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News - 23 Apr, 2014
1. Chinese steel price index on April 22 - 23 Apr, 2014Top
The Chinese Long Product Price Index CLPPI has declined by 14 points, whereas the Chinese Flat Products Index CFPPI has also declined by 10 points. The overall price index CHISPI has gone down by 11 points.

Class21/04/1422/04/14Change%
CLPPI59265912-14-0.24%
CFPPI55215511-10-0.18%
CHISPI56965685-11-0.19%

CLPPI – Chinese Long Product Price Index
CFPPI – Chinese Flat Product Price Index
CHISPI – Chinese Steel Price Index

Long Products
Category21/04/1422/04/14Change%
PI-WRC58815870-11-0.19%
PI-Rebar59815963-18-0.30%

PI- Product Index

Flat Products
Category21/04/1422/04/14Change%
PI-PLTS49784973-5-0.10%
PI-HR55525536-16-0.29%
PI-CR56945691-3-0.05%
PI-GP5905590610.02%

PI- Product Index

To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

2. Chinese domestic steel rebar price movement on April 22 - 23 Apr, 2014Top
Rebar
20mm
HRB 400
LocationIn CNYIn USD
Shanghai-40-6
Hangzhou-10-2
Nanjing-30-5
Wuxi-20-3
Jinan00
Hefei-50-8
Fuzhou00
Nanchang-20-3
Guangzhou-20-3
Nanning-10-2
Changsha00
Wuhan-10-2
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin-20-3
Chongqing-20-3
Chengdu-10-2
Guiyang00
Kunming00
Xian-10-2
Lanzhou00
Urumchi00
Average-10-2

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

3. Chinese domestic steel wire rod price update on April 22 - 23 Apr, 2014Top
WRC
6.5mm
High Speed
LocationIn CNYIn USD
Shanghai-20-3
Hangzhou00
Nanjing-20-3
Wuxi-10-2
Jinan-10-2
Hefei-30-5
Fuzhou00
Nanchang-20-3
Guangzhou-20-3
Nanning-10-2
Changsha00
Wuhan-10-2
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang-10-2
Taiyuan00
Shenyang00
Changchun00
Harbin00
Chongqing-20-3
Chengdu00
Guiyang00
Kunming00
Xian-10-2
Lanzhou00
Urumchi00
Average-7-1

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

4. Chinese domestic steel Angle price on April 22 - 23 Apr, 2014Top
Angle
#5
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing-130-21
Wuxi-70-11
Jinan-10-2
Hefei00
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin-10-2
Baotou00
Shijiazhuang-20-3
Taiyuan-20-3
Shenyang-20-3
Changchun-20-3
Harbin-20-3
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-11-2

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

5. Chinese domestic steel channel price update on April 22 - 23 Apr, 2014Top
Channel
#16
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing-100-16
Wuxi00
Jinan-10-2
Hefei00
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin-10-2
Baotou00
Shijiazhuang-20-3
Taiyuan-20-3
Shenyang-20-3
Changchun-20-3
Harbin-20-3
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-8-1

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

6. Chinese domestic steel beam price scenario on April 22 - 23 Apr, 2014Top
Beam
#25
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing-40-6
Wuxi00
Jinan-10-2
Hefei00
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin-10-2
Baotou00
Shijiazhuang-20-3
Taiyuan-20-3
Shenyang-20-3
Changchun-20-3
Harbin-20-3
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-6-1

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)


7. Chinese domestic HR steel prices as on April 22 - 23 Apr, 2014Top
HRC
5.75mm
Common
LocationIn CNYIn USD
Shanghai-10-2
Hangzhou-10-2
Nanjing00
Wuxi-10-2
Jinan00
Hefei-10-2
Fuzhou00
Nanchang-10-2
Guangzhou-20-3
Nanning-20-3
Changsha00
Wuhan-10-2
Zhengzhou-10-2
Beijing-20-3
Tianjin-20-3
Baotou00
Shijiazhuang00
Taiyuan-20-3
Shenyang-20-3
Changchun-10-2
Harbin00
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian-30-5
Lanzhou00
Urumchi00
Average-8-1

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

8. Chinese domestic steel plate price movement on April 22 - 23 Apr, 2014Top
Plates
20mm
Common
LocationIn CNYIn USD
Shanghai-10-2
Hangzhou-10-2
Nanjing-10-2
Wuxi-10-2
Jinan-10-2
Hefei-10-2
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou-10-2
Beijing00
Tianjin00
Baotou00
Shijiazhuang-10-2
Taiyuan-20-3
Shenyang00
Changchun00
Harbin00
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-4-1

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

9. Chinese domestic narrow HR strip price remain flat on April 22 - 23 Apr, 2014Top
HR Strip
235*2.75
LocationIn CNYIn USD
Shanghai-20-3
Hangzhou-30-5
Wuxi-20-3
Guangzhou-20-3
Tianjin-20-3
Tangshan-30-5
Shenyang00
Harbin00
Chongqing00
Chengdu00
Kunming00
Guiyang00
Average-12-2

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

10. Chinese domestic CR steel price update on April 22 - 23 Apr, 2014Top
CR
1mm
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing-30-5
Wuxi00
Jinan00
Hefei-20-3
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin00
Chongqing-20-3
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-30

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

11. Chinese domestic galvanized steel HDG price remain flat on April 22 - 23 Apr, 2014Top
HDG
0.5mm
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan-20-3
Boxing-20-3
Fuzhou00
Nanchang00
Guangzhou00
Wuhan00
Zhengzhou00
Beijing00
Tianjin508
Shenyang00
Harbin00
Chongqing00
Chengdu00
Xian00
Average10

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

12. Chinese domestic steel billet price movement on April 22 - 23 Apr, 2014Top
Billets
150*150
Q235
LocationIn CNYIn USD
Shanghai-20-3
Jiangsu-20-3
Shandong-20-3
Fujian-20-3
Guangdong-20-3
Henan-20-3
Hebei-20-3
Shanxi-10-2
Liaoning-20-3
Yunnan-20-3
Average-19-3

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

13. Chinese domestic pig iron price remain flat on April 22 - 23 Apr, 2014Top
Pig Iron
Z18-22
Foundr
LocationIn CNYIn USD
Shanghai00
Jiangsu00
Shandong00
Shanxi-20-3
Guangdong00
Henan00
Hebei00
Heilongjiang00
Liaoning00
Yunnan00
Guizhou00
Average-20

Change is on 22nd April 2014 as compared to 21st April 2014
Change is per tonne
USD:CNY = 6.298

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

Sourced - www.steelprices-china.com, Steel Guru

(www.steelguru.com)

14. Iran steel market trend in week 16th - Long Products - 23 Apr, 2014Top
Long products prices were upward by beginning of last week in Iran but stopped on Monday, waiting for new offers at IME. By Wednesday after offered prices at IME improved, prices were up at retail market too.

Debar diameter 14 mm to 25 mm was around USD 750 per MT ex work including 8% VAT. I-beam and other sections prices were also upward.

Market participants believe that current prices are the bottom level, so try to purchase before freight rate increase. At the moment purchases are mostly just for stockpiling. This policy will control inflation rate. When freight rates rise, these inventories will come to the market and would stabilize prices.

Source - IR Steel

(www.steelguru.com)

15. Turkey\'s chrome ore exports up in February - 23 Apr, 2014Top
According to data released by the Turkish Statistical Institute, Turkey’s chrome ore exports totaled 156,500 tonnes in February, soaring by 6.56% from a month ago and decreasing by 4.65% YoY.

The country’s export revenues generated by chrome ore totaled USD 36.32 million in February up by 11.16% YoY. In the first two months of this year, Turkey’s chrome ore exports amounted to 303,000 tonnes falling by 18.9% YoY.

In the given period of time, the country’s export revenues generated by chrome ore were at USD 69.48 million, decreasing by 7.97% YoY.

Source - style="color:#003366">www.yieh.com)

(www.steelguru.com)

16. Drop in steel scrap levels and inventory build up slumps ingot price levels in India - 23 Apr, 2014Top
In a sudden break from the past long steel market corrected across the country. Remarkable rally witnessed over the past 1 month was destined to ebb sooner rather than later. Demand fundamentals remained deceptive in the best of times. In a cost centric rally which revolved around inflation in scrap prices by USD 50 per tonne rally was unprecedented after the festival (Holi). Low ingot inventory coupled with anticipated demand from construction kindled buying leading rally of nearly INR 1000 per tonne in pencil ingot and TMT.

However international scrap levels (USD 10-15 per tonne) in the last fortnight and stock replenishment of TMT as well as pencil ingot with end-user and re-rollers has led to stagnancy in buying recently . It is learnt that most of the TMT manufacturers have already commenced offering upto INR 500 per tonne less. Pencil ingot price levels slumped by upto INR 400 per tonne.

As country passes through the thick of General Election demand will remain under pressure due to slow commercial and economic activity and logistical bottlenecks.

As the inventory piles up with the primary and secondary mills the former will shift focus to more sales through retail outlets since demand from infrastructure project is slow.

However the current phase of correction will be short lived in all likelihood since buying at high price levels by the stockists traders will compel them resist correction lest suffer loses.

Steel Scrap
LocationChange
Mumbai-200
Chennai-100
Kolkata-100
Mandi-300
Kandla-400
Kanpur-100
Rudrapur-200
Hyderabad-300
Ludhiana-100

Change is on 22nd April 2014 as compared to 21st April 2014
Change in INR per tonne

Pencil Ingot
ChennaiChange
Mumbai-200
Chennai0
Kolkata-400
Mandi-400
Raipur-300
Alang-300
Kanpur0
Rudrapur0
Ahmedabad0
Ghaziabad-350
Muzaffarnagar-300
Hyderabad-300
Raigarh-200
Durgapur-300
Nagpur0
Jamshedpur-300
Jaipur-400
Rourkela-300
Bhiwari-400
Ludhiana-363

Change is on 22nd April 2014 as compared to 21st April 2014
Change in INR per tonne

Source - Strategic Research Institute, Steel Guru

(www.steelguru.com)

17. Indian steel price index on April 22 - 23 Apr, 2014Top
The Indian Long Product Price Index ILPPI has declined by 2 points. whereas Indian Flat Product price index IFPPI has inclined by 2 points. The overall Indian Steel Price Index INDSPI has remained stable.

Class21-Apr22-AprChange%
ILPPI90419039-20.00%
IFPPI9129913120.00%
INDSPI9086908600.00%

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

Long Products
Category21-Apr22-AprChange%
PI - TMT91009114140.20%
PI - WRC91919175-16-0.20%
PI - Angle86858681-40.00%
PI - Channel87428734-8-0.10%
PI - Joist80288020-8-0.10%

PI – Product Index

Flat Products
Category21-Apr22-AprChange%
PI - Narrow Plates8588858800.00%
PI - Wide Plates8858885800.00%
PI - Hot Rolled8677867700.00%
PI - Cold Rolled9789978900.00%
PI - Galvanized98489867190.20%

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

You can also get ILPPI, IFPPI and INDSPI as SMS alert on mobile by submitting your details at http://steelprices-india.com/smsalert

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

18. Steel plate cuttings prices at Alang on April 22 - 23 Apr, 2014Top
ProductGradeSizeChange
Plate cuttingsRolling1"-300
Ship ScrapMeltingMixed-100

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

19. Steel melting scrap price on April 22 - 23 Apr, 2014Top
Melting scrap
80:20
HMS
LocationChange
Bangalore0
Chennai0
Hyderabad0
Kandla-400
Kanpur0
Kolkata0
Ludhiana181
Mandi-300
Mumbai0
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

20. Sponge iron price on April 22 - 23 Apr, 2014Top
Sponge iron
LocationChange
Bellary200
Kolkata-200
Ludhiana0
Raigarh-150
Raipur-250
Rourkela-200

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

21. Pig iron price on April 22 - 23 Apr, 2014Top
Pig iron
Foundry Grade
LocationChange
Agra356
Jallandhar357
Kolkata0
Ludhiana0
Raipur300

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

22. Pencil ingot price movement in major places on April 22 - 23 Apr, 2014Top
Pencil ingot
ChennaiChange
Ahmedabad0
Alang-300
Bhiwari-400
Chennai0
Durgapur-300
Ghaziabad-350
Hyderabad-300
Jaipur-400
Jamshedpur-300
Ludhiana-363
Kanpur0
Kolkata-400
Mandi-400
Mumbai-200
Muzaffarnagar-300
Nagpur0
Raigarh-200
Raipur-300
Rourkela-300
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

23. Rebar TMT QST price movement in India on April 22 - 23 Apr, 2014Top
TMT
Fe 500
12mm
LocationChange
Ahmedabad0
Bangalore0
Chennai0
Delhi453
Hyderabad-354
Indore0
Kanpur0
Kolkata300
Ludhiana0
Mandi0
Mumbai-236
Raipur-118
Rudrapur0
Muzaffarnagar0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

24. Steel wire rod prices on April 22 - 23 Apr, 2014Top
WRC
SWR14
5.5/6
LocationChange
Chennai0
Delhi0
Kanpur0
Kolkata0
Raipur-259
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

25. Steel angle prices on April 22 - 23 Apr, 2014Top
ANGL
GR A
65X6
LocationChange
Ahmedabad0
Bangalore0
Chennai0
Delhi0
Indore0
Kanpur0
Kolkata0
Ludhiana209
Mandi331
Mumbai-236
Raipur-315
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

26. Steel light channel prices on April 22 - 23 Apr, 2014Top
CHNL
GR A
75/100
LocationChange
Ahmedabad0
Bangalore0
Chennai0
Delhi0
Indore0
Kanpur0
Kolkata0
Ludhiana105
Mandi110
Mumbai-236
Raipur-315
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

27. Steel joist I Beam prices scenario in major places on April 22 - 23 Apr, 2014Top
JSTI
GR A
250X125
LocationChange
Ahmedabad0
Bangalore0
Chennai0
Delhi0
Indore0
Kanpur0
Kolkata0
Ludhiana209
Mandi110
Mumbai-236
Raipur-315
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

28. Patra Narrow HR steel strips price on April 22 - 23 Apr, 2014Top
Patra
LocationChange
Delhi0
Ludhiana181
Mandi100

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

29. CR steel price movement on April 22 - 23 Apr, 2014Top
CR
DSK
0.63
LocationChange
Ahmedabad0
Bangalore0
Chennai0
Delhi0
Kanpur0
Kolkata0
Ludhiana-90
Mumbai0
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

30. GP steel HDG price on April 22 - 23 Apr, 2014Top
GP
100Gms
0.40
LocationChange
Mumbai0
Chennai0
Kolkata0
Delhi516
Ludhiana-90
Kanpur0
Rudrapur0
Bangalore0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

To know more details on steel prices subscribe to services of www.steelprices-india.com by registering or send a mail to admin@steelprices-india.com with contact details Kindly note that this is a paid service.

Source - Steel Price India, Steel Guru

(www.steelguru.com)

31. GC steel HDG price on April 22 - 23 Apr, 2014Top
GC
100Gms
0.40
LocationChange
Bangalore0
Chennai0
Delhi343
Kanpur0
Kolkata0
Ludhiana0
Mumbai0
Rudrapur0

Change is on 22nd April 2014 as compared to 21st April 2014
Change is in INR per tonne

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Source - Steel Price India, Steel Guru

(www.steelguru.com)

32. Global crude steel production in Q1 crosses 400 million tonne mark - 23 Apr, 2014Top
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million tonnes in March 2014, an increase of 2.7% compared to March 2013.

RegionMar'13Mar'14Q1'13Q1'14
Total 65 countries135202141335389740404030
Asia9045095306260761272336
European Union (28)14377153874105443832
North America10160103292966729919
CIS (6)942792432711726315
South America385938591097110918
Other Europe3109305288459017
Middle East2135233961676497
Africa1219133137423822
Oceania46548914141374

In ’00- tonnes
Worldsteel

The crude steel capacity utilisation ratio for the 65 countries in March 2014 was 79.0% and it is 0.4 percentage points lower than March 2013. Compared to February 2014, it is 1.4 percentage points higher.

Source - Strategic Research Institute, Steel Guru

(www.steelguru.com)

33. Latin American steel value chain increase its trade deficit with Turkey - 23 Apr, 2014Top
The steel value chain of Latin America increased its trade deficit with Turkey by 55% in 2013. This is mainly due to a drop in the revenues generated by raw material’s exports and of the increase in finished steel imports.

These are some of the conclusions of the recently published Latin America Turkey Foreign Trade Year book, a study conducted by Alacero, the Latin American Steel Association that was rooted in the interest of the regional industry in understanding the increasing importance of Latin America as a preferred exports destination for the Turkish steel sector.

Latin America and Turkey Trade Balance In American Dollars;


201120122013
Raw materials680300053686105015390603637
Finished steel-710074420-836679655-770671392
Indirect steel trade-102252049-240899562-226541119
Total value chain-132026

In 2013, Turkey exported 1.26 million tonnes of finished steel to Latin America. This volume was 1% smaller than 2012, a year that registered a high increase of 20% versus 2011, growing from 1.06 to 1.27 million tonnes of finished steel. Among 2013 exports to Latin America, rebar represented 71% of the flow.

Latin America represents little less than 5% of the global finished steel consumption. However, in 2013 it accounted for 9% of the total finished steel exports of Turkey which clearly states how attractive the region has turned for this country.

This fact is more evident when long steel is considered, since these products concentrate almost 100% of the trade flow from Turkey to the region. Latin America imported about 6 million tonnes of long steel products from all over the world in 2013; 20% of these came from Turkey. Turkish products share in the construction market can also noticed in its exports to the region of steel profiles and constructive parts (included in Chapter 73 of the ASC), although with very reduced volumes.

The main destinations for Turkish products were Brazil (that received 351,780 tonnes in 2013), Peru (287,025 tonnes) and Central America (232,853 tonnes). The rest of the countries received less than 90,000 tonnes. However, it is worth noticing that Turkish products arrived to all countries in Latin America.

In the case of steel containing products (steel indirect trade), the trade relationship between both markets is not very important and shows an equilibrated trade balance in terms of volume. Turkey is a net importer of Latin American raw materials for steel production. In 2013, it imported almost 10 million tons of these products: 7 million tons of coal from Colombia and 3 million tons of iron ore form Brazil.

Source - Strategic Research Institute, Steel Guru

(www.steelguru.com)

34. Crude steel production in Q1 of 2014 - Top 25 Countries - 23 Apr, 2014Top
 
CountryMar'13Mar'14YoYQ1'13Q1'14YoY
1China66293702506.00%1917452010534.90%
2Japan945397292.90%26637275753.50%
3United States733974050.90%21506215360.10%
4India698072503.90%20421207521.60%
5South Korea566761278.10%16574174485.30%
6Russia596860281.00%17182171940.10%
7Germany381440456.10%10814112824.30%
8Turkey29722845-4.30%84738434-0.50%
9Brazil284828901.50%821182370.30%
10Ukraine28722650-7.70%83827533-10.10%
11Italy218823597.80%606566329.30%
12Taiwan, China20571950-5.20%538455082.30%
13Mexico1597176510.50%457150089.60%
14France133713934.20%397840942.90%
15Iran1215139514.80%352537967.70%
16Spain120712574.10%328835618.30%
17UK1018113411.40%2720323018.80%
18Canada11311050-7.20%32753050-6.90%
19Poland68176011.60%1922216612.70%
20Austria64070610.30%194320093.40%
21Belgium645570-11.60%183318621.60%
22Netherlands39964361.20%1451178723.20%
23South Africa50861521.10%1588178512.40%
24Egypt5205352.90%17081534-10.20%
25Saudi Arabia4684680.00%136814254.20%

In ’00- tonnes
Worldsteel

Source - Strategic Research Institute, Steel Guru

(www.steelguru.com)
Round_corner2
Price Index - MEA
  Jan-23 Jan-16
MLPPI 4680 4680 Same
MFPPI 4899 4899 Same
MEASPI 4746 4746 Same
Currency Rates
23 Apr, 2014
USD 1.0000
AUD 1.0769
BRL 2.2398
CAD 1.1031
CNY 6.2432
EUR 0.7236
GBP 0.5941
INR 61.0087
JPY 102.5444
RUB 35.7243
ZAR 10.5481
Source: http://www.xe.com
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