Indian price indices reflect same trend

The Indian Long Product Price Index ILPPI went up by 68 points whereas Indian Flat Product Price Index IFPPI went down by 14 points. The overall Indian Steel Price Index INDSPI went up by 29 points.


Class 10-Dec 11-Dec Change %

ILPPI 6023 6091 68 1.1%

IFPPI 7063 7049 -14 -0.2%

INDSPI 6518 6547 29 0.4%


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

Long Products


Category 10-Dec 11-Dec Change %

PI - TMT 5771 5872 101 1.7%

PI - WRC 6514 6552 38 0.6%

PI - Angle 5685 5771 86 1.5%

PI - Channel 5703 5767 65 1.1%

PI - Joist 5324 5358 34 0.6%


PI - Product Index

Flat Products


Category 10-Dec 11-Dec Change %

PI - Narrow Plates 6689 6671 -18 -0.3%

PI - Wide Plates 6839 6821 -19 -0.3%

PI - Hot Rolled 6903 6875 -27 -0.4%

PI - Cold Rolled 7642 7669 27 0.4%

PI - Galvanized 7577 7568 -9 -0.1%


PI - Product Index

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Qatari Emir wants natural gas prices linked to oil

AP cited Mr Sheikh Hamad bin Khalifa Al Thani Qatar’s ruler as saying that natural gas prices are too low and wants them to be linked to the price of crude oil.

Mr Al Thani told a meeting of gas exporting nations in the Qatari capital that oil’s rebound this year after it

Sourse: More Info

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Pencil ingot price surges in major places on Dec 11

Pencil ingot


Location Change

Ahmedabad 300

Bhiwari 200

Durgapur 508

Ghaziabad 300

Hyderabad 700

Jaipur 300

Jamshedpur 0

Kanpur 0

Kolkata 0

Mandi 462

Mumbai 0

Muzzafarnagar 489

Nagpur 277

Raigarh 0

Raipur 277

Rourkela 462

Rudrapur 0


Change is on December 11th as compared to December 10th 2009
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. For registration click or copy the link and paste it to your internet explorer address bar http://steelprices-india.com/spi_services/terms_of_use_for_registration.html

(Sourced from www.steelprices-india.com)

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ALANQA to manufacture commercial military and passenger vehicles

Khaleej Times reported that a company has been set up in Abu Dhabi to manufacture next generation commercial, military and passenger vehicles.

As per repot, the company named ALANQA will design, manufacture and sell the vehicles in the country as well as export them to other regional

Sourse: More Info

Read More

ALANQA to manufacture commercial military and passenger vehicles

Khaleej Times reported that a company has been set up in Abu Dhabi to manufacture next generation commercial, military and passenger vehicles.

As per repot, the company named ALANQA will design, manufacture and sell the vehicles in the country as well as export them to other regional

Sourse: More Info

Read More