| News - 10 Mar, 2010 |
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| 1. Chinese steel price index reflects pick up in flat products - 10 Mar, 2010 | Top |
The Chinese Long Product Price Index CLPPI went up by 7 points whereas the Chinese Flat Products Index CFPPI up by 31 points. The overall price index CHISPI increased by 21 points.
| Class | 08-Mar | 09-Mar | Change | %
| | CLPPI | 6167 | 6175 | 7 | 0.1%
| | CFPPI | 6506 | 6537 | 31 | 0.5%
| | CHISPI | 6359 | 6380 | 21 | 0.3% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
Long Products
| Category | 08-Mar | 09-Mar | Change | %
| | PI - WRC | 5364 | 5365 | 2 | 0.0%
| | PI - Rebar | 7140 | 7154 | 14 | 0.2% |
PI- Product Index
Flat Products
| Category | 08-Mar | 09-Mar | Change | %
| | PI - Plates | 5737 | 5764 | 27 | 0.5%
| | PI - HR | 6349 | 6387 | 38 | 0.6%
| | PI - CRC | 7597 | 7623 | 25 | 0.3%
| | PI - HDG | 6731 | 6735 | 4 | 0.1% |
PI- Product Index
To know more about these indices please visit
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(Sourced from www. steelprices-china.com)
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| 2. Chinese domestic HR steel prices movement on Mar 9 - 10 Mar, 2010 | Top |
HRC
4.75mm
Common
| Location | In CNY | In USD
| | Beijing | 30 | 4
| | Changsha | 0 | 0
| | Chengdu | 20 | 3
| | Chongqing | 0 | 0
| | Fuzhou | 50 | 7
| | Guangzhou | 70 | 10
| | Hangzhou | 32 | 5
| | Harbin | 50 | 7
| | Hefei | 0 | 0
| | Jinan | 50 | 7
| | Kunming | 0 | 0
| | Lanzhou | 0 | 0
| | Nanchang | 0 | 0
| | Nanjing | 0 | 0
| | Shanghai | 30 | 4
| | Shenyang | 0 | 0
| | Shijiazhuang | 0 | 0
| | Taiyuan | 20 | 3
| | Tianjin | 29 | 4
| | Urumchi | 0 | 0
| | Wuhan | 48 | 7
| | Xian | 20 | 3
| | Zhengzhou | 18 | 3
| | Average | 20 | 3 |
Change is on 9th March as compared to 8th March 2010
Change is per tonne
USD:CNY = 6.83
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(Sourced from www. steelprices-china.com)
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| 3. Chinese steel rebar prices movement on Mar 9 - 10 Mar, 2010 | Top |
Rebar
20mm
HRB 400
| Location | In CNY | In USD
| | Beijing | 20 | 3
| | Changsha | 0 | 0
| | Chengdu | 20 | 3
| | Chongqing | 10 | 1
| | Fuzhou | 10 | 1
| | Guangzhou | 0 | 0
| | Guiyang | 0 | 0
| | Hangzhou | 0 | 0
| | Harbin | 0 | 0
| | Hefei | 0 | 0
| | Jinan | 0 | 0
| | Kunming | 0 | 0
| | Lanzhou | 0 | 0
| | Nanchang | 0 | 0
| | Nanjing | 30 | 4
| | Shanghai | 41 | 6
| | Shenyang | 10 | 1
| | Shijiazhuang | 20 | 3
| | Taiyuan | 0 | 0
| | Tianjin | 20 | 3
| | Wuhan | 16 | 2
| | Xian | 0 | 0
| | Zhengzhou | 0 | 0
| | Average | 9 | 1 |
Change is on 9th March as compared to 8th March 2010
Change is per tonne
USD:CNY = 6.83
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(Sourced from www. steelprices-china.com)
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| 4. High carbon ferrochrome prices set to rise in China - 10 Mar, 2010 | Top |
According to industrial sources, prices of high carbon ferrochrome in China are set to increase to USD 1,320 per tonne on firm ore prices and demand from stainless steel mills.
A trader in Shanghai said that "Production costs are going to be close to CNY 9,000 per tonne if calculated using current spot ore prices." He added that this was likely to happen in March or April 2010.
(Sourced from Metals Place)
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| 5. Chinese plate price movement on Mar 9 - 10 Mar, 2010 | Top |
Plates
20mm
Common
| Location | In CNY | In USD
| | Beijing | 0 | 0
| | Changsha | 50 | 7
| | Chengdu | 0 | 0
| | Chongqing | 0 | 0
| | Fuzhou | 50 | 7
| | Guangzhou | 0 | 0
| | Hangzhou | 60 | 9
| | Harbin | 0 | 0
| | Hefei | 10 | 1
| | Jinan | 0 | 0
| | Kunming | 0 | 0
| | Lanzhou | 36 | 5
| | Nanchang | 0 | 0
| | Nanjing | 0 | 0
| | Shanghai | 40 | 6
| | Shenyang | 81 | 12
| | Shijiazhuang | 22 | 3
| | Taiyuan | 31 | 5
| | Tianjin | 0 | 0
| | Wuhan | 30 | 4
| | Xian | 9 | 1
| | Zhengzhou | 0 | 0
| | Average | 19 | 3 |
Change is on 9th March as compared to 8th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
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(Sourced from www. steelprices-china.com)
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| 6. Chinese steel wire rod price update on Mar 9 - 10 Mar, 2010 | Top |
WRC
6.5mm
Common
| Location | In CNY | In USD
| | Changsha | 0 | 0
| | Chengdu | 38 | 6
| | Chongqing | 0 | 0
| | Guiyang | 0 | 0
| | Hangzhou | 0 | 0
| | Harbin | 0 | 0
| | Kunming | 0 | 0
| | Nanchang | 0 | 0
| | Nanjing | 0 | 0
| | Shanghai | 0 | 0
| | Shenyang | 13 | 2
| | Shijiazhuang | 0 | 0
| | Taiyuan | 0 | 0
| | Tianjin | 0 | 0
| | Wuhan | -20 | -3
| | Zhengzhou | 0 | 0
| | Average | 1.9 | 0 |
Change is on 9th March as compared to 8th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
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(Sourced from www. steelprices-china.com)
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| 7. Chinese billet remain scenario on Mar 9 - 10 Mar, 2010 | Top |
Billets
150*150
Q235
| Location | In CNY | In USD
| | Fujian | 0 | 0
| | Liaoyang | 60 | 9
| | Linfen | 50 | 7
| | Linzhou | 0 | 0
| | Shandong | 0 | 0
| | Tangshan | 30 | 4
| | Tianjin | 30 | 4
| | Zibo | 0 | 0
| | Average | 21 | 3 |
Change is on 9th March as compared to 8th March 2010
Change is per tonne
USD:CNY = 6.83
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(Sourced from www. steelprices-china.com)
|
| 8. Khouzestan Oxin Steel to reach plate capacity in 3 years - 10 Mar, 2010 | Top |
Steel Orbis cited Mr Fathollah Tayebi MD of Iranian steelmaker as saying that Khouzestan Oxin Steel will reach its nominal capacity in less than 3 years.
Mr Tayebi said that they estimated plate production at the mill in the coming Iranian year at 150,000 tonnes at 450,000 tonnes in the following Iranian year and at 1 million tonnes in the year after that.
Khouzestan Oxin Steel is the only rolling mill not only in Iran but also in the Middle East capable of rolling plates of up to 4,500 mm in width. The mill, which is located close to the southwestern Iranian city of Ahwaz was put into operation in May 2009.
(Sourced from Steel Orbis)
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| 9. Iranian state owned mills see 3pct increase in crude steel output - 10 Mar, 2010 | Top |
According to the new figures published by the Iranian Mines and Mining Industries Development and Renovation Organization, the Iranian state owned steel sector produced 9.75 million tonnes of crude steel in the first 11 months of the current Iranian year up 3% compared with the same period of the last Iranian year.
Meanwhile, Iranian private sector steelmakers produced about 400,000 tonnes of crude steel in the same period, not showing much change YoY.
(Sourced from Steel Orbis)
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| 10. Indian steel price index up by 29 points - 10 Mar, 2010 | Top |
The Indian Long Product Price Index ILPPI went up by 15 points whereas Indian Flat Product Price Index IFPPI also surge by 45 points. The overall Indian Steel Price Index INDSPI rise by 29 points
| Class | 08-Mar | 09-Mar | Change | %
| | ILPPI | 7038 | 7053 | 15 | 0.2%
| | IFPPI | 7914 | 7959 | 45 | 0.6%
| | INDSPI | 7455 | 7484 | 29 | 0.4% |
ILPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
| Category | 08-Mar | 09-Mar | Change | %
| | PI - TMT | 6768 | 6782 | 14 | 0.2%
| | PI - WRC | 7570 | 7591 | 22 | 0.3%
| | PI - Angle | 6681 | 6686 | 5 | 0.1%
| | PI - Channel | 6730 | 6735 | 5 | 0.1%
| | PI - Joist | 6208 | 6213 | 5 | 0.1% |
PI - Product Index
Flat Products
| Category | 08-Mar | 09-Mar | Change | %
| | PI - Narrow Plates | 7541 | 7571 | 31 | 0.4%
| | PI - Wide Plates | 7795 | 7809 | 14 | 0.2%
| | PI - Hot Rolled | 7699 | 7754 | 54 | 0.7%
| | PI - Cold Rolled | 8484 | 8542 | 58 | 0.7%
| | PI - Galvanized | 8652 | 8669 | 16 | 0.2% |
PI - Product Index
To know more about these indices please visit
http://steelprices-india.com/spi_services/spi.html
You can also get ILPPI, IFPPI and INDSPI as SMS alert on mobile by submitting your details at http://steelprices-india.com/smsalert
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(Sourced from www.steelprices-india.com)
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| 11. Pencil ingot prices recover on March 9 - 10 Mar, 2010 | Top |
Pencil ingot
| Location | Change
| | Ahmedabad | 204
| | Bhiwari | 100
| | Durgapur | 0
| | Ghaziabad | 300
| | Hyderabad | 0
| | Jaipur | 200
| | Jamshedpur | 300
| | Kanpur | 355
| | Kolkata | 0
| | Mandi | 554
| | Mumbai | 0
| | Muzzafarnagar | 267
| | Nagpur | 370
| | Raigarh | 185
| | Raipur | 0
| | Rourkela | 0
| | Rudrapur | 355 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
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| 12. Plate cuttings prices up at Alang - 10 Mar, 2010 | Top |
| Product | Grade | Size | Change
| | Plate cuttings | Rolling | 1" | 100
| | Ship Scrap | Melting | Mixed | 100 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html
(Sourced from www.steelprices-india.com)
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| 13. Steel melting scrap price increases in Mandi - 10 Mar, 2010 | Top |
Melting scrap
80:20
HMS
| Location | Change
| | Chennai | 0
| | Hyderabad | 0
| | Kandla | 300
| | Kanpur | 178
| | Kolkata | 0
| | Mandi | 462
| | Mumbai | 0
| | Rudrapur | 267 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 14. HRC prices up in Ahmedabad and Ludhiana - 10 Mar, 2010 | Top |
HRC
Tube
2.5x1250
| Location | Change
| | Ahmedabad | 462
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Indore | 0
| | Kolkata | 0
| | Ludhiana | 370
| | Mumbai | 0 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 15. Rebar (TMT) price movement in India on Mar 9 - 10 Mar, 2010 | Top |
TMT
Fe 415
12mm
| Location | Change
| | Ahmedabad | -100
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Hyderabad | 0
| | Indore | 200
| | Kanpur | 300
| | Kolkata | 0
| | Mandi | 416
| | Mumbai | 0
| | Raipur | -520
| | Rudrapur | 400 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
|
| 16. Wire rod prices up in Kanpur and Rudrapur - 10 Mar, 2010 | Top |
WRC
SWR14
5.5/6
| Location | Change
| | Chennai | 0
| | Delhi | 0
| | Kanpur | 533
| | Kolkata | 0
| | Raipur | 0
| | Rudrapur | 355 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 17. Sponge iron price up in Raigarh - 10 Mar, 2010 | Top |
Sponge iron
| Location | Change
| | Bellary | 0
| | Kolkata | 0
| | Raigarh | 100
| | Raipur | 0
| | Rourkela | 0 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
|
| 18. Steel angle prices up in Kanpur and Rudrapur - 10 Mar, 2010 | Top |
ANGL
GR A
65X6
| Location | Change
| | Ahmedabad | 0
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Indore | 0
| | Kanpur | 300
| | Kolkata | 0
| | Mandi | 0
| | Mumbai | 0
| | Raipur | 0
| | Rudrapur | 300 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 19. Steel light channel prices up in Kanpur - 10 Mar, 2010 | Top |
CHNL
GR A
75/100
| Location | Change
| | Ahmedabad | 0
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Indore | 0
| | Kanpur | 300
| | Kolkata | 0
| | Mandi | 0
| | Mumbai | 0
| | Raipur | 0
| | Rudrapur | 300 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com
|
| 20. Steel joist (Beam) prices scenario in major places - 10 Mar, 2010 | Top |
JSTI
GR A
250X125
| Location | Change
| | Ahmedabad | 0
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Indore | 0
| | Kanpur | 300
| | Kolkata | 0
| | Mandi | 0
| | Mumbai | 0
| | Raipur | 0
| | Rudrapur | 200 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com
|
| 21. Patra (Narrow HR strips) price up in Ludhiana - 10 Mar, 2010 | Top |
Patra
| Location | Change
| | Delhi | 0
| | Ludhiana | 185
| | Mandi | 0 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
|
| 22. Narrow HR plate price up in Kanpur - 10 Mar, 2010 | Top |
PLTS
GR A
8x1250
| Location | Change
| | Chennai | 0
| | Kanpur | 444
| | Mumbai | 0
| | Rudrapur | 0 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
|
| 23. Wide plate price up in Ahmedabad - 10 Mar, 2010 | Top |
PLTS
GR B
12-20x2.5
| Location | Change
| | Ahmedabad | 462
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Indore | 0
| | Kanpur | 267
| | Kolkata | 0
| | Mumbai | 0
| | Raipur | 0
| | Rudrapur | 178 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 24. CR price movement in India on Mar 9 - 10 Mar, 2010 | Top |
CR
DSK
0.63
| Location | Change
| | Ahmedabad | 1386
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Kanpur | 444
| | Kolkata | 0
| | Mumbai | 0
| | Pune | 0
| | Rudrapur | 355 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 25. GC (HDG) price up in Kanpur - 10 Mar, 2010 | Top |
GC
100Gms
0.40
| Location | Change
| | Bangalore | 0
| | Chennai | 0
| | Delhi | 0
| | Kanpur | 444
| | Kolkata | 0
| | Ludhiana | 0
| | Mumbai | 0
| | Rudrapur | 178 |
Change is on 9th March as compared to 8th March 2010
Change is in INR per tonne
To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.
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(Sourced from www.steelprices-india.com)
|
| 26. Gerdau Aza resumes operations and freezes rebar prices for H1 - 10 Mar, 2010 | Top |
Business News Americas reported that Chilean steelmaker Gerdau Aza, the local subsidiary of Brazil's Gerdau, has resumed operations at its hot rolling plant in the metropolitan region's Renca district
A company spokesperson told BNamericas that “However, the restart of operations at the Colina complex including a steel mill and hot rolling plant- remains uncertain as damage is still being evaluated.”
The two plants were affected by the 8.8 magnitude earthquake that hit central and southern Chile on February 27th 2010.
In addition, Gerdau Aza will freeze steel rebar prices during H1 as a way to help infrastructure and housing reconstruction, the company said in a press release, adding that prices from February 27 will remain the same until June 30.
The company also said that if international prices and costs during the second half stay the same as those in H1, rebar prices will not change for the entire year.
Gerdau Aza has installed capacity to produce 520,000 tonnes per year of steel products, including rebar, profiles and wire rods. More than 90% of the company's output is sold on the local market.
(Sourced from BNAmericas)
|
| 27. BDI slides down suddenly by 49 points on March 9 - 10 Mar, 2010 | Top |
It is reported that on March 9th 2010, Baltic Dry Index reached 3210 points, down by 49 point as compared to March 8th 2010.
Capsize
| BCI | Change
| | SPOT 4 TCE AVG | 3679 | -198
| | INDEX | 35044 | -2387
| | March 8th 2010 | 37431 |
| | Year Ago | 28485 | |
All except INDEX in USD
Change is with respect to numbers on March 8th 2010
Panamax
| BPI | Change
| | INDEX | 4044 | +1
| | SPOT 4 TCE AVG | 32529 | +9
| | March 8th 2010 | 32520 |
| | Year Ago | 17866 | |
All except INDEX in USD
Change is with respect to numbers on March 8th 2010
Supramax
| BSI | Change
| | INDEX | 2552 | +44
| | SPOT 4 TCE AVG | 26682 | +460
| | March 8th 2010 | 26222 |
| | Year Ago | 17653 | |
All except INDEX in USD
Change is with respect to numbers on March 8th 2010
Spot 4 TC Average = Average Value of the Four Main Shipping Routes
BDI = Weighted Composite Index of BCI/BPI/BHMI
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(Sourced from www.steelprices-india.com)
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| 28. OSK Research sees steel prices increasing by up to 15pct in Malaysia - 10 Mar, 2010 | Top |
OSK Research said that steel prices are expected to increase between 10% and 15% in the next few months on the resumption of private and public construction activities after the Chinese New Year celebrations.
It said that average selling prices of steel products escalated since December 2009, but the increase was mainly driven by the cost push element. It added that "We continue to think that with on going projects perhaps helping to sustain 70% of regular annual long steel consumption, the balance may be compensated if most public projects are executed in a timely manner."
OSK said that local steel mills have been exporting more than one million tonnes of steel products, annually, in the last two years. Malaysia's exports escalated after China imposed a 25% export tax on billets, creating a vacuum of 5 million tonnes of billets in the South East Asia market. China previously supplied 75% of the region's requirements.
It added that "Improvements in the economies of the Middle East, Australia, Pakistan and Bangladesh are also expected to be a boon to Malaysia's billet exports."
(Sourced from www.bernama.com)
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| 29. Updated directory of Indian steel makers - 10 Mar, 2010 | Top |
The fast developing Indian steel industries are continuing beyond what most believed was possible. As one of the world's fastest growing economies, India has become the most happening place among world steel market over last few years and thus is in the radar of not only Indian but most of global players associated with steel industry. But due to fragmented nature of industry, a comprehensive list of smaller steel makers is not readily available.
"Indian Steelmakers Directory 2010” is one the top sources of information available on steel making companies in India! 'Indian Steelmakers Directory' is one of the most comprehensive and accurate directory of Indian steel companies that have ever been published. This powerful directory is your connection to the entire Indian steel industries sector.
Published in March 2010, “Indian Steelmakers Directory 2010” has been comprehensively researched and prepared, to bring you a fully up to date guide to India's rapidly growing steel makers. This Directory will be extremely useful to businesses that deal specifically with companies in the iron and steel industry, ferroalloys, consumable suppliers, raw material sellers, equipment makers and others.
Whether you are a product manager, in charge of marketing, raw material seller, in equipment business or simply interested to remain in touch with the latest developments in the Indian steel industries, this directory will save you time and effort in finding the information you need.
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This directory covers name and details of 755 Indian steelmakers out of total 1000 plus units in India
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