Jaway Stainless Steel

Monday Market Monitor - India - WEEK 25 - Gloomy days

The Indian domestic steel market has been witnessing very weak trends and seems to be on a correction course with all the negative factors converging on the anvil of monsoon.

The Indian Long Product Price Index ILPPI has gone down by 57 points last week whereas Indian Flat Products Index IFPPI also has gone down by 31 points. The overall price index INDSPI declined by 45 points.

Class 17-Jun 24-Jun Change %
ILPPI 8346 8289 -57 -0.7%
IFPPI 8696 8666 -31 -0.4%
INDSPI 8513 8468 -45 -0.5%


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

Long Products

Category 17-Jun 24-Jun Change %
PI - TMT 8329 8269 -60 -0.7%
PI - WRC 8661 8601 -60 -0.7%
PI - Angle 7955 7879 -76 -1.0%
PI - Channel 7954 7927 -27 -0.3%
PI - Joist 7440 7401 -39 -0.5%


PI - Product Index

Flat products

Category 17-Jun 24-Jun Change %
PI - Narrow Plates 8219 8186 -33 -0.4%
PI - Wide Plates 8616 8549 -66 -0.8%
PI - Hot Rolled 8405 8384 -21 -0.3%
PI - Cold Rolled 9576 9544 -32 -0.3%
PI - Galvanized 9337 9297 -39 -0.4%


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 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

Location Change
Bangalore -1%
Chennai 0%
Hyderabad 0%
Kandla -5%
Kanpur -2%
Kolkata 0%
Ludhiana -1%
Mandi 1%
Mumbai -2%
Rudrapur -3%


Change is on June 24th as compared to 17th June 2011

Alang

Product Size Change
Plate cuttings 1" -1%
Ships Mixed -1%


Change is on June 24th as compared to 17th June 2011

Pencil ingot

Location Change
Ahmedabad -2%
Alang 0%
Bhiwari 0%
Chennai 0%
Durgapur -1%
Ghaziabad 0%
Hyderabad 0%
Jaipur 0%
Jamshedpur -1%
Kanpur -2%
Kolkata -2%
Ludhiana -3%
Mandi -1%
Mumbai -3%
Muzaffarnagar 0%
Nagpur 0%
Raigarh 0%
Raipur -1%
Rourkela -1%
Rudrapur -2%


Change is on June 24th as compared to 17th June 2011

Pig Iron

Location Change
Agra 1%
Jallandhar 1%
Kolkata 2%
Ludhiana -4%
Raipur 2%


Change is on June 24th as compared to 17th June 2011

Sponge iron

Location Change
Bellary -3%
Kolkata 0%
Ludhiana 1%
Raigarh 0%
Raipur 0%
Rourkela 1%


Change is on June 24th as compared to 17th June 2011

2. Long products

Rebar (TMT QST)
Fe 415
12mm

Location Change
Ahmedabad -1%
Bangalore 0%
Chennai 0%
Delhi -1%
Indore -2%
Kanpur -1%
Kolkata 0%
Ludhiana -1%
Mandi -1%
Mumbai -3%
Muzaffarnagar -1%
Raipur 0%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

WRC
SWR14
5.5/6

Location Change
Chennai 0%
Delhi -1%
Kanpur -2%
Kolkata -1%
Raipur 0%
Rudrapur -2%


Change is on June 24th as compared to 17th June 2011

ANGL
Grade A
65X65X6

Location Change
Ahmedabad -1%
Bangalore 1%
Chennai 0%
Delhi -1%
Indore -2%
Kanpur -1%
Kolkata -1%
Ludhiana -2%
Mandi -1%
Mumbai -3%
Raipur 0%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

CHNL
Grade A
75/40

Location Change
Ahmedabad -1%
Bangalore 1%
Chennai 0%
Delhi -1%
Indore -2%
Kanpur 0%
Kolkata 0%
Ludhiana -1%
Mandi -1%
Mumbai -3%
Raipur 0%
Rudrapur 1%


Change is on June 24th as compared to 17th June 2011

JSTI
Grade A
250X125

Location Change
Ahmedabad 0%
Bangalore 0%
Chennai 0%
Delhi -1%
Indore -1%
Kanpur -1%
Kolkata 0%
Ludhiana -1%
Mandi -1%
Mumbai -3%
Raipur 0%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

3. Flat products

HRC
Tube
2.5x1250

Location Change
Ahmedabad 0%
Bangalore 0%
Chennai 0%
Delhi 0%
Indore 0%
Kolkata -1%
Ludhiana -2%
Mumbai 0%


Change is on June 24th as compared to 17th June 2011

Patra

Location Change
Delhi -1%
Ludhiana -2%
Mandi -1%


Change is on June 24th as compared to 17th June 2011

Plates
Grade A
8X1250/1500

Location Change
Chennai 0%
Delhi 0%
Kanpur 0%
Kolkata -1%
Mumbai 0%
Rudrapur 0%


Change is on June 24th as compared to 17th June 2011

Plates
GRADE B
12-20X2500

Location Change
Ahmedabad -1%
Bangalore -1%
Chennai 0%
Delhi 0%
Indore 0%
Kanpur 0%
Kolkata -1%
Mumbai 0%
Raipur -2%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

CR
DSK
0.63x1000

Location Change
Ahmedabad 0%
Chennai 0%
Delhi 0%
Kanpur 0%
Kolkata -1%
Ludhiana -1%
Mumbai 0%
Pune 0%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

GP
100Gms
0.4

Location Change
Mumbai 0%
Chennai 0%
Kolkata -1%
Delhi 0%
Ludhiana 0%
Kanpur 0%
Rudrapur -1%
Bangalore 0%


Change is on June 24th as compared to 17th June 2011

GC
100Gms
0.4

Location Change
Bangalore 0%
Chennai 0%
Delhi 0%
Kanpur 0%
Kolkata -1%
Mumbai 0%
Ludhiana 1%
Rudrapur -1%


Change is on June 24th as compared to 17th June 2011

www.steelprices-india.com is a comprehensive portal that provides domestic pricing information for benchmark steel products in each category at select location in India on a regular basis 5 days a week and international price levels on a weekly basis.

Products covered
1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms
2. Long products - Rebar, wire rod, angle, channel and joists
3. Flat products - Narrow plates, wide plates, HR, CR and galvanized
4. Others - Pipes
5. FOB Levels - China, Ukraine, Russia and Turkey

Subscription charges for 12 months access

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