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| Indian domestic steel price surge by 9pct in 15 days - 16 Mar, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The Indian domestic steel market seems to be on fire with prices of almost all the products increasing by almost 10% in a span of just 15 days. Average price increase for some of the benchmark products during this period, is 1 Pencil ingot -INR 3,300 per tonne 2. TMT - INR 3,700 per tonne 3. HR - INR 2,400 per tonne Location wise details given below During this period, Indian Long Product Price Index ILPPI went up by 667 points or 10% whereas Indian Flat Product Price Index IFPPI surged by 574 points or 8%. The overall Indian Steel Price Index INDSPI went up by 623 points or 9%.
ILPPI - Long Product Price Index IFPPI - Flat Product Price Index INDSPI - Indian Steel Price Index Long Products
PI - Product Index Flat Products
PI - Product Index To know more about these indices please visit http://steelprices-india.com/spi_services/spi.html You can also get ILPPI, IFPPI and INDSPI as SMS alert on mobile by submitting your details at http://steelprices-india.com/smsalert Pencil Ingot
Change is as on March 15th as compared to March 1st 2010 Change is per tonne TMT 12 mm Fe 415
Change is as on March 15th as compared to March 1st 2010 Change is per tonne HRC 2.5 Tube & Structural grade
Change is as on March 15th as compared to March 1st 2010 Change is per tonne You may like to read Monday Market Monitor - India - WEEK 10 - On cloud 9 http://steelguru.com/news/index/MTM2NzE5/Monday_Market_Monitor_-_India_-_WEEK_10_-_On_cloud_9.html 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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