Clips
Indian domestic prices remain stable - 28 Aug, 2008
After registering continuous fall of 1046 points for 21 days since August 4th 2008, long product prices seem to have stabilized for the time being.

Class26-Aug27-AugChange
LPPI87648764None
FPPI1010610101-5
ISPI94039401-2

LPPI - Long Product Price Index
FPPI - Flat Product Price Index
ISPI - Indian Steel Price Index

Long products
Category26-Aug27-AugChange
PI - TMT84448444None
PI - WRC91659165None
PI - Angle86278627None
PI - Channel88188818None
PI - Joist83918391None


Flat products
Category26-Aug27-AugChange
PI - Narrow Plates1009610096None
PI - Wide Plates1035310353None
PI - Hot Rolled1004610046None
PI - Cold Rolled1029110262-28
PI - Galvanized97929792None


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

Today's News
Clips
0blt1 KIOCL iron ore pellet bids fall to USD 54 per tonne
0blt1 Shanxi coke producers agree on coke reference price
0blt1 Aluminum falls to 3 year low as weak demand bolsters stockpiles
Announcements
0blt1 Baoshan Steel cuts CR product prices by 22%
0blt1 Jinchuan cuts nickel EXW price by CNY 6000 per tonne
0blt1 Indian Steelmakers Directory 2008
0blt1 Timetable for steel futures has yet to be determined - SHFE
0blt1 Directory of Overseas Scrap Suppliers to India
0blt1 In depth analysis of steel projects in India
0blt1 MEASPI - Barometer for steel prices in Middle East Asia
0blt1 INDSPI - SENSEX for steel prices in India
News And Trends
0blt1 Chinese domestic steel price posts six year biggest drop in October - CISA
0blt1 Chinese coke prices facing volatile situation
0blt1 Iron Ore price outlook during 3rd week of November 2008
0blt1 Thermal coal producers brace for tough times ahead
0blt1 CR sheet price to decline further in China
0blt1 Indian ship breakers to make better profit margins
Export And Import Levels
0blt1 Iron ore price negotiations - JP Morgan reduce forecast
0blt1 Chinese HDG export price likely to turn stable
Trade Issues
0blt1 US steel industry urges government to stand up to China
0blt1 Tax for imported cement returns in Russia
Round_corner2
Currency Rates
21 Nov, 2008
USD 1.0000
AUD 1.5848
BRL 2.3862
CAD 1.2616
CNY 6.8253
EUR 0.7988
GBP 0.6712
INR 50.8776
JPY 95.4419
RUB 27.5385
ZAR 10.5561
Source: OANDA.com
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