 10.7 percent to 25.76 million tons growth. During the same period, the global Steel production was seen increased by 5.7 percent to 410 million tons.

If this current trend follows, India will soon emerge as the world's second largest Steel producing country, overcoming Japan, while China tops the list. China produced about 201 million tons of Steel during the January-March period.

India's finished steel products output is likely to reach 88.6 million tonnes in the current year, registering an increase of 5.7 per cent. India produced about 83.5 million tons of finished Steel products last year, as per World Steel Association. It is estimated that by 2018 India's finished Steel output will increase to 94.9 million tons
 
***
Life Style & Management

 

LIFE AFTER 60


Life can begin at 60, it is all in your hands! Many people feel unhappy, health-wise and security-wise, after 60 years of age, owing to the diminishing importance given to them and their opinions. But, it need not be so, if only we understand the basic principles of life and follow them scrupulously. Here are ten mantras to age gracefully and make life after retirement pleasant.


1. Never say I am aged' :

There are three ages, chronological, biological, and psychological. The first is calculated based on our date of birth; the second is determined by the health conditions; the third is how old we feel we are. While we don't have control over the first, we can take care of our health with good diet, exercise and a cheerful attitude. A positive attitude and optimistic thinking can reverse the third age.


2. Health is wealth:

If you really love your kith and kin, taking care of your health should be your priority. Thus, you will not be a burden to them. Have an annual health check-up and take the prescribed medicines regularly. Do take health insurance coverage.


3. Money is important:

Money is essential for meeting the basic necessities of life, keeping good health and earning family respect and security. Don't spend beyond your means even for your children. You have lived for them all through and it is time you enjoyed a harmonious life with your spouse. If your children are grateful and they take care of you, you are blessed. But, never take it for granted.


4. Relaxation and recreation:

The most relaxing and recreating forces are a healthy religious attitude, good sleep, music and laughter. Have faith in God, learn to sleep well, love good music and see the funny side of life.


5. Time is precious:

It is almost like holding a horses' reins. When they are in your hands, you can control them. Imagine that everyday you are born again. Yesterday is a cancelled cheque. Tomorrow is a promissory note. Today is ready cash. Don’t say digitised….
 
***
Jokes All the Way

 

Only Cash & CC

When a fellow called a motel and asked how much they charged for a room,
the clerk told him that the rates depended on room size and number of people.
"Do you take children?' the man asked.
"No, sir" replied the clerk. "only cash and credit cards."
 
***
 
Position of a Husband

Is just like a Split AC…
No matter however Loud he is in the Outdoor,

He is designed to remain Silent in Indoor. 

 

The Institute of Indian Foundrymen   

 
 Western Region

706, Madhava, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051

Phone : +91-22-2659 1308, 2659 1303, email :  wr@indianfoundry.org 

  

  

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