News
Monday Market Monitor - India (WEEK 05) - Divergent trend - 08 Feb, 2010
Indian domestic steel prices for long and flats exhibited divergent trends last week. The Indian Long Product Price Index ILPPI decreased by 42 points whereas Indian Flat Products Index IFPPI increased by 48 points. The overall price index INDSPI gained just 1 point.
Class29-Jan05-FebChange%
ILPPI67166674-42-0.6%
IFPPI74097457480.7%
INDSPI7046704710.0%


ILPPI - Indian Long Product Price Index
IFPPI - Indian Flat Product Price Index
INDSPI - Indian Steel Price Index

Long Products
Category29-Jan05-FebChange%
PI - TMT63616267-95-1.5%
PI - WRC73327371380.5%
PI - Angle63206226-94-1.5%
PI - Channel64106310-100-1.6%
PI - Joist59375848-89-1.5%

PI - Product Index

Flat products
Category29-Jan05-FebChange%
PI - Narrow Plates71007118170.2%
PI - Wide Plates716873822133.0%
PI - Hot Rolled71937224310.4%
PI - Cold Rolled80488044-30.0%
PI - Galvanized80808176961.2%

PI - Product Index

To know more about these indices please visit
http://steelprices-india.com/spi_services/spi.html

You can now get ILPPI, IFPPI and INDSPI as SMS alert on mobile by submitting your details at http://steelprices-india.com/smsalert

1. Input material

Melting scrap
80:20
HMS
LocationChange
Chennai-3%
Kandla0%
Kanpur -4%
Kolkata0%
Mandi-1%
Mumbai1%

Change is on February 5th 2010 as compared to January 29th 2009

Alang
ProductSizeChange
Plate cuttings1"-1%
ShipsMixed1%

Change is on February 5th 2010 as compared to January 29th 2009

Pencil ingot
LocationChange
Ahmedabad-2%
Bhiwari-1%
Durgapur-3%
Ghaziabad0%
Hyderabad2%
Jaipur0%
Jamshedpur0%
Kanpur -2%
Kolkata-3%
Mandi-2%
Mumbai1%
Muzzafarnagar0%
Nagpur0%
Raigarh-2%
Raipur -1%
Rourkela-2%
Rudrapur-5%

Change is on February 5th 2010 as compared to January 29th 2009

Pig Iron
LocationChange
Agra-2%
Jallandhar-3%
Kolkata-1%
Raipur -1%

Change is on February 5th 2010 as compared to January 29th 2009

Sponge iron
LocationChange
Bellary-1%
Kolkata-7%
Raigarh-2%
Raipur -6%
Rourkela-7%

Change is on February 5th 2010 as compared to January 29th 2009

2. Long products

TMT
Fe 415
12mm
LocationChange
Ahmedabad-1%
Chennai-4%
Delhi -2%
Indore -1%
Kanpur -2%
Kolkata-4%
Mandi-1%
Mumbai1%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

WRC
SWR14
5.5/6
LocationChange
Chennai0%
Delhi 4%
Kanpur 0%
Kolkata-2%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

ANGL
Grade A
65X65X6
LocationChange
Ahmedabad-2%
Bangalore0%
Chennai-4%
Delhi -1%
Indore2%
Kanpur -2%
Kolkata-1%
Mandi-3%
Mumbai1%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

CNHL
Grade A
75/40
LocationChange
Ahmedabad-2%
Bangalore-2%
Chennai-2%
Delhi -6%
Indore0%
Kanpur 0%
Kolkata-2%
Mandi-1%
Mumbai1%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

JSTI
Grade A
250X125
LocationChange
Ahmedabad-1%
Bangalore-4%
Chennai-1%
Delhi -7%
Indore0%
Kanpur 0%
Kolkata-2%
Mandi1%
Mumbai1%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

3. Flat products

HRC
Tube
2.5x1250
LocationChange
Ahmedabad1%
Bangalore2%
Chennai0%
Delhi 0%
Indore1%
Kolkata1%
Ludhiana 2%
Mumbai0%

Change is on February 5th 2010 as compared to January 29th 2009

Patra
LocationChange
Delhi -1%
Ludhiana -1%
Mandi-6%

Change is on February 5th 2010 as compared to January 29th 2009

Plates
Grade A
8X1250/1500
LocationChange
Chennai0%
Delhi 0%
Kanpur -1%
Kolkata1%
Mumbai0%

Change is on February 5th 2010 as compared to January 29th 2009

Plates
GRADE B
12-20X2500
LocationChange
Ahmedabad3%
Bangalore6%
Chennai5%
Delhi 0%
Indore8%
Kanpur -1%
Kolkata0%
Mumbai0%
Raipur 1%

Change is on February 5th 2010 as compared to January 29th 2009

CR
DSK
0.63x1000
LocationChange
Ahmedabad1%
Chennai0%
Delhi -9%
Kanpur 0%
Kolkata1%
Mumbai1%
Pune1%

Change is on February 5th 2010 as compared to January 29th 2009

GC
100Gms
0.4
LocationChange
Bangalore-2%
Chennai0%
Delhi 1%
Kanpur -1%
Kolkata1%
Mumbai0%

Change is on February 5th 2010 as compared to January 29th 2009

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com with contact details. This is a paid service with subscription fee of INR 60,000 plus ST for 12 months. This will keep you in tune with daily happenings in Indian and global steel markets for steel prices. Tailor made package with restricted access to match your needs at lower prices are also available.

(Sourced from www.steelprices-india.com)


Bookmark and Share


Today's News
Main News
0blt1 Indian steel price index up by 29 points
0blt1 Pencil ingot prices recover on March 9
0blt1 Plate cuttings prices up at Alang
0blt1 Steel melting scrap price increases in Mandi
0blt1 HRC prices up in Ahmedabad and Ludhiana
0blt1 Rebar (TMT) price movement in India on Mar 9
0blt1 Wire rod prices up in Kanpur and Rudrapur
0blt1 Sponge iron price up in Raigarh
0blt1 Steel angle prices up in Kanpur and Rudrapur
0blt1 Steel light channel prices up in Kanpur
0blt1 Steel joist (Beam) prices scenario in major places
0blt1 Patra (Narrow HR strips) price up in Ludhiana
0blt1 Narrow HR plate price up in Kanpur
0blt1 Wide plate price up in Ahmedabad
0blt1 CR price movement in India on Mar 9
0blt1 GC (HDG) price up in Kanpur
International News
0blt1 Gerdau Aza resumes operations and freezes rebar prices for H1
0blt1 BDI slides down suddenly by 49 points on March 9
0blt1 OSK Research sees steel prices increasing by up to 15pct in Malaysia
0blt1 Chinese steel price index reflects pick up in flat products
0blt1 Updated directory of Indian steel makers


Round_corner2
 Price Index - India
09-Mar
08-Mar
ILPPI
7053
7038
Up
IFPPI
7959
7914
Up
INDSPI
7484
7455
Up
 Currency Rate
10 Mar, 2010
 
USD
1.0000   
AUD
1.0917   
BRL
1.7760   
CAD
1.0267   
CNY
6.8271   
EUR
0.7354   
GBP
0.6682   
INR
45.4466   
JPY
90.0160   
RUB
29.7502   
ZAR
7.4021   
Source: http://www.xe.com
Ads_spchina
Ads_spmea
Ads_speur
Redshift_market_research
CurrencyTrading
Extended_car_warranty
Forex_reviews
Finanzine