Indian domestic steel prices continued to go down on weak sentiments last week. The Indian Long Product Price Index ILPPI decreased by 244 points whereas Indian Flat Products Index IFPPI decreased by 46 points. The overall price index INDSPI decreased by 150 points.
| Class | 15-Jan | 22-Jan | Change | % |
| ILPPI | 7116 | 6872 | -244 | -3.4% |
| IFPPI | 7504 | 7457 | -46 | -0.6% |
| INDSPI | 7301 | 7151 | -150 | -2.1% |
ILPPI - Indian Long Product Price Index
IFPPI - Indian Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
| Category | 15-Jan | 22-Jan | Change | % |
| PI - TMT | 6926 | 6652 | -274 | -4.0% |
| PI - WRC | 7578 | 7376 | -202 | -2.7% |
| PI - Angle | 6769 | 6505 | -264 | -3.9% |
| PI - Channel | 6816 | 6528 | -288 | -4.2% |
| PI - Joist | 6221 | 5967 | -254 | -4.1% |
PI - Product Index
Flat products
| Category | 15-Jan | 22-Jan | Change | % |
| PI - Narrow Plates | 7222 | 7150 | -72 | -1.0% |
| PI - Wide Plates | 7314 | 7251 | -63 | -0.9% |
| PI - Hot Rolled | 7316 | 7253 | -63 | -0.9% |
| PI - Cold Rolled | 8098 | 8098 | 0 | 0.0% |
| PI - Galvanized | 7996 | 8009 | 13 | 0.2% |
PI - Product Index
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1. Input materials
Melting scrap
80:20
HMS
| Location | Change |
| Chennai | 0% |
| Kandla | -1% |
| Kanpur | -3% |
| Kolkata | -12% |
| Mandi | 0% |
| Mumbai | -3% |
Change is on January 22nd 2010 as compared to January15th 2010
Alang
| Product | Size | Change |
| Plate cuttings | 1" | -4% |
| Ships | Mixed | -1% |
Change is on January 22nd 2010 as compared to January15th 2010
Pencil ingot
| Location | Change |
| Ahmedabad | -2% |
| Bhiwari | 3% |
| Durgapur | -3% |
| Ghaziabad | -4% |
| Hyderabad | -12% |
| Jaipur | -4% |
| Jamshedpur | 0% |
| Kanpur | -3% |
| Kolkata | -2% |
| Mandi | -2% |
| Mumbai | -4% |
| Muzzafarnagar | -3% |
| Nagpur | -5% |
| Raigarh | 2% |
| Raipur | -7% |
| Rourkela | -3% |
| Rudrapur | -1% |
Change is on January 22nd 2010 as compared to January15th 2010
Pig Iron
| Location | Change |
| Agra | 1% |
| Jallandhar | 2% |
| Kolkata | 1% |
| Raipur | 1% |
Change is on January 22nd 2010 as compared to January15th 2010
Sponge iron
| Location | Change |
| Bellary | -5% |
| Kolkata | -2% |
| Raigarh | -1% |
| Raipur | 0% |
| Rourkela | 2% |
Change is on January 22nd 2010 as compared to January15th 2010
2. Long products
TMT
Fe 415
12mm
| Location | Change |
| Ahmedabad | -4% |
| Chennai | -7% |
| Delhi | -4% |
| Indore | -4% |
| Kanpur | -2% |
| Kolkata | -1% |
| Mandi | -1% |
| Mumbai | -3% |
| Raipur | -5% |
Change is on January 22nd 2010 as compared to January15th 2010
WRC
SWR14
5.5/6
| Location | Change |
| Chennai | -2% |
| Delhi | -1% |
| Kanpur | -2% |
| Kolkata | -6% |
| Raipur | -3% |
Change is on January 22nd 2010 as compared to January15th 2010
ANGL
Grade A
65X65X6
| Location | Change |
| Ahmedabad | -1% |
| Bangalore | -11% |
| Chennai | -4% |
| Delhi | -2% |
| Indore | -3% |
| Kanpur | 0% |
| Kolkata | -3% |
| Mandi | -1% |
| Mumbai | -3% |
| Raipur | -4% |
Change is on January 22nd 2010 as compared to January15th 2010
CNHL
Grade A
75/40
| Location | Change |
| Ahmedabad | -1% |
| Bangalore | -11% |
| Chennai | -3% |
| Delhi | -2% |
| Indore | -3% |
| Kanpur | -5% |
| Kolkata | -3% |
| Mandi | -2% |
| Mumbai | -3% |
| Raipur | -4% |
Change is on January 22nd 2010 as compared to January15th 2010
JSTI
Grade A
250X125
| Location | Change |
| Ahmedabad | -2% |
| Bangalore | -11% |
| Chennai | -3% |
| Delhi | -1% |
| Indore | -2% |
| Kanpur | -3% |
| Kolkata | -3% |
| Mandi | -1% |
| Mumbai | -3% |
| Raipur | -5% |
Change is on January 22nd 2010 as compared to January15th 2010
3. Flat products
HRC
Tube
2.5x1250
| Location | Change |
| Ahmedabad | -1% |
| Bangalore | 0% |
| Chennai | -2% |
| Delhi | 0% |
| Indore | -100% |
| Kolkata | -3% |
| Ludhiana | 1% |
| Mumbai | 0% |
Change is on January 22nd 2010 as compared to January15th 2010
Patra
| Location | Change |
| Delhi | -2% |
| Ludhiana | 2% |
| Mandi | -1% |
Change is on January 22nd 2010 as compared to January15th 2010
Plates
Grade A
8X1250/1500
| Location | Change |
| Chennai | -2% |
| Delhi | 0% |
| Kanpur | 0% |
| Kolkata | -3% |
| Mumbai | 0% |
Change is on January 22nd 2010 as compared to January15th 2010
Plates
GRADE B
12-20X2500
| Location | Change |
| Ahmedabad | 0% |
| Bangalore | 0% |
| Chennai | -1% |
| Delhi | 0% |
| Indore | -1% |
| Kanpur | -1% |
| Kolkata | -3% |
| Mumbai | 0% |
| Raipur | 0% |
Change is on January 22nd 2010 as compared to January15th 2010
CR
DSK
0.63x1000
| Location | Change |
| Ahmedabad | 0% |
| Chennai | -1% |
| Delhi | 0% |
| Kanpur | 1% |
| Kolkata | 0% |
| Mumbai | 0% |
| Pune | 0% |
Change is on January 22nd 2010 as compared to January15th 2010
GC
100Gms
0.4
| Location | Change |
| Bangalore | 0% |
| Chennai | -1% |
| Delhi | 0% |
| Kanpur | 0% |
| Kolkata | 0% |
| Mumbai | 0% |
Change is on January 22nd 2010 as compared to January15th 2010
4. Indian Export Levels
Export levels of HDG and PPGI from Indian mills surged further last week
| Item | Grade | Size | Delivery | Change |
| HDG | 100Gms | 0.4 | FOB Mumbai | 40 |
| HDG | 100Gms | 0.58 | FOB Mumbai | 20 |
| HDG | 275Gms | 0.75 | FOB Mumbai | 25 |
| PLTS | Structural | 12-40x2.5 | FOB Vizag | 20 |
| PPGI | Standard RAL | 0.4 | FOB Mumbai | 20 |
Change is on January 22nd 2010 as compared to January15th 2010
Change is in USD per tonne
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