Trade Resources Industry Views The ILPPI Surged by 23 Points on December 24, 2012

The ILPPI Surged by 23 Points on December 24, 2012

The Indian Long Product Price Index ILPPI surged by 23 points on December 24, 2012, whereas Indian Flat Product price index IFPPI has also gone up by 2 points. The overall Indian Steel Price Index INDSPI inclined by 13 points.

Class 21-Dec 24-Dec Change %
ILPPI 8771 8794 23 0.3%
IFPPI 8541 8543 2 0.0%
INDSPI 8661 8674 13 0.2%

ILPPI - Long Product Price Index
IFPPI - Flat Product Price Index
INDSPI - Indian Steel Price Index

Long Products

Category 21-Dec 24-Dec Change %
PI - TMT 9057 9101 44 0.5%
PI - WRC 8842 8842 0 0.0%
PI - Angle 8263 8286 23 0.3%
PI - Channel 8364 8387 23 0.3%
PI - Joist 7659 7680 21 0.3%

PI - Product Index

Flat Products

Category 21-Dec 24-Dec Change %
PI - Narrow Plates 8115 8117 2 0.0%
PI - Wide Plates 8484 8484 0 0.0%
PI - Hot Rolled 8287 8290 3 0.0%
PI - Cold Rolled 9346 9346 0 0.0%
PI - Galvanized 9021 9021 0 0.0%

PI - Product Index

These indices have base of 10,000 as on July 1st 2008 

Source: http://www.steelguru.com/indian_news/Indian_steel_price_index_reflects_positive_mood/296277.html
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Indian Steel Price Index Reflects Positive Mood
Topics: Metallurgy