Steel Price Index Presentation

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    Steel Price Index

    INDSPI / ILPPI / IFPPI

    INDIA

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    Abou t us

    We are a part of SteelGuru.com the most popular English based steelportal in the world with average 60,000 page hits per day.

    SteelGuru.com is ranked around 50,000 amongst all global web sites,ahead of renowned names in steel publications anywhere.

    SteelGuru.coms e-mail based daily news letter Steel Trade Today hasan ever growing bank of 35000 subscribers spread over 170 countries.

    SteelGuru.com provides a host of other services for steel and related

    industry.SteelGuru.com is providing steel pricing information in India, China and

    Middle East through separate ventures.

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    G loba l sp re ad

    www.steelguru.com

    Steel Trade Today

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    steel price s.c om

    Why .

    P rovide active reference to users for comparing transaction prices.

    What..

    P rovide daily prices for benchmark steel products in commercially vital locationsIndia, China and Middle East.

    Trend analysis and movement of steel prices.

    Export price levels of major steel trading countries like Ukraine and China.

    General information related to the steel industry overall.

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    Steel price indice s

    What ..

    B arometer to track and measure steel price movements on a daily basis.

    Why .

    Steel prices, being 4% of the Wholesale P rice Index in India, constitutesa critical factor in monitoring and controlling economic activity and inflationarypressure.

    Outlines domestic steel market price movements on a daily basisthereby facilitating steel buyers, steel makers, bankers and analyst takeaccurate pricing decisions.

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    M eth od ology

    B asis .

    P rice Input from steelprices-india.com 5 daysa week

    4 metros as reference locations since major volumes are transacted there continually

    B ase price taken as on 30 th June 2 008

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    M eth od ology

    B enchmark products - Long

    P roduct Grade Size

    TMT Fe 415 1 2 mmWRC SWR14 5.5/6 mm Angles Gr A 65 x 6 mmChannel Gr A 75/100

    Joist Gr A 2 50 x 1 2 5 mm

    B enchmark products - Flat

    P roduct Grade Size

    HRC Tube 2 .5 x 1 2 50 mmP lates GR A 8 x 1 2 50 mmP lates GR B 12 -2 0 x 2 500 mmCR DSK 0.63 X 1000 mmGP 100 gms 0.4 mm

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    M eth od ology

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    How .

    Region-wise sales pattern is considered to give weightage for

    each item.

    B ased on this, the P rice Index ( P I) for each product isdetermined.

    The 2 007-08 share of each product in Total Long product and in

    Total Flat product sales are interpolated.

    Thus, we arrive at the:Indian Long P roduct P rice Index ( ILPP I)Indian Flat P roduct P rice Index ( IFPP I)

    Based on the ratio of long to flat in total sales, theIndian Steel P rice Index ( INDS PP I) is calculated

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    T h ank you .

    704 B , Millennium P laza, Sushant Lok 1, Gurgaon 1 22 00 2 India+91 1 2 4 4048993 ( P ); +91 1 2 4 4048993 (F );

    [email protected]