| News - 16 Mar, 2010 |
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| 1. Guard against potential risks in HR price hike in China - Mr Li - 16 Mar, 2010 | Top |
With HRC prices in Chinese domestic market have been surging Mr Li Shuangzhong GM of Shanghai Rui Kun Metal Material Co Ltd reminds market players to remain cautious.
Mr. Li believes that the price rise is being propelled due to following factors
1. Demands of downstream industries increase with the warmer weather
2. Increase in international steel demands because of recovery in international market
3. Steel production costs such as iron ore and coke prices continue to rise
4. Traders’ eagerness to pull up the prices.
However Mr Li said "Although HRC prices are on increasing trend, traders still need to guard against potential risks in the rapid price growth,."
He said ""On one hand there is huge inventory pressure because the high production levels of steel mills has not been reduced, on the other hand there are still many uncertainties in steel exports and the national macro adjustment this year."
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
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| 2. Barometer for steel prices in Europe - 16 Mar, 2010 | Top |
European steel market has borne severe brunt of the recessionary onslaught. The impact has been severe and prolonged in this region as the saturated economy is dependant more on regular demand rather than on growth typical of developing economy. It proximity to the Ukraine, CIS and Turkey has made it all the more susceptible to fluctuations in these exporting hubs.
Characteristically European steel market is channelized and durable demand from service centre and end use segments viz., plant and machinery, automobile and ship building rather than the whims of traders.
Product prices have shown undulation throughout 2009 albeit the gradient has been less pronounced since buying was more dependant on stock position rather than demand fundamentals. Belated efforts by the government to provide stimulus like cut in interest rates and tax rebate on purchase on new cars have done a precious little in easing the grim situation.
But off late, the situation has seen dramatic improvement and prices are increasing everyday.
www.steelprices-Europe.com provides weekly flat product prices (HRP, HRC, CRC & HDG) domestic as well as import pricing.
Services
1. Domestic and import prices for flat products in Germany, Italy and Spain
2. CFR Antwerp prices for Plates, HR, CR and HDG
3. FOB prices, including longs, at Black Sea, China, India and Turkey
Methodology
1. Benchmark product in each category
2. Weekly updates through web site
Product location matrix - Pl visit
http://www.steelprices-europe.com/spi_services/features_of_service.html
Subscription
EUR 500 for 12 months access
How to subscribe
Register at www.steelprices-europe.com or send mail to admin@steelprices-europe.com.
|
| 3. Chinese steel price index shown huge increase - 16 Mar, 2010 | Top |
The Chinese Long Product Price Index CLPPI went up by 110 points whereas the Chinese Flat Products Index CFPPI up by 110 points. The overall price index CHISPI increased by 110 points.
| Class | 12-Mar | 15-Mar | Change | %
| | CLPPI | 6326 | 6436 | 110 | 1.7%
| | CFPPI | 6661 | 6771 | 110 | 1.7%
| | CHISPI | 6516 | 6626 | 110 | 1.7% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
Long Products
| Category | 12-Mar | 15-Mar | Change | %
| | PI - WRC | 5493 | 5570 | 76 | 1.4%
| | PI - Rebar | 7333 | 7484 | 150 | 2.1% |
PI- Product Index
Flat Products
| Category | 12-Mar | 15-Mar | Change | %
| | PI - Plates | 5926 | 6028 | 103 | 1.7%
| | PI - HR | 6525 | 6660 | 135 | 2.1%
| | PI - CRC | 7716 | 7770 | 53 | 0.7%
| | PI - HDG | 6758 | 6832 | 75 | 1.1% |
PI- Product Index
To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
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| 4. Updated directory of Indian steel makers - 16 Mar, 2010 | Top |
The fast developing Indian steel industries are continuing beyond what most believed was possible. As one of the world's fastest growing economies, India has become the most happening place among world steel market over last few years and thus is in the radar of not only Indian but most of global players associated with steel industry. But due to fragmented nature of industry, a comprehensive list of smaller steel makers is not readily available.
"Indian Steelmakers Directory 2010" is one the top sources of information available on steel making companies in India! 'Indian Steelmakers Directory' is one of the most comprehensive and accurate directory of Indian steel companies that have ever been published. This powerful directory is your connection to the entire Indian steel industries sector.
Published in March 2010, "Indian Steelmakers Directory 2010" has been comprehensively researched and prepared, to bring you a fully up to date guide to India's rapidly growing steel makers. This Directory will be extremely useful to businesses that deal specifically with companies in the iron and steel industry, ferroalloys, consumable suppliers, raw material sellers, equipment makers and others.
Whether you are a product manager, in charge of marketing, raw material seller, in equipment business or simply interested to remain in touch with the latest developments in the Indian steel industries, this directory will save you time and effort in finding the information you need.
Why spend hundreds of hours searching for new contacts? Invest in a copy TODAY!
This directory covers name and details of 755 Indian steelmakers out of total 1000 plus units in India
Price:
Soft Copy: USD 1000 or INR 50,000
Special offer
For orders paid in March 2010, a special price of USD 750 (INR 40,000) is applicable.
Delivery - PDF file by E Mail on the receipt of payment
How to order
Ordering the report is simple. You can order your copy to reports@steelguru.com, which will send you an invoice of the report.
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| 5. Chinese steel rebar prices movement of Mar 15 - 16 Mar, 2010 | Top |
Rebar
20mm
HRB 400
| Location | In CNY | In USD
| | Beijing | 79 | 12
| | Changsha | 129 | 19
| | Chengdu | 60 | 9
| | Chongqing | 50 | 7
| | Fuzhou | 49 | 7
| | Guangzhou | 79 | 12
| | Guiyang | 99 | 14
| | Hangzhou | 54 | 8
| | Harbin | 99 | 14
| | Hefei | 59 | 9
| | Jinan | 110 | 16
| | Kunming | 151 | 22
| | Lanzhou | 200 | 29
| | Nanchang | 59 | 9
| | Nanjing | 89 | 13
| | Shanghai | 34 | 5
| | Shenyang | 81 | 12
| | Shijiazhuang | 79 | 12
| | Taiyuan | 69 | 10
| | Tianjin | 119 | 17
| | Wuhan | 19 | 3
| | Xian | 80 | 12
| | Zhengzhou | 79 | 12
| | Average | 84 | 12 |
Change is on 15th March as compared to 12th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
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| 6. Chinese steel wire rod price updates on Mar 15 - 16 Mar, 2010 | Top |
WRC
6.5mm
Common
| Location | In CNY | In USD
| | Changsha | 157 | 23
| | Chengdu | 51 | 7
| | Chongqing | 111 | 16
| | Guiyang | 101 | 15
| | Hangzhou | 50 | 7
| | Harbin | 0 | 0
| | Kunming | 101 | 15
| | Nanchang | 58 | 8
| | Nanjing | 49 | 7
| | Shanghai | 30 | 4
| | Shenyang | 87 | 13
| | Shijiazhuang | 0 | 0
| | Taiyuan | 0 | 0
| | Tianjin | 0 | 0
| | Wuhan | 27 | 4
| | Zhengzhou | 107 | 16
| | Average | 58 | 8 |
Change is on 15th March as compared to 12th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
|
| 7. Chinese billet remain scenario on Mar 15 - 16 Mar, 2010 | Top |
Billets
150*150
Q235
| Location | In CNY | In USD
| | Fujian | 72 | 11
| | Liaoyang | 113 | 17
| | Linfen | 124 | 18
| | Linzhou | 100 | 15
| | Shandong | 50 | 7
| | Tangshan | 30 | 4
| | Tianjin | 123 | 18
| | Zibo | 50 | 7
| | Average | 83 | 12 |
Change is on 15th March as compared to 12th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
|
| 8. Chinese domestic HR steel prices movement on Mar 15 - 16 Mar, 2010 | Top |
HRC
4.75mm
Common
| Location | In CNY | In USD
| | Beijing | 100 | 15
| | Changsha | 70 | 10
| | Chengdu | 20 | 3
| | Chongqing | 50 | 7
| | Fuzhou | 50 | 7
| | Guangzhou | 50 | 7
| | Hangzhou | 50 | 7
| | Harbin | 0 | 0
| | Hefei | 0 | 0
| | Jinan | 130 | 19
| | Kunming | 20 | 3
| | Lanzhou | 50 | 7
| | Nanchang | 70 | 10
| | Nanjing | 0 | 0
| | Shanghai | 30 | 4
| | Shenyang | 0 | 0
| | Shijiazhuang | 100 | 15
| | Taiyuan | 100 | 15
| | Tianjin | 110 | 16
| | Urumchi | 130 | 19
| | Wuhan | 20 | 3
| | Xian | 100 | 15
| | Zhengzhou | 80 | 12
| | Average | 58 | 8 |
Change is on 15th March as compared to 12th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
|
| 9. Chinese plate price movement on Mar 15 - 16 Mar, 2010 | Top |
Plates
20mm
Common
| Location | In CNY | In USD
| | Beijing | 100 | 15
| | Changsha | 80 | 12
| | Chengdu | 50 | 7
| | Chongqing | 70 | 10
| | Fuzhou | 100 | 15
| | Guangzhou | 50 | 7
| | Hangzhou | 70 | 10
| | Harbin | 50 | 7
| | Hefei | 30 | 4
| | Jinan | 100 | 15
| | Kunming | 0 | 0
| | Lanzhou | 100 | 15
| | Nanchang | 100 | 15
| | Nanjing | 100 | 15
| | Shanghai | 40 | 6
| | Shenyang | 50 | 7
| | Shijiazhuang | 60 | 9
| | Taiyuan | 150 | 22
| | Tianjin | 50 | 7
| | Wuhan | 50 | 7
| | Xian | 140 | 20
| | Zhengzhou | 30 | 4
| | Average | 71 | 10 |
Change is on 15th March as compared to 12th March 2010
Change is per tonne
USD:CNY = 6.83
To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service with subscription charges of USD 750 for 12 months.
For registration click or copy the link and paste it to your internet explorer address bar
http://steelprices-china.com/spi_services/terms_of_use_for_registration.html
(Sourced from www. steelprices-china.com)
|
| 10. AISU warns of dumping risks on the steel industry recovery - 16 Mar, 2010 | Top |
Arab Steel reported that Mr Mohamed laid Lachger general secretary of Arab Iron & Steel Union in the annual conference recently held in Marrakesh of Morocco expected that the Arab steel industry will recover in 2010.
This year shall witness the launch of several new projects in steel industry in addition to an expected output of crude steel production to reach 21 million tonne per year in case the mills work with full capacity, referring also to a depression in crude steelmaking amounting to nearly one million tons in 2009 as compared to 2008 on the level of Arab steelmaking.
This came in the speech of Mr Mohamed Laid Lachgar at the beginning of the conference, warning of dumping risks on the process of recovery that steel industry is expected to witness during the current year.
He said that "Dumping of Arab markets by countries which consider these markets as their traditional export markets have certainly affected the share of Arab steel producers in their own markets. Many Arab markets suffer from price dumping along with quantity dumping which reached nearly 50% of the local steel consumption in some Arab countries, resulting in damages for steel mills, forcing them to sell sometimes at less than the actual cost just to stay on the market add to that the growing stockpiles in steel mills.
He has also called in his address to make larger Arab JV instead of the current small and scattering iron & steel industries which can be affected by any economic crisis. He also pointed out the need to develop iron and steel consuming industries in line with the future expansions in steel output.
(Sourced from Arab Steel)
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| 11. Rusmet sees MEA lagging scrap and billet price recovery - 16 Mar, 2010 | Top |
March often is a hot month in scrap market. The stockpiles decreased in winter till the lowest, the weather is not good enough yet for the collecting volumes increase and metallurgical plants are increasing outputs counting on spring rally and are ready to pay much for raw materials.
At first sight the current situation in global scrap market has all these characteristics. There is scrap shortage now and the demand increase from the US, East Asian and Turkish metallurgists simultaneously spurred the prices boost to the almost highest level in recent 1.5 years. The quotations for Western HMS No 1 scrap in East Asian countries increased in the beginning of March to USD 400 per tonne CFR and Turkish steel manufacturers have to buy similar scrap at USD 380 per tonne CFR and more.
Due to scrap price increase the rally in semis market began. Domestic prices for semi products in Turkey exceeded USD 500 per tonne EXW without VAT and Russian and Ukrainian traders increased their prices to USD 490 per tonne to USD 500 per tonne FOB. Rebar manufacturers had to raise their quotations as well. Rebar prices in Turkish market increased to USD 540 per tonne to 550 per tonne EXW.
However, current increase of scrap, semis and rebar prices in Middle East do not have a substantial part. There is no spring demand rally for construction steel in the region yet. In principle, in some countries long products consumption is at high level. The crisis has not affected the North Africa construction sector. The highest construction growth was in Egypt, where the government finances the infrastructure projects, as a part of the stimulating program, and the banks provide loans for residential development. Due to its sizes and big population Saudi Arabia has high demand for rebar. Large scale restoration works are held in Iraq.
Construction steel consumption in these countries is likely to exceed the before crisis level. However, the problem is that in the region this growth does not cover the fall in UAE construction sector. UAE can not count on the recovery in the nearest future. Middle East keeps the status of the large net importer of steel, in particular, rebar. However, the scale of this net importer is substantially lower than in the before crisis times. As the result, the supply excess can be seen in the region today.
That is why most consumers faced Turkish initiative on the prices increase very carefully. Earlier the prices for Turkish rebar used to increase due to scrap prices boosts and then returned back. Last time it happened in February 2010. In a couple of weeks scrap prices will start decreasing again influenced, at least, by the seasonal factors. Besides, in the most Middle East countries domestic rebar prices increased to a small extent last time.
Nevertheless, rebar manufacturers have some chances for a new increase. First of all, Turkish metallurgists have nowhere to step back. Scrap and semis prices increased to the higher extent than rebar. It is possible to assume that rebar export quotations will exceed USD 550 per tonne FOB very soon. Thus, the metallurgists will receive more space to retreat.
Seasonal factor will play in favor of the manufacturers. Whatever low it is, the construction steel demand is growing all over the Mediterranean and the Gulf region. At that many traders decreased their stockpiles in winter and they will have to start to refill them.
Finally, Far East long products market is back to life. The prices for scrap, semis and rebar in this region are higher than in Middle East. The difference is about USD 30 per tonne and more than USD 70 which makes this market attractive for the suppliers from Turkey and CIS. In particular, Vietnam is a big buyer of Russian semis and Singapore and Thailand in January to February were in top ten importers of Turkish steel. Besides, Turkish companies increase rebar and wire rod supplies to the USA.
(Sourced from Rusmet.ru)
|
| 12. Updated directory of Indian steel makers - 16 Mar, 2010 | Top |
The fast developing Indian steel industries are continuing beyond what most believed was possible. As one of the world's fastest growing economies, India has become the most happening place among world steel market over last few years and thus is in the radar of not only Indian but most of global players associated with steel industry. But due to fragmented nature of industry, a comprehensive list of smaller steel makers is not readily available.
"Indian Steelmakers Directory 2010" is one the top sources of information available on steel making companies in India! 'Indian Steelmakers Directory' is one of the most comprehensive and accurate directory of Indian steel companies that have ever been published. This powerful directory is your connection to the entire Indian steel industries sector.
Published in March 2010, "Indian Steelmakers Directory 2010" has been comprehensively researched and prepared, to bring you a fully up to date guide to India's rapidly growing steel makers. This Directory will be extremely useful to businesses that deal specifically with companies in the iron and steel industry, ferroalloys, consumable suppliers, raw material sellers, equipment makers and others.
Whether you are a product manager, in charge of marketing, raw material seller, in equipment business or simply interested to remain in touch with the latest developments in the Indian steel industries, this directory will save you time and effort in finding the information you need.
Why spend hundreds of hours searching for new contacts? Invest in a copy TODAY!
This directory covers name and details of 755 Indian steelmakers out of total 1000 plus units in India
Price:
Soft Copy: USD 1000 or INR 50,000
Special offer
For orders paid in March 2010, a special price of USD 750 (INR 40,000) is applicable.
Delivery - PDF file by E Mail on the receipt of payment
How to order
Ordering the report is simple. You can order your copy to reports@steelguru.com, which will send you an invoice of the report.
|
| 13. Are Indian iron ore spot prices inching to USD 150 mark in China - 16 Mar, 2010 | Top |
The pressure on Chinese steel mills of securing iron ore to feed their blast furnaces which are churning record volumes of hot metal to cater to huge appetite from Chinese domestic market, seems to have derailed the attempt to curb iron ore spot prices to get a better footing in negotiations.
It is reported, hike in FOB levels by Indian miners coupled with surging freight rates, is propelling CFR China prices for Indian iron ore Fe 63.5%/63% to USD 145 per tonne levels. Now with mad scramble for resources, it seems that we should be looking at USD 150 mark soon.
Indian FOB prices for different grades have surged by 6% to 18% in last 7 days.
Iron Ore Fines
FOB India
| Grade | %
| | Fe 63.5/63% | 6%
| | Fe 63.5/62.5% | 6%
| | Fe 63/62% | 6%
| | Fe 62/61% | 5%
| | Fe 61/60% | 8%
| | Fe 60/59% | 7%
| | Fe 59/58% | 9%
| | Fe 58/57% | 10%
| | Fe 57/56% | 10%
| | Fe 56/55% | 11%
| | Fe 55/54% | 12%
| | Fe 54/53% | 13%
| | Fe 53/52% | 15%
| | Fe 52/51% | 18% |
Change is as on March 15th as compared to March 8th 2010
To know the exact levels, utilize a special "Iron Ore Pricing" package from www.steelprices-india.com
With the impending gradual shift form benchmark pricing based long term contracts to spot cargos, it has become more vital for both sellers as well as buyers to precisely monitor the daily movements of iron ore spot prices to keep tab on trends and spot opportunities.
To know exact levels, likely scenario, domestic iron ore spot prices at Bellary and Barbil and FOB East Coast spot prices subscribe to "Iron Ore Services" of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com along with your full contact details. Pricing information is updated as and when the levels change In addition domestic prices at Bellary and Burbil are reported.
Please note that this is a paid service with subscription charges of USD 600 or INR 30,000 plus ST for 12 months.
The accuracy and the speed of reporting changes is well appreciated by not only Indian miners, but by global iron ore majors as well as Chinese mills as many of them have subscribed to this service to maintain another but solid listening post as far as Indian spot market is concerned.
(Sourced from www.steelprices-india.com)
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| 14. Indian domestic steel price surge by 9pct in 15 days - 16 Mar, 2010 | Top |
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%.
| Class | 01-Mar | 15-Mar | Change | %
| | ILPPI | 6769 | 7436 | 667 | 10%
| | IFPPI | 7573 | 8146 | 574 | 8%
| | INDSPI | 7152 | 7774 | 623 | 9% |
ILPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
| Category | 01-Mar | 15-Mar | Change | %
| | PI - TMT | 6478 | 7204 | 726 | 11%
| | PI - WRC | 7300 | 7956 | 656 | 9%
| | PI - Angle | 6455 | 7035 | 580 | 9%
| | PI - Channel | 6459 | 7098 | 639 | 10%
| | PI - Joist | 6019 | 6529 | 510 | 8% |
PI - Product Index
Flat Products
| Category | 01-Mar | 15-Mar | Change | %
| | PI - Narrow Plates | 7259 | 7766 | 508 | 7%
| | PI - Wide Plates | 7604 | 7997 | 393 | 5%
| | PI - Hot Rolled | 7306 | 7982 | 676 | 9%
| | PI - Cold Rolled | 8161 | 8666 | 505 | 6%
| | PI - Galvanized | 8336 | 8729 | 393 | 5% |
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
| Location | Change
| | Ahmedabad | 2595
| | Bhiwari | 3500
| | Durgapur | 4065
| | Ghaziabad | 3400
| | Hyderabad | 4000
| | Jaipur | 3500
| | Jamshedpur | 4100
| | Kanpur | 2576
| | Kolkata | 3418
| | Mandi | 3603
| | Mumbai | 2500
| | Muzzafarnagar | 3020
| | Nagpur | 3788
| | Raigarh | 2033
| | Raipur | 3326
| | Rourkela | 3973
| | Rudrapur | 2487 |
Change is as on March 15th as compared to March 1st 2010
Change is per tonne
TMT 12 mm Fe 415
| Location | Change
| | Ahmedabad | 3700
| | Bangalore | 4500
| | Chennai | 3640
| | Delhi | 3620
| | Hyderabad | 5500
| | Indore | 3900
| | Kanpur | 3150
| | Kolkata | 3120
| | Mandi | 3848
| | Mumbai | 2814
| | Raipur | 3640
| | Rudrapur | 3400 |
Change is as on March 15th as compared to March 1st 2010
Change is per tonne
HRC 2.5 Tube & Structural grade
| Location | Change
| | Ahmedabad | 3234
| | Chennai | 1665
| | Delhi | 3418
| | Indore | 2310
| | Kolkata | 1386
| | Ludhiana | 2310
| | Mumbai | 2541 |
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)
|
| 15. Indian steel price index improves further by 110 points on March 15 - 16 Mar, 2010 | Top |
The Indian Long Product Price Index ILPPI went up by 152 points whereas Indian Flat Product Price Index IFPPI also surge by 65 points. The overall Indian Steel Price Index INDSPI up by 110 points.
| Class | 12-Mar | 15-Mar | Change | %
| | ILPPI | 7284 | 7436 | 152 | 2.1%
| | IFPPI | 8081 | 8146 | 65 | 0.8%
| | INDSPI | 7664 | 7774 | 110 | 1.4% |
ILPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index
Long Products
| Category | 12-Mar | 15-Mar | Change | %
| | PI - TMT | 7050 | 7204 | 154 | 2.2%
| | PI - WRC | 7829 | 7956 | 128 | 1.6%
| | PI - Angle | 6826 | 7035 | 209 | 3.1%
| | PI - Channel | 6907 | 7098 | 191 | 2.8%
| | PI - Joist | 6358 | 6529 | 171 | 2.7% |
PI - Product Index
Flat Products
| Category | 12-Mar | 15-Mar | Change | %
| | PI - Narrow Plates | 7699 | 7766 | 67 | 0.9%
| | PI - Wide Plates | 7948 | 7997 | 49 | 0.6%
| | PI - Hot Rolled | 7897 | 7982 | 85 | 1.1%
| | PI - Cold Rolled | 8628 | 8666 | 38 | 0.4%
| | PI - Galvanized | 8705 | 8729 | 24 | 0.3% |
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
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)
|
| 16. Pencil ingot price moves up all major places on Mar 15 - 16 Mar, 2010 | Top |
Pencil ingot
| Location | Change
| | Ahmedabad | 353
| | Bhiwari | 1000
| | Durgapur | 831
| | Ghaziabad | 900
| | Hyderabad | 500
| | Jaipur | 500
| | Jamshedpur | 3000
| | Kanpur | 444
| | Kolkata | 647
| | Mandi | 739
| | Mumbai | 1100
| | Muzzafarnagar | 622
| | Nagpur | 647
| | Raigarh | 0
| | Raipur | 924
| | Rourkela | 1109
| | Rudrapur | 355 |
Change is on 15th March as compared to 12th March 2010
Change is in INR per tonne
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(Sourced from www.steelprices-india.com)
|
| 17. Rebar (TMT) price movement in India on Mar 15 - 16 Mar, 2010 | Top |
TMT
Fe 415
12mm
| Location | Change
| | Ahmedabad | 260
| | Bangalore | 2000
| | Chennai | 520
| | Delhi | 919
| | Hyderabad | 1000
| | Indore | 1000
| | Kanpur | 700
| | Kolkata | 0
| | Mandi | 624
| | Mumbai | 1238
| | Raipur | 1040
| | Rudrapur | 1200 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 18. HRC prices up in Bangalore and Ahmedabad - 16 Mar, 2010 | Top |
HRC
Tube
2.5x1250
| Location | Change
| | Ahmedabad | 924
| | Bangalore | 924
| | Chennai | 0
| | Delhi | 462
| | Indore | 444
| | Kolkata | 0
| | Ludhiana | 277
| | Mumbai | 0 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 19. Plate cuttings prices surges at Alang - 16 Mar, 2010 | Top |
| Product | Grade | Size | Change
| | Plate cuttings | Rolling | 1" | 500
| | Ship Scrap | Melting | Mixed | -800 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 20. Melting scrap price fall in Hyderabad - 16 Mar, 2010 | Top |
Melting scrap
80:20
HMS
| Location | Change
| | Chennai | 500
| | Hyderabad | -1000
| | Kandla | 520
| | Kanpur | 267
| | Kolkata | -462
| | Mandi | 554
| | Mumbai | 500
| | Rudrapur | 178 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 21. Sponge iron price up in Raigarh - 16 Mar, 2010 | Top |
Sponge iron
| Location | Change
| | Bellary | 500
| | Kolkata | 600
| | Raigarh | 2600
| | Raipur | 700
| | Rourkela | 400 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 22. Wire rod prices scenario on Mar 15 - 16 Mar, 2010 | Top |
WRC
SWR14
5.5/6
| Location | Change
| | Chennai | 500
| | Delhi | 0
| | Kanpur | 267
| | Kolkata | 0
| | Raipur | 888
| | Rudrapur | 444 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 23. Steel angle prices up in all major places on Mar 15 - 16 Mar, 2010 | Top |
ANGL
GR A
65X6
| Location | Change
| | Ahmedabad | 1430
| | Bangalore | 1700
| | Chennai | 1000
| | Delhi | 0
| | Indore | 1000
| | Kanpur | 500
| | Kolkata | 1040
| | Mandi | 1040
| | Mumbai | 1238
| | Raipur | 1040
| | Rudrapur | 600 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 24. Steel light channel prices update on Mar 15 - 16 Mar, 2010 | Top |
CHNL
GR A
75/100
| Location | Change
| | Ahmedabad | 1430
| | Bangalore | 1700
| | Chennai | 1000
| | Delhi | 0
| | Indore | 1300
| | Kanpur | 500
| | Kolkata | 520
| | Mandi | 1040
| | Mumbai | 1238
| | Raipur | 1040
| | Rudrapur | 300 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 25. Steel joist (Beam) prices scenario in major places - 16 Mar, 2010 | Top |
JSTI
GR A
250X125
| Location | Change
| | Ahmedabad | 1352
| | Bangalore | 1700
| | Chennai | 1000
| | Delhi | 0
| | Indore | 1000
| | Kanpur | 500
| | Kolkata | 520
| | Mandi | 1040
| | Mumbai | 1238
| | Raipur | 1040
| | Rudrapur | 1000 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 26. Patra (Narrow HR strips) price remains flat in Delhi - 16 Mar, 2010 | Top |
Patra
| Location | Change
| | Delhi | 0
| | Ludhiana | 739
| | Mandi | 1109 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 27. Narrow HR plate price up in Kanpur - 16 Mar, 2010 | Top |
PLTS
GR A
8x1250
| Location | Change
| | Chennai | 0
| | Kanpur | 444
| | Mumbai | 0
| | Rudrapur | 178 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 28. Wide plate price scenario on Mar 15 - 16 Mar, 2010 | Top |
PLTS
GR B
12-20x2.5
| Ahmedabad | -462
| | Bangalore | 924
| | Chennai | 0
| | Delhi | 462
| | Indore | 444
| | Kanpur | 444
| | Kolkata | 0
| | Mumbai | 0
| | Raipur | 0
| | Rudrapur | 267
| | Ahmedabad | -462 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 29. CR price movement in India on Mar 15 - 16 Mar, 2010 | Top |
CR
DSK
0.63
| Location | Change
| | Ahmedabad | 0
| | Bangalore | 924
| | Chennai | 0
| | Delhi | 462
| | Kanpur | 0
| | Kolkata | 0
| | Mumbai | 0
| | Pune | 0
| | Rudrapur | 267 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 30. GC (HDG) price increases in Bangalore - 16 Mar, 2010 | Top |
GC
100Gms
0.40
| Location | Change
| | Bangalore | 924
| | Chennai | 0
| | Delhi | 0
| | Kanpur | 267
| | Kolkata | 0
| | Ludhiana | 185
| | Mumbai | 0
| | Rudrapur | 444 |
Change is on 15th March as compared to 12th March 2010
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.
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(Sourced from www.steelprices-india.com)
|
| 31. Iron ore price negotiations - Non consensus view from an analyst - 16 Mar, 2010 | Top |
Although this is not the consensus view, the best days for the iron ore industry, globally, are perhaps over, at least in the decade ahead. Global iron ore prices have fallen sharply from the height they reached in the middle of 2008 and despite their strong recovery in 2009 are still lying well below their peaks.
While short term fluctuations in the market will be driven by the dynamics of the market on a day to day basis and more particularly by the changes in inventories, the longer term trend will be shaped by the developments in the supply side of the market rather than by what is likely to happen to the industry consuming iron ore, that is iron and steel.
In simple words, what is going to happen in the iron and steel industry, have been reasonably well predicted so far by most analysts and one cannot expect to get surprises here. But, how the steel industry worldwide and more particularly in China will react to the emerging conditions, especially in terms of their inventory management, sourcing decisions, ocean freight changes are some of the matters where speculative forces will rule. All such speculations will provide for a strong ground for volatility but at the same time a direction too for the iron ore market in the medium term.
Both the Chinese steel industry and the iron ore majors have taken strategic positions in the battle for prices. Although with the Chinese resorting increasingly to the spot market and the iron ore behemoths also adopting such an approach for their immediate convenience in addition to using the time to consolidate their strength and reposition themselves in the global iron ore market, the importance of annual contracts has started wearing out. There will be routine talks this year too. The Japanese, the European and the Korean mills, say, will value such deals. They would look for stability and a safety net in these times of uncertainty and volatility. The strategy the Chinese mills will adopt is difficult to predict. The point of concern is that, today, this is the most critical element in the dynamics of the iron ore prices worldwide.
Today, there are not many who will believe that steel production in China is going to fall in the coming year. They have the capacity and intent to maintain their production levels- for home consumption in the first place and then for the world. Whereas one can reasonably predict what is going to happen in the world of steel outside of China, the same is not true when it comes to this country itself. If China has stood out against the impact of the massive global economic meltdown with a phenomenally successful stimulus package, how far will they remain on this track to continuously taste success is difficult to say.
In other words, demand growth for steel in China will slow down in 2010, yet, their absolute volumes will be larger. In the worst case scenario, if steel production remains stagnant in China, the global iron ore industry will come under an oversupply stress.
The supply side of the iron ore market looks to be shaping up well and is in order. A lot of new iron ore mining capacities have been operationalised and infrastructure development whatever has taken place in various iron ore producing regions around the world brought down costs of delivery of iron ore. The new infrastructure has also helped increase supplies to the market as critical bottlenecks have been removed.
The Chinese steel makers have been able to strike critical deals with Australian iron ore companies where they have held some significant stakes. In the days ahead, more of such deals are likely to be put in place. The Chinese steel and mining companies have invested heavily in iron ore mining projects wherever there was an opportunity for them to do so.
The Chinese iron ore industry cannot be written off. The industry will come up strongly if the iron ore spot prices are set at levels above US$80 per tonne on fob basis. At least another 20-25 million tonnes of high cost iron ore concentrate capacity will be pushed to operation.
The other important factor in iron ore business is the ocean freight. The excess capacity in the industry kept the freight rate low - much to the benefit of the buyers. With low freight differential, the iron ore buyers had the option to secure iron ore from anywhere. This could work to erode the pricing power of the iron ore miners. The shipping industry continues to be in trouble although is much better placed today. The ensuing competition triggered by excess capacity in shipping will mean the ocean freight rates will remain more or less at levels to cover marginal costs in average expectations.
Unfortunately for the iron ore miners, given the level of competition in the iron ore market, the benefits arising out of lower freight will be largely going to the steel industry if contract prices are maintained on fob basis. It is also to be noted that the freight rate is not autonomously determined. The volume in seaborne iron ore trading business makes a big impact on the freight rate. Therefore, if low freight rates encourage long distance haulage, the advantage will be there for the mining or the steel industry only up to a point.
These are the key elements to trigger a negative speculative drive in the first place to cause a fall in iron ore prices later in 2010.
With Australia emerging as a major source of iron ore for the Chinese steel makers, the price reference for spot transactions has changed. For example, in the past, an Indian iron ore miner would look at the cost of iron ore sourced from Brazil landing at a Chinese port to have the reference for the fob price it would seek to take for exports. The Chinese industry also used to take this reference to guide transactions in regards to Indian iron ore. In effect, when scarcity ruled, the highest alternative cost to import by China was the point of reference for Indians or even for Australian iron ore miners.
Will the lowest cost be the reference in the days ahead if scarcity falls?
Most of the factors outlined above have short to medium term implications. But, the ultimate direction of iron ore price in the longer run will also be driven by the continuous rise in demand for iron ore from the growing steel industry worldwide. On the demand side, pricing conditions will also be governed by how much of steel production rise is accounted for by the countries dependent on global sourcing of iron ore. It will also be influenced by the fact whether iron ore demand is rising faster for fines, lumps or pellets. Any structural change in the composition of iron ore demand will trigger corresponding changes in the pricing dynamics.
Whatever is the medium and the longer term outlook for the iron ore prices, which may not be looking miserable at this point, in the immediate, the pricing scenario looks significantly vulnerable, and to put it more positively, it is not as optimistic as most of the major research organisations have advocated recently.
In the recent days China accumulated significant stock of iron ore. While many would like to pass this off as bad planning on the part of the Chinese steel makers or the traders collectively speaking, we also see a design in the same. It looks the Chinese are trying to lower the average cost of iron ore they buy by timing their purchases in such a way that they are in a position to take advantage of lower prices whenever their requirement increases.
Irrespective of whatever has been observed till date, the mid term iron ore export prices from India are expected to drop to the range of US$85-90, fob, Indian ports, depending on the grade, by the turn of 2010. This also depends on the nature and strength of the collective resistance the Indian iron ore miners can put up.
You can get detailed analysis in "India’s Iron Ore: Following the Global Meltdown" which is the latest report from SNRS. The report discusses the current iron ore business in India, prospects for the future and unfolds the opportunities to provide strategic guidance to investors and all others related to iron ore business in India.
Some of the areas covered in the report are
Introduction
The supply dynamics of the iron ore market in India
The market dynamics of demand and price
Structure of the iron ore market by size and pattern of lease holding
Iron ore reserves and resources
Magnetite resources
Iron ore production
Private sector growth
Indian iron ore trend for various grades of lumps and fines
Major freehold iron ore mines
Growth prospects in palletizing Industry
Overcapacity in pig DRI
Consumption of iron ore in India and structure
Fore cast of demand for iron ore in India
Future of exports
Costs of mining
Strategic growth opportunities and options
It also covers all the major players in Indian iron ore sector
Report summary
Price: USD 2000 or INR 100000
Delivery Format: PDF Format
How to order:
You can order the report direct through the SteelGuru website by paying USD 2000 in the name of Major & Minor Exims Pvt Ltd by using your Pay Pal account. Or, you can wire the sum through your bank to Major & Minor Exims Pvt Ltd in India. For details, please get in touch with reports@steelguru.com or at 0091124408993
|
| 32. Iron ore price negotiations - Australia tells Beijing to stay out - 16 Mar, 2010 | Top |
The federal government of Australia has told Beijing to stay out of sensitive iron price talks between Chinese steelmakers and Australian miners amid a report Premier Wen Jiabao has been asked to personally intervene.
Mr Simon Crean Australian Trade Minister told reporters that "We recognise China's market economy status, all we ask in return is that it acts in accordance with market principles."
Mr Crean said that Chinese steelmakers locked in talks with Australia's two biggest iron ore miners, Rio Tinto and BHP Billiton over pricing of hundreds of millions of tonnes of ore for delivery over the next 12 months "should not seek to get government involved."
Mr Crean said that "The iron ore negotiations are always going to be robust negotiations adding China was helping ease supply shortfalls by investing in local iron ore mines." He added that "There are a number of ways this issue can be addressed, but it won't be addressed by governments intervening in the marketplace. We reject that."
Mr Crean said the matter had been discussed in the past with the Chinese government, although the subject had not been raised at more recent meetings between the two countries.
He added that "As for the steelmakers, in terms of them being dissatisfied with the way negotiations have been run in the past, the solution doesn't lie in getting the government to intervene. The solution lies in understanding and being transparent and open about what their needs are going forward and being creative in the ways those needs can be met."
The official China Securities Journal has reported that some major players in China's steel sector which have asked Premier Wen Jiabao to direct the government to tackle iron ore price negotiations. The vice president of the China Iron & Steel Association and the heads of more than 10 mills wrote the joint letter to Mr Wen on March 11, asking him to take up the issue of rising iron ore import prices at a national level, the paper reported, quoting what it described as authoritative sources.
(Sourced from Reuters and www.smh.com.au)
|
| 33. Iron ore price negotiations - JPMorgan hikes forecast to 65pct - 16 Mar, 2010 | Top |
According to JPMorgan Chase & Co, contract iron ore prices may rise 65%in 2010 amid stronger than expected demand from steel mills in China.
Mr David George an analysts of JPMorgan in a March 12 report said that the steelmakers may pay 159 cents a dry metric ton unit in the financial year beginning April 1st 2010 from 97 cents this year. That compares with their earlier forecast for a 20 percent gain.
JPMorgan’s George said in the report said that "Chinese steel production has surprised post crisis and continues at a pace fast enough to drive up demand for steel raw materials, while the rest of the world is still in recovery mode."
(Sourced from Bloomberg.net)
|
| 34. BDI improves by 68 points on March 15 - 16 Mar, 2010 | Top |
It is reported that on March 15th 2010, Baltic Dry Index reached 3574 points, up by 68 points as compared to March 12th 2010.
Capsize
| BCI | Change
| | SPOT 4 TCE AVG | 4411 | +83
| | INDEX | 42831 | +954
| | March 12th 2010 | 41877 |
| | Year Ago | 25232 | |
All except INDEX in USD
Change is with respect to numbers on March 12th 2010
Panamax
| BPI | Change
| | INDEX | 4223 | +46
| | SPOT 4 TCE AVG | 33951 | +364
| | March 12th 2010 | 33587 |
| | Year Ago | 18326 | |
All except INDEX in USD
Change is with respect to numbers on March 12th 2010
Supramax
| BSI | Change
| | INDEX | 2820 | +89
| | SPOT 4 TCE AVG | 29491 | +930
| | March 12th 2010 | 28561 |
| | Year Ago | 18060 | |
All except INDEX in USD
Change is with respect to numbers on March 12th 2010
Spot 4 TC Average = Average Value of the Four Main Shipping Routes
BDI = Weighted Composite Index of BCI/BPI/BHMI
To keep tab on steel prices in India on daily basis, subscribe to services of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com. Please note that this is a paid service.
(Sourced from www.steelprices-india.com)
|
| 35. Japan hikes ferrous scrap price by up to JPY 1500 a tonne - 16 Mar, 2010 | Top |
JMB reported that Japanese ferrous scrap price increased by JPY 1,000 to JPY 1,500 per tonne last week and reached JPY 35,000 to JPY 37,000 for H2 grade at electric furnace steel makers' purchase price.
The price was lifted under tight supply due to higher purchase volume by integrated steel makers and shipping for existing export orders.
(Sourced from www.japanmetalbulletin.com)
|
| 36. Feng Hsin hikes rebar and scrap purchasing prices again - 16 Mar, 2010 | Top |
Taiwan's major steel long products producer Feng Hsin Iron & Steel has announced to hike its scrap purchasing price and rebar price by TWD 300 per tonne this week.
The company said the main reason is due to higher scrap price in the global steel market.
This is the fourth time that Feng Hsin to hike its price after Chinese New Year holiday. Feng Hsin's new rebar offer price will be TWD 19,500 per tonne while the scrap purchasing price will be TWD 12,500 per tonne.
(Sourced from YIEH.corp)
|
| 37. Updated directory of steel scrap buyers in India - 16 Mar, 2010 | Top |
India, although mostly lagging behind the offered prices for steel scrap, remains a major player among suppliers by importing more than 3 million tonnes annually.
The Indian steel scrap market is quite de fragmented and not much information is available readily on supply chain. There are more than 700 steel makers, who use steel scrap every day and many agents who fix deals or act as a distributor for smaller buyers.
Chaos is added by a large number of internet traders, who dream of quick money and keep sending mails about availability for large quantum of scrap without having any handle on this business wasting time of all.
Therefore to assist the players in the steel scrap supply chain, we have prepared a directory containing the contact details of users and agents in India
The "Indian steel scrap supply chain directory" consists of
Company Name -
Company address -
E mail -
Phone No -
Fax No -
Mobile No -
Web site (if any) -
The directory will definitely provide you with all the information you need to make new contacts and keep track of old ones.
Why spend hundreds of hours searching for new contacts? Invest in a copy TODAY!
Report Summary:
* Total Entries: 859 (755 steelmakers) (104 agents)
* URL: 168
* E Mail: 601
* Phone: 846
* Fax: 709
* Mobile: 229
For details
Price:
Soft Copy: USD 1200 or INR 56,000
Special offer
For orders paid in March 2010, a special price of USD 900 (INR 42,000) is applicable along with a free copy of an earlier directory of Overseas Scrap Suppliers, costing USD 500 thus taking the total saving to USD 800 (INR 37,600).
Delivery - PDF file by E Mail on the receipt of payment
How to order
Ordering the report is simple. You can order your copy to reports@steelguru.com, which will send you an invoice of the report.
|
| 38. YUSCO to lift stainless steel prices again - 16 Mar, 2010 | Top |
Yieh United Steel Corporation has just announced its second half of March price with rise of USD 120 to USD 150 per tonne on export for 300 series stainless steel.
YUSCO said that they had to reflect increase of alloy cost due to recent soaring up of all raw material, which is already beyond the reasonable range that mill can absorb.
The company is adding its domestic prices by TWD 4,000 per tonne.
(Sourced from YIEH.corp)
|
| 39. Barometer for steel prices in Europe - 16 Mar, 2010 | Top |
European steel market has borne severe brunt of the recessionary onslaught. The impact has been severe and prolonged in this region as the saturated economy is dependant more on regular demand rather than on growth typical of developing economy. It proximity to the Ukraine, CIS and Turkey has made it all the more susceptible to fluctuations in these exporting hubs.
Characteristically European steel market is channelized and durable demand from service centre and end use segments viz., plant and machinery, automobile and ship building rather than the whims of traders.
Product prices have shown undulation throughout 2009 albeit the gradient has been less pronounced since buying was more dependant on stock position rather than demand fundamentals. Belated efforts by the government to provide stimulus like cut in interest rates and tax rebate on purchase on new cars have done a precious little in easing the grim situation.
But off late, the situation has seen dramatic improvement and prices are increasing everyday.
www.steelprices-Europe.com provides weekly flat product prices (HRP, HRC, CRC & HDG) domestic as well as import pricing.
Services
1. Domestic and import prices for flat products in Germany, Italy and Spain
2. CFR Antwerp prices for Plates, HR, CR and HDG
3. FOB prices, including longs, at Black Sea, China, India and Turkey
Methodology
1. Benchmark product in each category
2. Weekly updates through web site
Product location matrix - Pl visit
http://www.steelprices-europe.com/spi_services/features_of_service.html
Subscription
EUR 500 for 12 months access
How to subscribe
Register at www.steelprices-europe.com or send mail to admin@steelprices-europe.com.
|
| 40. Updated directory of Indian steel makers - 16 Mar, 2010 | Top |
The fast developing Indian steel industries are continuing beyond what most believed was possible. As one of the world's fastest growing economies, India has become the most happening place among world steel market over last few years and thus is in the radar of not only Indian but most of global players associated with steel industry. But due to fragmented nature of industry, a comprehensive list of smaller steel makers is not readily available.
"Indian Steelmakers Directory 2010" is one the top sources of information available on steel making companies in India! 'Indian Steelmakers Directory' is one of the most comprehensive and accurate directory of Indian steel companies that have ever been published. This powerful directory is your connection to the entire Indian steel industries sector.
Published in March 2010, "Indian Steelmakers Directory 2010" has been comprehensively researched and prepared, to bring you a fully up to date guide to India's rapidly growing steel makers. This Directory will be extremely useful to businesses that deal specifically with companies in the iron and steel industry, ferroalloys, consumable suppliers, raw material sellers, equipment makers and others.
Whether you are a product manager, in charge of marketing, raw material seller, in equipment business or simply interested to remain in touch with the latest developments in the Indian steel industries, this directory will save you time and effort in finding the information you need.
Why spend hundreds of hours searching for new contacts? Invest in a copy TODAY!
This directory covers name and details of 755 Indian steelmakers out of total 1000 plus units in India
Price:
Soft Copy: USD 1000 or INR 50,000
Special offer
For orders paid in March 2010, a special price of USD 750 (INR 40,000) is applicable.
Delivery - PDF file by E Mail on the receipt of payment
How to order
Ordering the report is simple. You can order your copy to reports@steelguru.com, which will send you an invoice of the report.
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| 41. Attract more visitors to your company web site - 16 Mar, 2010 | Top |
With the ever increasing use of internet for dissemination of information, every company’s website is becoming one of most important medium, with almost zero cost, to make announcements, solicit new clients and promote products.
Company websites, which are virtual show cases, are generally designed with great zeal and efforts but do not serve the full purpose as they lack viewers. In fact they are visited mostly by only those who are specifically referred thus limiting the reach severely.
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