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Monday Market Monitor - India (WEEK 05) - Divergent trend
108 times viewed.
Monday, 08 Feb 2010
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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)

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