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)




Today's News
Main News
0blt1 BaoSteel keep steel prices unchanged for April
0blt1 Chinese steel price index up by 54 points
0blt1 Chinese steel rebar prices scenario on Mar 17
0blt1 Chinese steel wire rod price movement on Mar 17
0blt1 Chinese billet prices up at major places
0blt1 Chinese domestic HR steel price movement on Mar 17
0blt1 Chinese plate price movement on Mar 17
International News
0blt1 Indian steel market pauses on March 17
0blt1 Indian steel price index remain stable on Mar 17
0blt1 Updated directory of 755 Indian steel makers
0blt1 Sumitomo Metal to hike seamless pipe prices by 20pct
0blt1 BDI downward trend continues on March 17
0blt1 Lung Ching Steel to hike steel wire rod price
0blt1 Taiwanese slab import prices from Brazil surges
0blt1 Rebar price shoots up in Pakistan
0blt1 Ukrainian billet and pig iron prices to Italy hitting the roof


Round_corner2
Price Index - China
  17-Mar 16-Mar
CLPPI 6580 6528 Up
CFPPI 6886 6831 Up
CHISPI 6754 6699 Up
Currency Rates
18 Mar, 2010
USD 1.0000
AUD 1.0839
BRL 1.7671
CAD 1.0110
CNY 6.8265
EUR 0.7287
GBP 0.6532
INR 45.2100
JPY 90.2134
RUB 29.1689
ZAR 7.3160
Source: http://www.xe.com
Ads_spindia
Ads_spmea
Ads_speur
Mwcs