News
Monday Market Monitor - China (WEEK 05) - Post Lunar Holiday hopes - 08 Feb, 2010
The steel prices remained stagnant in China last week. The Chinese Long Product Price Index CLPPI lost mare 8 points whereas the Chinese Flat Products Index CFPPI lost 7 points. The overall price index CHISPI decreased by 8 points.
Class29-Jan05-FebChange%
CLPPI61656157-8-0.1%
CFPPI63626355-7-0.1%
CHISPI62776269-8-0.1%

CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index

Long Products
Category29-Jan05-FebChange%
PI-WRC53775367-10-0.2%
PI-Rebar71197113-5-0.1%

PI - Product Index

Flat Products
Category29-Jan05-FebChange%
PI-PLTS55825581-10.0%
PI-HR62046198-5-0.1%
PI-CR74077385-21-0.3%
PI-GP67066705-10.0%

PI - Product Index

To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html

1. Long products

Billets
150*150
Q235
LocationCNYUSD
Fujian-32-5
Hebei00
Jiangsu00
Shandong-28-4
Shanxi203
Tianjin00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

WRC
6.5mm
Common
LocationCNYUSD
Changsha00
Chengdu-42-6
Guiyang00
Hangzhou254
Kunming00
Nanjing-55-8
Shanghai51
Urumchi00
Zhengzhou00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

Rebars
20mm
HRB 400
LocationCNYUSD
Beijing304
Changsha-18-3
Chengdu-20-3
Chongqing-10-1
Fuzhou467
Guangzhou00
Guiyang00
Hangzhou00
Harbin00
Hefei00
Jinan-32-5
Kunming00
Lanzhou00
Nanchang-31-5
Nanjing-20-3
Shanghai-4-1
Shenyang-33-5
Shijiazhuang00
Taiyuan00
Tianjin203
Urumchi00
Wuhan00
Xian00
Zhengzhou00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

2. Flats products

HRC
4.75mm
Common
LocationCNYUSD
Beijing-14-2
Changsha-20-3
Chengdu00
Chongqing-56-8
Fuzhou-20-3
Guangzhou00
Hangzhou-10-1
Harbin00
Hefei00
Jinan497
Kunming-33-5
Lanzhou00
Nanchang00
Nanjing203
Shanghai00
Shenyang00
Shijiazhuang396
Taiyuan213
Tianjin142
Urumchi00
Wuhan203
Xian00
Zhengzhou304

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

Plates
20mm
Common
LocationCNYUSD
Beijing00
Changsha00
Chengdu00
Chongqing00
Fuzhou00
Guangzhou-20-3
Hangzhou-10-1
Harbin00
Hefei507
Jinan-11-2
Kunming00
Lanzhou00
Nanchang00
Nanjing00
Shanghai-11-2
Shenyang-21-3
Taiyuan00
Tianjin00
Urumchi00
Wuhan223
Xian00
Zhengzhou00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

CR
1.0mm
Common
LocationCNYUSD
Beijing-48-7
Changsha203
Chengdu00
Chongqing00
Fuzhou-149-22
Guangzhou00
Hangzhou00
Harbin-100-15
Hefei193
Jinan00
Kunming00
Lanzhou507
Nanchang00
Nanjing00
Qingdao00
Shanghai00
Shenyang-120-18
Shijiazhuang-41-6
Taiyuan00
Tianjin00
Urumchi00
Wuhan00
Xian00
Zhengzhou00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

HDG
0.5mm
Common
LocationCNYUSD
Beijing-28-4
Boxing00
Chongqing00
Fuzhou00
Guangzhou00
Hangzhou00
Harbin-30-4
Nanchang507
Shanghai00
Shenyang00
Tianjin00
Wuhan00
Xian00
Zhengzhou00

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

Going forward, ie post Lunar Holiday season, most of the market players are optimistic that Chinese domestic prices for both longs and flats would look up when buyers come back to market.

To know more details on steel prices subscribe to services of www.steelprices-china.com by registering or send a mail to admin@steelprices-china.com with contact details. Kindly note that this is a paid service with subscription charges of USD 750 for 12 months.

(Sourced fromwww.steelprices-china.com)



Today's News
Main News
0blt1 GC steel HDG price up in Delhi on February 2
0blt1 Traders suspend steel shipments from Russia to Iran
International News
0blt1 Only few spots left for Steel Scrap Summit on February 9 in Gurgaon
0blt1 Chinese domestic steel beam price remains flat on February 02
0blt1 Declining billet levels make European buyers circumspect
0blt1 Northern European Plate mills idle with cheap imports


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Price Index - MEA
  Jan-19 Jan-12
MLPPI 5065 5065 Same
MFPPI 5994 5994 Same
MEASPI 5346 5346 Same
Currency Rates
03 Feb, 2012
USD 1.0000
AUD 0.9350
BRL 1.7197
CAD 0.9992
CNY 6.3063
EUR 0.7606
GBP 0.6320
INR 48.9864
JPY 76.1995
RUB 30.2110
ZAR 7.6560
Source: http://www.xe.com
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