News
Monday Market Monitor - India (WEEK 05) - Divergent trend - 08 Feb, 2010
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

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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

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(Sourced from www.steelprices-india.com)




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Price Index - MEA
  Mar-11 Mar-10
MLPPI 4000 3948 Up
MFPPI 5607 5471 Up
MEASPI 4487 4409 Up
Currency Rates
19 Mar, 2010
USD 1.0000
AUD 1.0858
BRL 1.7920
CAD 1.0147
CNY 6.8263
EUR 0.7342
GBP 0.6561
INR 45.2500
JPY 90.4585
RUB 29.2550
ZAR 7.3195
Source: http://www.xe.com
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