The Indian Long Product Price Index ILPPI dropped by 60 points on October 12th 2009 whereas Indian Flat Product Price Index IFPPI went up by just 1 point. The overall Indian Steel Price Index INDSPI decreased by 31 points.
Class 09-Oct 12-Oct Change %
ILPPI 6132 6072 -60 -1.0%
IFPPI 7493 7494 1 0.0%
INDSPI 6780 6749 -31 -0.5%
IPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
Category 09-Oct 12-Oct Change %
PI - TMT 5795 5770 -25 -0.4%
PI - WRC 6680 6585 -95 -1.4%
PI - Angle 5823 5767 -55 -1.0%
PI - Channel 5890 5820 -71 -1.2%
PI - Joist 5490 5427 -63 -1.1%
PI - Product Index
Flat Products
Category 09-Oct 12-Oct Change %
PI - Narrow Plates 7148 7148 0 0.0%
PI - Wide Plates 7247 7247 0 0.0%
PI - Hot Rolled 7346 7346 0 0.0%
PI - Cold Rolled 8072 8072 0 0.0%
PI - Galvanized 7917 7927 10 0.1%
PI - Product Index
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(Sourced from www.steelprices-india.com)
Monday, October 12, 2009
Indian steel price index reflects major weakness in longs
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