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| Monday Market Monitor - Metals - WEEK 35 - On the roll again - 06 Sep, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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After loosing severely in the previous week, base metals at LME surged after payroll data in the US eased concern that the economic recovery is faltering although tepid US service sector data cooled a market on weekend. Base metal prices got an early boost from a report that US non farm payrolls fell 54,000 in August, much less severe than the 100,000 job losses analysts had forecast. Also, there were 123,000 fewer jobs lost in June and July than previously reported. The US dollar fell against the euro as economic reports boosted appetite for riskier assets, also supporting base metal prices last week. But the rally fizzled a bit when data showed the Institute for Supply Management's index measuring US non manufacturing sector grew less than expected in August. London Metal Exchange Rates Cash Buyer
Change is on Sep 2nd 2010 as compared to Aug 26th 2010 In USD per tonne 1. Zinc London Metal Exchange Rates Cash Buyer
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In USD per tonne 2. Nickel London Metal Exchange Rates Cash Buyer
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In USD per tonne 3. Tin London Metal Exchange Rates Cash Buyer
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In USD per tonne 4. Aluminium London Metal Exchange Rates Cash Buyer
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In USD per tonne 5. Copper London Metal Exchange Rates Cash Buyer
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In USD per tonne www.steelprices-india.com is a comprehensive portal that provides domestic pricing information for benchmark steel products in each category at select location in India on a regular basis 5 days a week and international price levels on a weekly basis. As steel in each category comes in hundreds of grades shapes and sizes, we have taken benchmark products in each category at select locations to cover the entire basket of garden variety of steel products including input material for steel making and processing. Products covered 1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms 2. Long products - Rebar, wire rod, angle, channel and joists 3. Flat products - Narrow plates, wide plates, HR, CR and galvanized 4. Others - Pipes Methodology and access 1. Benchmark products in each category with fixed commonly used sizes and grades 2. Base prices or effective, as per market trends 3. Average transaction levels which have settled well, based on continuous interactions with domestic mills, overseas suppliers, importers stockiest & service centers and buyers 4. On fixed market oriented payment terms 5. Daily updates 6. Data available since July 2008 5. Access through web site Price basis Without ED and VAT for all products except for rebar and sections 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
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) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Announcements | ||
 | Iranian steel market trend in week 05 2012 - Long products | |
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| BDI surged by a single point on February 6 2012 | |
