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Monday Market Monitor - India (WEEK 07) - Longs recover a bit
129 times viewed.
Monday, 22 Feb 2010
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Indian domestic steel prices exhibited upward sentiments last week. The Indian Long Product Price Index ILPPI increased by whooping 70 points whereas Indian Flat Products Index IFPPI increased by 13 points. The overall price index INDSPI increased by 43 points.

Class12-Feb19-FebChange%
ILPPI66486718701.1%
IFPPI75117525130.2%
INDSPI70597103430.6%


ILPPI - Indian Long Product Price Index
IFPPI - Indian Flat Product Price Index
INDSPI - Indian Steel Price Index

Long Products

Category12-Feb19-FebChange%
PI - TMT62696311420.7%
PI - WRC73207396761.0%
PI - Angle623663371011.6%
PI - Channel62766365891.4%
PI - Joist577859211422.5%


PI - Product Index

Flat products

Category12-Feb19-FebChange%
PI - Narrow Plates72017178-23-0.3%
PI - Wide Plates737575651892.6%
PI - Hot Rolled73017268-33-0.5%
PI - Cold Rolled80918078-13-0.2%
PI - Galvanized814583241782.2%


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
Chennai6%
Kandla0%
Kanpur -1%
Kolkata3%
Mandi0%
Mumbai1%


Change is on February 19th 2010 as compared to February 12th 2010

Alang

ProductSizeChange
Plate cuttings1"-2%
ShipsMixed-2%


Change is on February 19th 2010 as compared to February 12th 2010

Pencil ingot

LocationChange
Ahmedabad-1%
Bhiwari3%
Durgapur2%
Ghaziabad3%
Hyderabad-2%
Jaipur0%
Jamshedpur1%
Kanpur 3%
Kolkata2%
Mandi2%
Mumbai-1%
Muzzafarnagar2%
Nagpur2%
Raigarh0%
Raipur 2%
Rourkela2%
Rudrapur5%


Change is on February 19th 2010 as compared to February 12th 2010

Pig Iron

LocationChange
Agra-1%
Jallandhar0%
Kolkata-1%
Raipur -1%


Change is on February 19th 2010 as compared to February 12th 2010

Sponge iron

LocationChange
Bellary2%
Kolkata4%
Raigarh-1%
Raipur 2%
Rourkela2%


Change is on February 19th 2010 as compared to February 12th 2010

2. Long products

TMT
Fe 415
12mm

LocationChange
Ahmedabad-1%
Chennai1%
Delhi 2%
Indore 0%
Kanpur 0%
Kolkata0%
Mandi4%
Mumbai-1%
Raipur 2%


Change is on February 19th 2010 as compared to February 12th 2010

WRC
SWR14
5.5/6

LocationChange
Chennai1%
Delhi -1%
Kanpur 3%
Kolkata1%
Raipur 2%


Change is on February 19th 2010 as compared to February 12th 2010

ANGL
Grade A
65X65X6

LocationChange
Ahmedabad-1%
Bangalore-1%
Chennai4%
Delhi -1%
Indore-1%
Kanpur 1%
Kolkata-2%
Mandi1%
Mumbai-1%
Raipur 2%


Change is on February 19th 2010 as compared to February 12th 2010

CNHL
Grade A
75/40

LocationChange
Ahmedabad0%
Bangalore-1%
Chennai4%
Delhi -1%
Indore-1%
Kanpur -1%
Kolkata0%
Mandi0%
Mumbai-1%
Raipur 2%


Change is on February 19th 2010 as compared to February 12th 2010

JSTI
Grade A
250X125

LocationChange
Ahmedabad-2%
Bangalore-1%
Chennai5%
Delhi -1%
Indore0%
Kanpur 1%
Kolkata0%
Mandi1%
Mumbai-1%
Raipur 1%


Change is on February 19th 2010 as compared to February 12th 2010

3. Flat products

HRC
Tube
2.5x1250

LocationChange
Ahmedabad0%
Bangalore0%
Chennai0%
Delhi 0%
Indore-1%
Kolkata0%
Ludhiana -1%
Mumbai-1%


Change is on February 19th 2010 as compared to February 12th 2010

Patra

LocationChange
Delhi -1%
Ludhiana -1%
Mandi0%


Change is on February 19th 2010 as compared to February 12th 2010

Plates
Grade A
8X1250/1500

LocationChange
Chennai0%
Delhi 0%
Kanpur 2%
Kolkata1%
Mumbai-1%


Change is on February 19th 2010 as compared to February 12th 2010

Plates
GRADE B
12-20X2500

LocationChange
Ahmedabad-1%
Bangalore0%
Chennai3%
Delhi 0%
Indore0%
Kanpur 2%
Kolkata5%
Mumbai-1%
Raipur 1%


Change is on February 19th 2010 as compared to February 12th 2010

CR
DSK
0.63x1000

LocationChange
Ahmedabad0%
Chennai0%
Delhi 0%
Kanpur -2%
Kolkata0%
Mumbai0%
Pune0%


Change is on February 19th 2010 as compared to February 12th 2010

GC
100Gms
0.4

LocationChange
Bangalore1%
Chennai4%
Delhi 0%
Kanpur 2%
Kolkata1%
Mumbai1%


Change is on February 19th 2010 as compared to February 12th 2010

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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