Announcement

Sunday, July 12, 2009

Monday Market Monitor - India (WEEK 28) - Long product slide continues

Indian Steel Prices shows mild correction during last week. The Indian Long Product Price Index ILPPI slid by 75 points, whereas the Indian Flat Products Index IFPPI improved by a modest 30 points. The overall price index INDSPI dipped by 25 points.


Class 03-Jul 10-Jul Change
ILPPI 6336 6261 -75
IFPPI 6949 6978 30
INDSPI 6628 6602 -25

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

Long Products

Category 03-Jul 10-Jul Change
PI - TMT 6022 5932 -91
PI - WRC 6913 6846 -67
PI - Angle 5951 5886 -64
PI - Channel 5959 5919 -40
PI - Joist 5594 5518 -76


Flat products

Category 03-Jul 10-Jul Change
PI - Narrow Plates 6503 6520 17
PI - Wide Plates 6771 6773 2
PI - Hot Rolled 6777 6829 51
PI - Cold Rolled 7570 7611 41
PI - Galvanized 7476 7400 -76


PI - Product Index

To know more about these indices please visit
http://www.steelguru.com/news/index/2009/07/13/MTAxODc1/Monday_Market_Monitor_-_India_%2528WEEK_28%2529_-_Long_product_slide_continues.html

0 comments:

Post a Comment

Rss

Share

Delicious Digg Stumbleupon Favorites More