Steel Price Index

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Steel Price Index

Middle East
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About us
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• We are a part of SteelGuru.com the most popular
  English based steel portal in world with average
  40,000 page hits per day.
• SteelGuru.com is ranked around 100,000 amongst
  the global web sites, ahead of renowned names in
  steel publications
• SteelGuru.coms e mail based daily news letter
  Steel Trade Today has an ever growing bank of
  35000 subscribers spread over 168 countries.
• SteelGuru.com provides a host of other services
  for steel and related industry
• SteelGuru.com is providing steel pricing
  information in Middle East, India China
  through separate ventures

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Global spread
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www.steelguru.com
Steel Trade Today
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steelprices.com
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• Why .
• Provide bench mark to users to compare the
  transaction prices
• What..
• Provide daily prices for benchmark products in
  commercially vital location in
• Middle East
• Trend analysis and movements of prices
• Export levels from major trading countries like
  Ukraine and China
• General information related to the industry

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Steel price indices
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• What ..
• Barometer to track and measure price movements on
  a daily basis.
• Why .
• Steel prices, accounting for a major portion of
  the Wholesale Price Index,
• are a critical factor in monitoring and
  controlling the Inflationary pressure.
• Outlines the way local steel market is moving on
  a daily basis
• thereby facilitating steel buyers, bankers
  and analyst take accurate
• decisions.

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Methodology
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• Basis .
• Price Input from steelprices-middleeast.com
• 5 days a week
• 5 reference locations at UAE, Saudi Arabia,
  Bahrain, Kuwait Qatar as major volumes are
  transacted there
• Base price taken on 30th June 2008

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Methodology
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Bench mark products - Long Product
Grade Bars BS 4449 Grade 460 B
Rods SAE 1008 Angles A 36/275JR
Structural HEA
Bench mark products - Flat Product Grade
Size HRC Tube 2.5 x
1250 Plates A36/SS400 8 x 1250 Plates
S275 JR HRS HDG 0.70
MM CRS Commercial
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Methodology
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• How .
• We have taken country wise sales pattern to give
  weight age for each item
• Based on this Price Index (PI) for each product
  is arrived at
• Than we have taken 2007-08 share of each product
  in total Long product sale and in Total Flat
  product sale.
• This gives us Long Product Price Index (LPPI)
  
• Flat Product Price Index (FPPI)
• Based on this ratio of long to flat in total
  sales
• Steel Price Index (MEASPI) is calculated

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Movement so far.
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Long products
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Flat products
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Thank you.
704 B, Millennium Plaza, Susahnt Lok 1, Gurgaon
122002 India 91 124 4048993 (P) 91 124 4048993
(F) admin_at_steelprices-india.com