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Monday Market Monitor - India (WEEK 34) - Flats buoyant
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Monday, 24 Aug 2009
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Indian domestic steel prices remained stagnant last week. The Indian Long Product Price Index ILPPI reduced by 12 points whereas Indian Flat Products Index IFPPI improved by 34 points. The overall price index INDSPI improved by 10 points.

Class14-Aug21-AugChange%
ILPPI61076095-12-0.2%
IFPPI70887122340.5%
INDSPI65746584100.1%


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

Long Products

Category14-Aug21-AugChange%
PI - TMT57385728-10-0.2%
PI - WRC67566743-13-0.2%
PI - Angle56725645-27-0.5%
PI - Channel57185711-7-0.1%
PI - Joist53385330-8-0.2%


PI - Product Index

Flat products

Category14-Aug21-AugChange%
PI - Plates6820682770.1%
PI - Hot Rolled69546995400.6%
PI - Cold Rolled76387664260.3%
PI - Galvanized74237500781.0%


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 - Mixed movement

Iron ore
Burbil

Type Grade SizeChange
IOS - SecondaryBF10-40250
IOS-PrimaryFe 63%5-18350
Iron ore - BFFe 65%10-40-450
Iron ore - FinesFe 63%Fines100


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Sponge iron

LocationChange
Raipur200
Kolkata0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Pig Iron
Foundry grade

LocationChange
Raipur-400
Kolkata0
Jallandhar647
Agra739


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Pig Iron
Steel grade

LocationChange
Raipur-400
Kolkata0
Jallandhar647
Agra739


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Melting scrap
80:20
HMS

LocationChange
Chennai300
Kandla-89
Mumbai1000
Mandi-370
Kolkata711
Kanpur0
Rudrapur-267
Hyderabad0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Alang

TypeGradeSizeChange
ShipsMeltingMixed1100
Plate cuttingsRolling1”400


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Pencil ingot

LocationChange
Mumbai300
Mandi-277
Raipur-444
Kolkata888
Kanpur-89
Rudrapur0
Ahmedabad200
Ghaziabad200
Muzzafarnagar-178
Hyderabad0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

2. Long products - Decline restarts

TMT
Fe 415
12mm

Chennai0
Mumbai0
Mandi-208
Kolkata216
Delhi-535
Kanpur-200
Rudrapur-600
Ahmedabad338
Indore-100
Bangalore-200
Hyderabad0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

WRC
SWR14
5.5/6

LocationChange
Chennai0
Raipur-178
Kolkata288
Delhi0
Kanpur-355
Rudrapur-267


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

ANGL
65x6
GRA

LocationChange
Chennai0
Mumbai0
Mandi104
Raipur0
Kolkata0
Delhi-104
Kanpur-200
Rudrapur-200
Ahmedabad-450
Bangalore-500
Indore-100


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

CHNL
75/100
GRA

LocationChange
Chennai0
Mumbai0
Mandi104
Raipur0
Kolkata541
Delhi-104
Kanpur-400
Rudrapur0
Ahmedabad-450
Bangalore-300
Indore500


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

JSTI
250x125
GRA

LocationChange
Chennai0
Mumbai0
Mandi312
Raipur-312
Kolkata0
Delhi312
Kanpur0
Rudrapur-200
Ahmedabad0
Bangalore-500
Indore100


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

3. Flat products - Steady performance

HRC
Tube
2.5x1250

LocationChange
Chennai0
Mumbai1386
Ludhiana185
Kolkata0
Delhi0
Ahmedabad185
Bangalore-444
Indore1066


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

HRC
Cold rolling grade

LocationChange
Ludhiana277
Kolkata0
Delhi0
Kanpur0
Rudrapur0
Bangalore-444


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

Patra

LocationChange
Ludhiana-92
Mandi92
Delhi92


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

PLTS
GRA
8x1.5

LocationChange
Indore800
Chennai0
Mumbai1386
Kolkata0
Delhi0
Kanpur267
Rudrapur178
Ahmedabad185
Bangalore-888
Chennai0
Mumbai1386
Kanpur444
Rudrapur267


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

PLTS
GRB
12-20x2.5

LocationChange
Chennai0
Mumbai0
Raipur-444
Kolkata0
Delhi0
Kanpur355
Rudrapur355
Ahmedabad0
Bangalore0
Indore888


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

CR
DSK
0.63x1000

LocationChange
Chennai0
Mumbai462
Pune462
Kolkata0
Delhi0
Kanpur355
Rudrapur267
Ahmedabad0
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

CR
DSK
0.8x1250

LocationChange
Chennai0
Mumbai462
Pune462
Kolkata0
Delhi0
Kanpur355
Rudrapur267
Ahmedabad0
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

GP
100gms
0.4

LocationChange
Chennai0
Mumbai1555
Ludhiana370
Kolkata0
Delhi0
Kanpur0
Rudrapur533
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

GP
100gms
0.63

LocationChange
Chennai0
Mumbai1777
Ludhiana462
Kolkata0
Delhi0
Kanpur0
Rudrapur533
Indore977
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

GP
100gms
0.8

LocationChange
Chennai0
Mumbai1999
Kanpur0
Rudrapur533


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

GC
100Gms
0.4

LocationChange
Chennai0
Mumbai1333
Ludhiana370
Kolkata0
Delhi0
Kanpur0
Rudrapur1155
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

GC
100Gms
0.63

LocationChange
Chennai0
Mumbai1333
Ludhiana554
Kolkata0
Kanpur0
Rudrapur444
Indore1066
Bangalore0


Change is on August 21st 2009 as compared to August 14th 2009
Change is in INR per tonne

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(Sourced from www.steelprices-india.com)

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