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Monday Market Monitor - India (WEEK 12) - Song remains the same
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Monday, 29 Mar 2010
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Indian domestic steel prices continued to exhibit strong upward sentiments last week. The Indian Long Product Price Index ILPPI increased by whooping 118 points whereas Indian Flat Products Index IFPPI increased by 175 points. The overall price index INDSPI increased by 145 points.

Class19-Mar26-MarChange%
ILPPI745375711181.6%
IFPPI812783021752.2%
INDSPI777479191451.9%


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

Long Products

Category19-Mar26-MarChange%
PI - TMT731174571462.0%
PI - WRC786979741051.3%
PI - Angle706571761101.6%
PI - Channel71487222741.0%
PI - Joist65906672831.3%


PI - Product Index

Flat products

Category19-Mar26-MarChange%
PI - Narrow Plates776979181491.9%
PI - Wide Plates797481681942.4%
PI - Hot Rolled795181421912.4%
PI - Cold Rolled869588451511.7%
PI - Galvanized865187891381.6%


PI - Product Index

These indices have base of 10,000 as on July 1st 2008
To know more about these indices please visit
http://steelprices-india.com/spi_services/spi.html

To download a presentation please paste this link in your browser
http://www.steelprices-india.com/uploads/Steel_Price_Index_Presentation.ppt

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
Chennai4%
Kandla1%
Kanpur 4%
Kolkata2%
Mandi2%
Mumbai4%


Change is on March 26th 2010 as compared to March 19th 2010

Alang

ProductSizeChange
Plate cuttings1"1%
ShipsMixed1%


Change is on March 26th 2010 as compared to March 19th 2010

Pencil ingot

LocationChange
Ahmedabad4%
Bhiwari2%
Durgapur0%
Ghaziabad1%
Hyderabad2%
Jaipur4%
Jamshedpur4%
Kanpur 4%
Kolkata-1%
Mandi3%
Mumbai3%
Muzzafarnagar3%
Nagpur1%
Raigarh6%
Raipur 0%
Rourkela1%
Rudrapur3%


Change is on March 26th 2010 as compared to March 19th 2010

Pig Iron

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


Change is on March 26th 2010 as compared to March 19th 2010

Sponge iron

LocationChange
Bellary-2%
Kolkata-2%
Raigarh-1%
Raipur 3%
Rourkela1%


Change is on March 26th 2010 as compared to March 19th 2010

2. Long products

TMT
Fe 415
12mm

LocationChange
Ahmedabad1%
Chennai1%
Delhi 2%
Indore 1%
Kanpur 2%
Kolkata3%
Mandi0%
Mumbai3%
Raipur 0%


Change is on March 26th 2010 as compared to March 19th 2010

WRC
SWR14
5.5/6

LocationChange
Chennai1%
Delhi 1%
Kanpur 3%
Kolkata0%
Raipur 1%


Change is on March 26th 2010 as compared to March 19th 2010

ANGL
Grade A
65X65X6

LocationChange
Ahmedabad2%
Bangalore0%
Chennai3%
Delhi 2%
Indore2%
Kanpur 3%
Kolkata1%
Mandi0%
Mumbai3%
Raipur 1%


Change is on March 26th 2010 as compared to March 19th 2010

CNHL
Grade A
75/40

LocationChange
Ahmedabad2%
Bangalore-1%
Chennai3%
Delhi 1%
Indore2%
Kanpur 3%
Kolkata0%
Mandi0%
Mumbai3%
Raipur 1%


Change is on March 26th 2010 as compared to March 19th 2010

JSTI
Grade A
250X125

LocationChange
Ahmedabad2%
Bangalore0%
Chennai3%
Delhi 1%
Indore1%
Kanpur 3%
Kolkata0%
Mandi0%
Mumbai2%
Raipur 1%


Change is on March 26th 2010 as compared to March 19th 2010

3. Flat products

HRC
Tube
2.5x1250

LocationChange
Ahmedabad6%
Bangalore2%
Chennai1%
Delhi 0%
Indore0%
Kolkata5%
Ludhiana 4%
Mumbai0%


Change is on March 26th 2010 as compared to March 19th 2010

Patra

LocationChange
Delhi 0%
Ludhiana 4%
Mandi0%


Change is on March 26th 2010 as compared to March 19th 2010

Plates
Grade A
8X1250/1500

LocationChange
Chennai1%
Delhi 0%
Kanpur 2%
Kolkata4%
Mumbai0%


Change is on March 26th 2010 as compared to March 19th 2010

Plates
GRADE B
12-20X2500

LocationChange
Ahmedabad6%
Bangalore1%
Chennai1%
Delhi 0%
Indore0%
Kanpur 2%
Kolkata4%
Mumbai4%
Raipur 1%


Change is on March 26th 2010 as compared to March 19th 2010

CR
DSK
0.63x1000

LocationChange
Ahmedabad3%
Chennai1%
Delhi 2%
Kanpur 3%
Kolkata2%
Mumbai0%
Pune0%


Change is on March 26th 2010 as compared to March 19th 2010

GC
100Gms
0.4

LocationChange
Bangalore0%
Chennai1%
Delhi 0%
Kanpur 3%
Kolkata1%
Mumbai0%


Change is on March 26th 2010 as compared to March 19th 2010

4. Indian Export Levels

Export levels of HDG and PPGI from Indian mills surged further last week
Change is on March 26th 2010 as compared to March 19th 2010
Change is in USD per tonne

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(Sourced from www.steelprices-india.com)

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
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