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 Chinese steel rebar prices remain flat
0blt1 Chinese steel wire rod price remain flat
0blt1 Chinese manganese ferroalloys prices weaken
0blt1 Chinese billet update at major places
0blt1 Chinese domestic HR steel prices scenario
0blt1 Chinese plate price movement on Mar 18
International News
0blt1 Indian iron ore prices closing on to USD 150 mark
0blt1 Indian steel price pause lasts 3 days signaling correction
0blt1 Indian steel price index fall by 23 points on March 18
0blt1 BDI falls below 3400 mark on March 18
0blt1 YUSCO and Tang Eng to hike price again this month
0blt1 Ezz Steel announces prices for March
0blt1 MEPS forecast for steel prices
0blt1 Updated directory of Indian steel makers


Round_corner2
Price Index - China
  19-Mar 18-Mar
CLPPI 6582 6580 Up
CFPPI 6898 6884 Up
CHISPI 6761 6752 Up
Currency Rates
20 Mar, 2010
USD 1.0000
AUD 1.0919
BRL 1.8005
CAD 1.0171
CNY 6.8275
EUR 0.7393
GBP 0.6661
INR 45.4300
JPY 90.5300
RUB 29.2796
ZAR 7.3000
Source: http://www.xe.com
Ads_spindia
Ads_spmea
Ads_speur
Mwcs