News & Trends
Cut your project costs by optimizing steel purchases - 31 Aug, 2010
Steel purchase is always a big ticket item in all projects and project managers and purchase in charge are normally looking to buy their steel requirements at correct market prices in time to meet their deadlines.

But, as the purchase managers are busy in sourcing too many items, many of them, despite steel being very high value item, tend to depend on market feedback on one or more people in their supply chain giving chance for biased inputs at times.

In order to support you, we have launched a tailor made pricing service covering rebar (TMT), structurals, plates an pipes in various locations in India. You can now track domestic prices on daily basis in India and probably take better buying decisions. The service also provides you with global levels for these products.

Methodology
Benchmark products from each category
At select but relevant locations
The prices are picked up from various locations through our network of own people
Prices reported are transaction prices on retail basis and include retailer's margins

Product Locations Matrix

A. Domestic Levels

Rebars 122m, 25mm in Fe415 and Fe500
Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Indore, Kanpur, Kolkata, Mandi, Mumbai, Rudrapur

Angle 65x6, channel 75/100 and joists 250x125
Ahmedabad, Bangalore, Chennai, Delhi, Indore, Kanpur, Kolkata, Mandi, Mumbai, Raipur, Rudrapur

Plates 5-10 in 1250/1500 and 12-20 in 2500
Ahmedabad, Bangalore, Chennai, Delhi, Indore, Kanpur, Kolkata, Mumbai, Raipur, Rudrapur

Pipes, Black in heavy grade and GI in medium grade ½" to 6"
Mumbai, Delhi, Chennai, Kolkata, Ghaziabad, Kanpur, Ludhiana, Mandi, Ahmedabad, Indore, Bangalore and Raipur

B. International levels

Rebars
LocationsCISChinaTurkey
GradeA300C-A500CHRB400BSt500
Size12-32 mm12-25mm8-32mm

Plates
LocationsCISChina
GradeA36SS 400
Size8-30 mm12-40mm

Updation
Domestic prices are updated 5 times week and are displayed on daily, weekly and monthly basis
FOB levels are updated once a week

Delivery
Users are given an ID and PASSWORD, for accessing the sites after subscription payment is received

Other features

The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.

In addition, you can monitor currency exchange rates, metal prices, BDI for the day as well as access their archives for past data.

Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.

Subscription charges for 12 months access
CurrencySingle2-56-1213-2526-4040-60
INR44,000 88,000 143,000 297,000 440,000 583,000
USD1,100 2,200 3,630 7,260 11,000 14,300


How to subscribe
1. Register at www.steelprices-india.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-india.com.
3. Call at 0091-124-3007891/2/3

(Sourced from www.steelprices-india.com)



Today's News
Clips
0blt1 Lunar eclipse in dragon leaves an emaciated steel market
0blt1 Chinese steel price index down by 3 points on February 04
0blt1 Iron ore price to rise in Northeast China Liaoning
0blt1 Chinese domestic steel rebar prices update on February 04
0blt1 Chinese steel enterprises see 5pct fall in gross profit in 2011
0blt1 Chinese domestic steel wire rod prices fall at some places on February 04
0blt1 Chinese domestic HR steel prices update on February 04
0blt1 Chinese domestic steel plate price movement on February 04
0blt1 Chinese domestic steel billet price update on February 04
0blt1 Chinese domestic pig iron prices remain flat on February 04
0blt1 Chinese domestic narrow HR strip price movement on February 04
0blt1 Chinese domestic CR steel prices remain flat on February 04
0blt1 Chinese domestic galvanized steel HDG prices remain flats on February 04
0blt1 Chinese domestic steel Angle price movement on February 04
0blt1 Chinese domestic steel channel price update on February 04
0blt1 Chinese domestic steel beam price update on February 04
Announcements
0blt1 Iranian steel market trend in week 05 2012 - Long products
News And Trends
0blt1 HRC steel import threat re emerges on the Indian horizon
0blt1 Indian steel price index remain flat on February 6
0blt1 Sponge iron prices crash on February 6
0blt1 Pencil ingot prices in reverse gear in major places on February 6
0blt1 Steel wire rod price jump in Delhi on February 6
0blt1 Rebar TMT QST price movement in India on February 6
0blt1 Steel angle price jump in Delhi on February 6
0blt1 Patra Narrow HR steel strips price movement on February 6
0blt1 Steel melting scrap price fall in Ludhiana on February 6
0blt1 Steel joist I Beam prices scenario in major places on February 6
0blt1 Steel light channel prices up in Delhi on February 6
0blt1 Steel plate cuttings price remains flat at Alang on February 6
0blt1 Pig iron price update on February 6
0blt1 HR steel price update on February 6
0blt1 Narrow HR steel plate price remain flat on February 6
0blt1 Wide steel plate prices remain flat on February 6
0blt1 CR steel price movement on February 6
0blt1 GP steel HDG prices remain flat on February 6
0blt1 GC steel HDG price movement on February 6
Export And Import Levels
0blt1 BDI surged by a single point on February 6 2012


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Currency Rates
06 Feb, 2012
USD 1.0000
AUD 0.9329
BRL 1.7166
CAD 0.9955
CNY 6.3088
EUR 0.7642
GBP 0.6339
INR 48.7271
JPY 76.7910
RUB 30.1796
ZAR 7.5624
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