SIAM

Commodity Prices
SIAM Monthly Monitor

SIAM

December 2016
Commodity Prices: Monthly Monitor SIAM

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Commodity Prices: Monthly Monitor SIAM

Disclaimer

“SIAM Monthly Monitor-Commodity Prices” is an initiative of SIAM Sourcing Group which

provides information on price trends of various commodities which may influence the
automobile industry. The group of commodities include: Iron & Steel, Non-Ferrous
Metals, Polymers and Rubber. It also contains information on international prices of
crude petroleum, banking & lending rates, foreign exchange rates and policy related
developments.

The data sources are selected based on the advice of the industry experts, Sourcing
Heads of OEMs.

This endeavor is aimed at providing compilation of the price movement of the key
commodities for strategic decision making and not meant for influencing commercial
transactions.

The information and data have been compiled with care and accuracy. Neither SIAM nor
any of its employees is liable for errors or any consequences arising from use of this
document.

Society of Indian Automobile Manufacturers (SIAM)

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Commodity Prices: Monthly Monitor SIAM

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Commodity Prices: Monthly Monitor SIAM

Content

A. Iron & Steel …. 6

B. Non-Ferrous Metals …. 15
C. Polymers …. 24
D. Rubber …. 28
E. Crude Petroleum ..... 34
F. Other Rates …. 36

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Commodity Prices: Monthly Monitor SIAM

A. Iron & Steel

6
Commodity Prices: Monthly Monitor SIAM

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Commodity Prices: Monthly Monitor SIAM
HR Steel
Rs/tonne Movement of HR Steel Prices 2015-16 2016-17
45000

40000

35000

30000

25000

20000

15000
April May June July August September October November December January February March

Commodity HR Steel
Month-Year Rs/tonne
Dec-15 32000-33000
Jan-16 32000-33000
Feb-16 33500-34500
Data Source: CRISIL

Mar-16 34500-35500
April-16 35500-36500
May-16 36500-37500
June-16 35500-36500
July-16 34500-35500
Aug-16 35500-36500
Sept-16 37500-38500
Oct-16 39000-40000
Nov-16 39000-40000
Dec-16 42000-43000

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Commodity Prices: Monthly Monitor SIAM
CR Steel (D)
Movement of CR Steel (D) Prices
2015-16 2016-17
60000
55000
50000
45000
40000
Rs/ tonne

35000
30000
25000
20000
15000
10000 April May June July August September October November December January February March

Commodity CR Steel (D)

Month- Year Rs/tonne
Dec-15 35750-36750
Jan-16 35750-36750
Feb-16 37250-38250
Data Source: CRISIL

Mar-16 38250-39250
April-16 39250-40250
May-16 40250-41250
June-16 39250-40250
July-16 38250-39250
Aug-16 39250-40250
Sept-16 41250-42250
Oct-16 42750-43750
Nov-16 42750-43750
Dec-16 45750-46750

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Commodity Prices: Monthly Monitor SIAM
Alloy Steel (Forging) (20MnCr5)
Movement of Alloy Steel (Forging) - 20Mn Cr5 Prices
65000
2015-16 2016-17
60000

55000

50000
Rs/ MT

45000

40000

35000

30000

25000
April May June July August September October November December January February March

Commodity Alloy Steel (Forging) (20MnCr 5)

Month-Year Rs/tonne
Dec-15 54800
Jan-16 54800
Feb-16 54800
Mar-16 55467
April-16
Industry Source

56800
May-16 55975
June-16 53000
July-16 53000
Aug-16 53000
Sept-16 53000
Oct-16 57000
Nov-16 57000
Dec-16 57000

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Commodity Prices: Monthly Monitor SIAM
Alloy Steel (Forging) (EN 8)
Movement of Alloy Steel (Forging)-EN 8 prices
60000
2015-16 2016-17

55000

50000
Rs/ tonne

45000

40000

35000
April May June July August September October November December January February March

Commodity Alloy Steel (Forging) (EN 8)

Month-Year Rs/tonne
Dec-15 53800
Jan-16 53800
Feb-16 53800
Mar-16
Industry Source

54667
April-16 55800
May-16 54975
June-16 52000
July-16 52000
Aug-16 52000
Sept-16 52000
Oct-16 56000
Nov-16 56000
Dec-16 56000

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Commodity Prices: Monthly Monitor SIAM
Pig Iron (Gray Iron)
Movement of Pig Iron (Chandigarh Price)
45000
2015-16 2016-17
40000

35000

30000
Rs/ tonne

25000

20000

15000

10000 April May June July August September October November December January February March

Pig Iron (for Castings –

Commodity Gray Iron) Rs/ tonne
Dec-15 25100
Jan-16 25100
Feb-16 25625
Mar-16 26600
April-16 26600
May-16 28000
Data Source: MMR

June-16 28075
July-16 24740
Aug-16 24500
Sept-16 27180
Oct-16 31450
Nov-16 28500
Dec-16 28700

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Commodity Prices: Monthly Monitor SIAM
Stainless Steel (G 304 CR Coil)
Movement of Stainless Steel-G 304 CR Coil Prices 2015-16 2016-17

185000

165000
Rs/ tonne

145000

125000

105000
April May June July August September October November December January February March

Stainless Steel (G 304 CR Coil 2 mm)

Commodity Rs / tonne
Month-Year Rs/tonne
Dec-15 117450-127450
Jan-16 117450-127450
Feb-16 117450-127450
Data Source: CRISIL

Mar-16 117450-127450
April-16 117450-127450
May-16 121450-131450
June-16 121450-131450
July-16 121450-131450
Aug-16 133450-143450
Sept-16 133450-143450
Oct-16 137450-147450
Nov-16 149450-159450
Dec-16 159450-169450

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Commodity Prices: Monthly Monitor SIAM
Stainless Steel (G 304 HR Coil)
Movement of Stainless Steel (G 304 HR Coil) Prices 2015-16 2016-17
250000

230000

210000

190000
Rs/ tonne

170000

150000

130000

110000

90000
April May June July August September October November December January February March

Commodity Stainless Steel (G 304 HR Coil)

Month-Year Rs/tonne
Dec-15 118200-127600
Jan-16 118200-127600
Feb-16 115200-124600
Mar-16 115200-124600
Data Source: CRISIL

April-16 115200-124600
May-16 119200-128600
June-16 119200-128600
July-16 119200-128600
Aug-16 131200-140600
Sept-16 131200-140600
Oct-16 135200-144600
Nov-16 147200-156600
Dec-16 157200-166600

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Commodity Prices: Monthly Monitor SIAM
Steel Scrap (CRC Scrap – Rolling Mill End Scrap Price)
Movement of Steel Scrap (CRC Scrap RM) Prices 2015-16 2016-17
45000

40000

35000

30000
Rs/ tonne

25000

20000

15000

10000

5000
April May June July August September October November December January February March

Commodity Steel Scrap (CRC RM Scrap)

Month-Year Rs/tonne
Dec-15 20775
Jan-16 20880
Feb-16 21725
Mar-16 22935
April-16 22340
Data Source: MMR

May-16 22875
June-16 22500
July-16 21700
Aug-16 22100
Sept-16 23780
Oct-16 25200
Nov-16 25225
Dec-16 25640

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Commodity Prices: Monthly Monitor SIAM

B. Non Ferrous Metals

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Commodity Prices: Monthly Monitor SIAM
Virgin Aluminium
Movement of Virgin Aluminium Prices 2015-16 2016-17
1900

1800

1700

1600

1500
US $ tonne

1400

1300

1200

1100

1000 April May June July August September October November December January February March

Commodity Virgin Aluminium

Month-Year US $/tonne
Dec-15 1495
Jan-16 1495
Feb-16 1527
Data Source: LME

Mar-16 1536
April-16 1573.98
May-16 1568.68
June-16 1600.11
July-16 1640.33
Aug-16 1652.57
Sept-16 1603.48
Oct-16 1668.64
Nov-16 1733.27
Dec-16 1721.78

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Commodity Prices: Monthly Monitor SIAM
Copper
Movement of Copper Prices 2015-16 2016-17
12000

10000

8000
US $tonne

6000

4000

2000

0
April May June July August September October November December January February March

Commodity Copper
Month-Year US $/tonne
Dec-15 4631
Jan-16 4631
Feb-16 4592
Mar-16 4930
Data Source: LME

April-16 4835.69
May-16 4693.00
June-16 4636.61
July-16 4870.26
Aug-16 4771.05
Sept-16 4724.70
Oct-16 4749.71
Nov-16 5454.27
Dec-16 5674.70

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Commodity Prices: Monthly Monitor SIAM
Lead
Movement of Lead Prices 2015-16 2016-17
3100

2600

2100
US $ tonne

1600

1100

600 April May June July August September October November December January February March

Commodity Lead
Month-Year US $/tonne
Dec-15 1700
Jan-16 1699
Feb-16 1770
Mar-16 1809
Data Source: LME

April-16 1734.79
May-16 1714.90
June-16 1719.16
July-16 1842.38
Aug-16 1846.23
Sept-16 1947.95
Oct-16 2049.48
Nov-16 2191.14
Dec-16 2242..23

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Commodity Prices: Monthly Monitor SIAM
Nickel
Movement of Nickel Prices 2015-16 2016-17
30000

25000
US $tonne

20000

15000

10000

5000
April May June July August September October November December January February March

Commodity Nickel
Month-Year US $/tonne
Dec-15 8733
Jan-16 8733
Feb-16 8336
Mar-16 8740
Data Source: LME

April-16 8881.90
May-16 8727.25
June-16 8952.95
July-16 10284.29
Aug-16 10395.00
Sept-16 10230.45
Oct-16 10301.19
Nov-16 11178.41
Dec-16 11065.50

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Commodity Prices: Monthly Monitor SIAM
Zinc
Movement of Zinc Prices 2015-16 2016-17
2800

2600

2400

2200
US $ / tonne

2000

1800

1600

1400

1200

1000 April May June July August September October November December January February March

Commodity Zinc
Month-Year US $ / tonne
Dec-15 1540
Jan-16 1540
Feb-16 1708
Mar-16
Data Source: LME

1808
April-16 1860.55
May-16 1875.83
June-16 2027.11
July-16 2187.31
Aug-16 2281.11
Sept-16 2298.27
Oct-16 2322.17
Nov-16 2580.86
Dec-16 2688.45

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Commodity Prices: Monthly Monitor SIAM
Platinum
Movement of Platinum Prices 2015-16 2016-17
5000

4500

4000

3500
Rs/ gm

3000

2500

2000

1500

1000
April May June July August September October November December January February March

Commodity Platinum
Month-Year Rs/ gm
Dec-15 1852.82
Jan-16 1851.15
Feb-16 2024.29
Data Source: Johnson Matthey

Mar-16 2094.30
April-16 2131.20
May-16 2245.15
June-16 2142.06
July-16 2360.86
Aug-16 2435.13
Sept-16 2260.90
Oct-16 2071.49
Nov-16 2090.85
Dec-16 2091.33

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Commodity Prices: Monthly Monitor SIAM
Palladium
Movement of Palladium Prices 2015-16 2016-17
2100

1900

1700

1500
Rs/ gm

1300

1100

900

700

500

Commodity Palladium
Month-Year Rs/ gm
Dec-15 1191.99
Jan-16 1085.89
Feb-16 1115.46
Data Source: Johnson Matthey

Mar-16 1223.18
April-16 1233.19
May-16 1257.66
June-16 1202.21
July-16 1399.99
Aug-16 1517.35
Sept-16 1474.08
Oct-16 1407.46
Nov-16 1519.56
Dec-16 1556.40

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Commodity Prices: Monthly Monitor SIAM
Rhodium
Movement of Rhodium Prices 2015-16 2016-17
4000

3500

3000
Rs/ gm

2500

2000

1500

1000
April May June July August September October November December January February March

Commodity Rhodium
Month-Year Rs/ gm
Dec-15 1466.03
Jan-16 1406.42
Feb-16
Data Source: Johnson Matthey

1432.19
Mar-16 1523.70
April-16 1581.30
May-16 1488.99
June-16 1422.99
July-16 1401.33
Aug-16 1375.41
Sept-16 1446.28
Oct-16 1481.45
Nov-16 1708.54
Dec-16 1713.33

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Commodity Prices: Monthly Monitor SIAM

C. Polymers

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Commodity Prices: Monthly Monitor SIAM
Poly Propylene
Movement of Poly Propylene Prices 2015-16 2016-17

115

105

95
Rs/ kg

85

75

65

55
April May June July August September October November December January February March

Commodity Poly Propylene

Month-Year Rs/ kg
Dec-15 75.09
Jan-16 72.36
Feb-16 74.28
Mar-16 82.79
April-16 86.98
Data Source: Reliance Ind

May-16 84.45
June-16 81.76
July-16 87.50
Aug-16 83.77
Sept-16 84.01
Oct-16 83.63
Nov-16 84.84
Dec-16 84.84

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Commodity Prices: Monthly Monitor SIAM
ABS
Movement of ABS Prices 2015-16 2016-17
300

250

200
Rs/ kg

150

100

50
April May June July August September October November December January February March

Commodity ABS
Month-Year Rs/ kg
Dec-15 195.60
Jan-16 195.60
Feb-16 197.00
Mar-16 201.60
April-16 204.00
May-16 211.60
Data Source: Lanxess

June-16 216.60
July-16 207.60
Aug-16 212.00
Sept-16 212.60
Oct-16 223.60
Nov-16 230.00
Dec-16 210.60

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Commodity Prices: Monthly Monitor SIAM
Poly Carbonate
Movement 2015-16 2016-17
Movement
300
of Poly of ABS Prices
Carbonate Prices
300

250

250

200
Rs/ kg
Rs/ kg

200
150

150
100

100 50
April May June July August September October November December January February March
April May June July August September October November December January February March

Commodity Poly Carbonate

Month-Year Rs/ kg
Dec-15 217
Jan-16 217
Feb-16 217
Mar-16 217
April-16 217
Data Source: Sabic IP

May-16 217
June-16 217
July-16 211.33
Aug-16 211.33
Sept-16 211.33
Oct-16 211.33
Nov-16 218.33
Dec-16 218.33

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Commodity Prices: Monthly Monitor SIAM

D. Rubber

29
Commodity Prices: Monthly Monitor SIAM
Natural Rubber (RSS 4)
Movement of Natural Rubber (RSS 4) Prices 2015-16 2016-17
300

250

200
Rs/ kg

150

100

50

0
April May June July August September October November December January February March

Commodity Natural Rubber (RSS 4)

Month-Year Rs/kg
Dec-15 102.80
Jan-16 97.80
Feb-16 93.55
Data Source: Rubber Board

Mar-16 108.12
April-16 130.62
May-16 130.76
June-16 133.75
July-16 141.77
Aug-16 138.50
Sept-16 121.42
Oct-16 116.92
Nov-16 122.14
Dec-16 133.70

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Commodity Prices: Monthly Monitor SIAM
Synthetic Rubber
Movement of Synthetic Rubber Prices 2015-16 2016-17
150
135
120
105
90
Rs/ kg

75
60
45
30
15
0 April May June July August September October November December January February March

Commodity Synthetic Rubber-SBR (1502)

Month-Year Rs/kg
Dec-15 83.54
Jan-16 82.75
Data Source: Industry Sources

Feb-16 85.54
Mar-16 99.31
April-16 106.66
May-16 110.65
June-16 103.73
July-16 102.83
Aug-16 99.86
Sept-16 103.94
Oct-16 128.64
Nov-16 132.19
Dec-16 141.26

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Commodity Prices: Monthly Monitor SIAM
EPDM
Movement of EPDM Prices 2015-16 2016-17
400

300
Rs/ kg

200

100

0 April May June July August September October November December January February March

Commodity EPDM
Month-Year Rs/kg
Dec-15 251.83
Jan-16 254.30
Data Source: Industry Sources

Feb-16 258.02
Mar-16 253.43
April-16 251.34
May-16 252.99
June-16 254.47
July-16 249.51
Aug-16 247.51
Sept-16 242.76
Oct-16 227.98
Nov-16 224.01
Dec-16 229.16

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Commodity Prices: Monthly Monitor SIAM
Carbon Black
Movement of Carbon Black Prices 2015-16 2016-17
150

130

110
Rs/ kg

90

70

50
April May June July August September October November December January February March

Commodity Carbon Black

Month-Year Rs/kg
Dec-15 91.30
Jan-16 82.68
Data Source: Industry Sources

Feb-16 82.68
Mar-16 82.68
April-16 66.23
May-16 66.23
June-16 66.23
July-16 72.94
Aug-16 72.94
Sept-16 72.94
Oct-16 81.65
Nov-16 81.65
Dec-16 81.65

*Carbon Black prices are available only on quarterly basis

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Commodity Prices: Monthly Monitor SIAM
Polybutadiene Rubber
Rs/tonne – Domestic Price 2015-16 2016-17
300000

250000

200000

150000

100000

50000

0
April May June July August September October November December January February March

Commodity Polybutadiene Rubber

Rs/tonne
Data Source: Industry Sources

Month-Year (Domestic Price)

Dec-15 91000
Jan-16 87400
Feb-16 89100
Mar-16 91000
April-16 107820
May-16 115920
June-16 117460
July-16 110660
Aug-16 112530
Sept-16 112870
Oct-16 122290
Nov-16 143860
Dec-16 144800

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Commodity Prices: Monthly Monitor SIAM

E. Crude Petroleum

35
Commodity Prices: Monthly Monitor SIAM
Crude Oil
2015-16 2016-17
160

140

120
Price in US$ / Barrel

100

80

60

40

20
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Europe Brent Spot Price FOB (Dollars

per Barrel)
Year/ Month 2015-16 2016-17
April 61.41 44.46
May 62.16 48.73
June 60.84 48.12
July 54.14 42.55
August 43.53 48.65
September 47.33 46.74
October 47.15 48.95
November 43.65 48.78
December 36.14 54.34
January 31.75
February 33.12
March 39.19

Data Source: Last Week Average Europe Brent Spot Price from Energy Information Administration, US
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Commodity Prices: Monthly Monitor SIAM

F. Other Rates

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Commodity Prices: Monthly Monitor SIAM
Banking Policy & Lending Rates
Rates Cash Reserve Ratio Bank Rate Base Rate
Data Source: Reserve Bank of India

Unit / Year Per cent Per cent p.a. Per cent p.a.
April - 2016 4 7.00 9.30 – 9.70
May – 2016 4 7.00 9.30 – 9.70
June – 2016 4 7.00 9.30 – 9.70
July - 2016 4 7.00 9.30 – 9.70
August – 2016 4 7.00 9.30 – 9.70
Sept – 2016 4 7.00 9.30 – 9.70
Oct- 2016 4 6.75 9.30 – 9.65
Nov-2016 4 6.75 9.30 – 9.65
Dec-2016 4 6.75 9.30 – 9.65
Jan-2017 4 6.75 9.30 – 9.65

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Commodity Prices: Monthly Monitor SIAM
Foreign Exchange Rate - US Dollar
BUYING
2015-16 2016-17
70

65
Rs per unit of US$

60

55

50
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of US Dollar

Year/ 2015-16 2016-17
Month Buying Selling Buying Selling
Apr 62.04 62.47 66.17 66.63
May 63.93 64.37 66.35 66.81
Jun 63.63 64.07 66.72 67.18
Jul 63.09 63.53 66.84 67.30
Aug 63.09 64.34 66.56 67.02
Sep 66.19 66.65 66.59 67.07
Oct 64.46 64.91 66.58 67.04
Nov 66.04 66.50 66.64 67.1
Dec 66.47 66.93 67.27 67.73
Jan 66.45 66.91 67.99 68.45
Feb 67.68 68.14
Mar 66.76 67.22
Data Source: Reserve Bank of India
Indian Overseas Bank 39
Commodity Prices: Monthly Monitor SIAM
Foreign Exchange Rate-Pound Sterling
BUYING
2015-16 2016-17
114

106
Rs per unit of Pound Sterling

98

90

82

74

66

58

50
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of Pound Sterling

2015-16 2016-17
Year/
Month Buying Selling Buying Selling
Apr 90.72 91.74 94.19 95.24
May 99.33 100.46 95.44 96.50
Jun 97.79 98.90 94.44 95.49
Jul 96.90 98.00 87.15 88.10
Aug 99.17 100.28 86.38 87.33
Sep 101.87 103.01 88.15 89.12
Oct 98.57 99.68 80.89 81.79
Nov 99.53 100.65 83.56 84.48
Dec 100.39 101.50 84.48 85.41
Jan 96.58 97.65 82.26 83.17
Feb 98.16 99.25
Mar 94.70 95.75

Data Source: Reserve Bank of India

Indian Overseas Bank

40
Commodity Prices: Monthly Monitor SIAM
Foreign Exchange Rate - Euro
BUYING 2016-17
90

82
Rs per unit of Euro

74

66

58

50
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of Euro

Year/ 2015-16 2016-17
Month Buying Selling Buying Selling
Apr 65.72 66.45 75.57 76.41
May 71.22 72.02 75.38 76.22
Jun 71.65 72.45 74.87 75.70
Jul 69.86 70.63 73.87 74.69
Aug 69.98 70.76 74.16 74.98
Sep 74.41 75.23 74.52 75.35
Oct 73.17 73.99 73.18 74.00
Nov 70.81 71.60 72.52 73.32
Dec 72.53 73.34 70.92 71.71
Jan 72.18 72.98 71.47 72.27
Feb 76.21 77.06
Mar 73.11 73.99

Data Source: Reserve Bank of India

Indian Overseas Bank
41
Commodity Prices: Monthly Monitor SIAM
Foreign Exchange Rate - Yen
BUYING 2015-16 2016-17
72

64
Rs per unit of 100 Yen

56

48

40

32
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per 100 Yen

Year/ 2015-16 2016-17
Month Buying Selling Buying Selling
Apr 51.43 52.06 61.00 61.73
May 53.04 53.69 60.77 61.50
Jun 51.42 52.05 62.72 63.47
Jul 51.61 52.24 64.66 65.44
Aug 51.10 51.72 65.41 66.19
Sep 54.69 55.36 65.12 65.90
Oct 53.49 54.14 63.98 64.75
Nov 53.46 54.11 62.35 63.1
Dec 54.29 54.95 57.98 58.69
Jan 56.26 56.94 58.40 59.11
Feb 59.89 60.61
Mar 58.61 59.32

Data Source: Reserve Bank of India

Indian Overseas Bank

42
Commodity Prices: Monthly Monitor SIAM
Foreign Exchange Rate - Renminbi
2015-16 2016-17
20

16
Rs per unit of Renminbi

12

0
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of China’s Renminbi (CNY)

Period Rate Period Rate
10 April 2015 10.03 12 April 2016 10.29

12 May 2015 10.33 10 May 2016 10.23

10 June 2015 10.29 13 June 2016 10.18
10 July 2015 10.20 12 July 2016 10.04

10 Aug 2015 10.14 11 Aug 2016 10.06

11 Sept 2015 10.42 14 Sept. 2016 10.04
12 Oct 2015 10.23 13 Oct 2016 9.93
10 Nov2015 10.43 11 Nov 2016 9.84
11 Dec 2015 10.34 13 Dec 2016 9.76
11 Jan 2016 10.15 13 Jan 2017 9.88
11 Feb 2016 10.34

10 Feb 2016 10.29

Data Source: Bloomberg 43

Commodity Prices: Monthly Monitor SIAM
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resources for reading only within certain restrictions.
 Within same company, it is permissible to quote, reproduce, cite, however, it must be credited every time when used, as "Source: Society
of Indian Automobile Manufacturers" or Copyright SIAM.
 Use of Excel data and PDF data to create new databases according to individual need is permitted within "same company." There may be
no fee charged for the information and it must be noted with a copyright mark.
 Within libraries it is permissible to process, arrange, classify, retrieve, and display purchased materials.
 Digital version of monthly reports (PDF file) can be browsed only by readers approved by SIAM.
3. Forbidden practices: It is forbidden to use SIAM research resources (including all pages of printed matters and digital resources printed out
by subscribers), in whole or in part in the following cases without prior permission granted from SIAM. This restriction applies to but is not
limited to third party as well as "Same Company."
 Photocopying research resources directly and passing to a third party. For libraries, please be advised that free library use does not include
the copy of materials and passing to a third party.
 To quote, reproduce, or otherwise adapt anywhere except within "same company."
 To give or transfer PDF data or Excel data etc. to a third party, or posting on the Internet or company intranet.
 To process all or some of the data, print all or some of the data or the processed data, or post any data on the Internet or company intranet
with the intention of providing the data to a third party.
 Use of the ID and password by anyone other- than a registered user at the same department or to forward the ID and password to a third
party.
 To translate to another language and give to a third party.
 To convert data into an electronic format by scanning or otherwise and give to a third party.
 To directly or indirectly sell some or all the research data published by SIAM to a third party.
 SIAM digital resources are forbidden to be sold to a library or/and other party which intends to make resources available to a third party.
 Any other action or area except mentioned in article 2.
4. Warning and Termination:
 When it becomes clear that these guidelines have been violated and the customer has misused SIAM copyrighted material, the customer
will be warned to cease and desist, and further, the offending company and department name will be noted on SIAM’s website.
 If the company disregards the warnings and does not cease and desist the offending activity within the warning period, SIAM will refuse
services to the offending company.
 In the event that SIAM or other copyright holder’s right have been violated, a claim for damages will be made also precaution under
Copyright Act will be initiated.
5. Guideline changes: These guidelines may be changed from time to time.
Copyright 2009, SIAM

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CONTACT US AT:
Society of Indian Automobile Manufacturers (SIAM)
Core 4B, 5th Floor
India Habitat Centre, Lodi Road, New Delhi, India
Phone: +91 11 2464 7810 – 12
Fax: +91 11 2464 8222
E-mail: sushilkumar@siam.in
Website: www.siam.in