The Indian Long Product Price Index ILPPI dropped by 35 points on October 7th 2009 whereas Indian Flat Product Price Index IFPPI went down by 24 points. The overall Indian Steel Price Index INDSPI decreased by 29 points.
Class 06-Oct 07-Oct Change %
ILPPI 6198 6163 -35 -0.6%
IFPPI 7527 7504 -24 -0.3%
INDSPI 6831 6802 -29 -0.4%
PPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
Category 06-Oct 07-Oct Change %
PI - TMT 5894 5845 -49 -0.8%
PI - WRC 6716 6696 -19 -0.3%
PI - Angle 5892 5842 -50 -0.9%
PI - Channel 5951 5907 -44 -0.7%
PI - Joist 5532 5515 -17 -0.3%
PI - Product Index
Flat Products
Category 06-Oct 07-Oct Change %
PI - Narrow Plates 7211 7176 -34 -0.5%
PI - Wide Plates 7277 7242 -34 -0.5%
PI - Hot Rolled 7354 7338 -16 -0.2%
PI - Cold Rolled 8151 8112 -39 -0.5%
PI - Galvanized 7991 7978 -13 -0.2%
PI - Product Index
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(Sourced from www.steelprices-india.com)
Wednesday, October 7, 2009
Indian steel price index reflects no signs of recovery as of now
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