The domestic Indian steel prices continued to fall on March 17th 2009 but at a modest pace. The Indian Long Product Price Index ILPPI dropped by 10 points. Whereas Indian Flat Product Price Index IFPPI dipped by 3 points. The overall Indian Steel Price Index INDSPI plummeted by 6 points.
| Class | 16-Mar | 17-Mar | Change |
| ILPPI | 6607 | 6597 | -10 |
| IFPPI | 6648 | 6645 | -3 |
| INDSPI | 6627 | 6620 | -6 |
ILPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products:
| Category | 16-Mar | 17-Mar | Change |
| PI - TMT | 6350 | 6343 | -7 |
| PI - WRC | 7115 | 7104 | -11 |
| PI - Angle | 6264 | 6255 | -10 |
| PI - Channel | 6322 | 6304 | -18 |
| PI - Joist | 5812 | 5802 | -10 |
Flat Products:
| Category | 16-Mar | 17-Mar | Change |
| PI - Narrow Plates | 6267 | 6267 | 0 |
| PI - Wide Plates | 6697 | 6691 | -7 |
| PI - Hot Rolled | 6464 | 6457 | -7 |
| PI - Cold Rolled | 7241 | 7249 | 8 |
| PI - Galvanized | 6954 | 6954 | 0 |
To know more about these indices please visit
http://steelprices-india.com/spi_services/spi.html
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(Sourced from www.steelprices-india.com)
