Metal

Price
Monitor
September 25, 2011

Vanijya Bhavan (1st Floor)

International Trade Facilitation Centre
1/1 Wood Street
Kolkata - 700016
http://www.eepcindia.org

Metal price Monitor

EEPC India has been providing the EEPC Metal Price Monitor to its members to keep them
updated of the monthly metal price fluctuation around the world. The monitor includes both
domestic and international prices of steel and other non-ferrous metals. The sources of the
price information are mentioned in appropriate places to intimate members from where the
prices have been taken.

Actual Steel Prices

VIZAG Current Prices -September 2011
Sl. No.

Item

Rs. Per tonne

Grade

Vizag

Ludhiana

Chennai

Mumbai

Kolkata

Billet 125x125 mm

IS 2830

35200

38300

36400

37500

36900

Channel 200x75 mm

IS2062 Gr.A

40550

41750

41250

41250

41250

Rebar 8mm

IS1786 Fe500D

43550

44750

44250

44250

44250

Round 20.64 mm

55Si7

45000

45000

45000

45000

45000

Round 40mm

SAE1018

39250

40450

39950

39950

39950

Wire rod 7 mm

PC115

41850

43050

42550

42550

42550

Wire rod 8 mm

EQ

43200

44400

43900

43900

43900

Pig Iron

LSB

25590

The above prices are Branch Level Prices incl. ED/cess and excl. VAT/CST, etc.

Ispat Prices
Following are ex-plant (Dolvi) prevailing prices of Hot rolled Coils valid from 1st August 2011
Description Thickness (MM) Quality (Base test grade) Width (MM) Base Price Ex-plant Rs./ Kg
1.5
IS 5986 Fe 410
1250
37.9
1.6
IS 5986 Fe 410
1250
37.6
1.8
IS 5986 Fe 410
1250
37.1
Sheet gauge
2
IS 5986 Fe 410
1250
36.7
2.5/3.0
IS 5986 Fe 410
1250
36.45
4
IS 5986 Fe 410
1250
36.2
5-10
IS 2062 Gr.B
1250
35.85
Plate gauge
12
IS 2062 Gr.B
1250
36.35
16
IS 2062 Gr.B
36.35
5-10
IS 2062 Gr.B
1250
37.2
Chequerred
4
IS 2062 Gr.B
1250
37.2
Coils
3
IS 2062 Gr.B
1250
38.2
Freight, Excise Duty (currently at 10%) and other applicable statutory levies & duties, as
applicable on the date of despatch, shall be in addition to the above.

SAIL prices for GC sheets - September 2011

[Rs. / tonne]

Eastern

Region

Branch
Calcutta / Durgapur
Siliguri
Bhubanesw ar
Rourkela
Patna / Musalapur /
Hajipur / Gaya /
Gopalgang / Rosera
Bokaro / Ranchi /
Deoghar / Dumka
Guw ahati
Shillong
Dimapur / Kohima
Imphal

State / UT
WB-1
WB-2
Orissa-1
Orissa-2

GCS - BSL
0.5 mm 0.63 mm
55900
54200
57300
55600
57300
55500
56400
54700

GCS - RSP
0.5 mm 0.63 mm
55400
53700
56800
55100
56000
54300
55000
53300

Bihar

56900

55200

56700

55000

Jharkhand

56500

54700

56400

54700

Assam
Meghalaya
Nagaland
Manipur

57700
58300
63000
64500

56000
56600
61300
62700

57400
57900
62600
64100

55600
56200
60900
62400

SAIL prices for GC sheets - September 2011

[Rs. / tonne]
GCS - BSL
Branch

Eastern

AIZWAL
Itanagar
Agartala
Gangtok

MIZORAM
ARUNACHAL
TRIPURA
SIKKIM

61300
59100
61200
60800

59600
57400
59500
59000

60900
58700
60800
60300

59200
57000
59100
58500

Northern

Delhi
Faridabad
Ghaziabad
Agra
Kanpur/Luck/Allahabad
Jallandhar
Ludhiana
Mandi
Chandigarh
Shimla
Rishikesh/Dehradun
Srinagar
Jammu
Leh

DELHI
HARYANA
UP
UP
UP
PUNJAB
PUNJAB
PUNJAB
CHANDIGARH
HIMACHAL
UTARANCHAL
J&K2
J&K1
J&K3

54500
55100
55100
55100
54400
55400
55400
55400
55000
56600
55000
58800
56600
61400

52800
53300
53300
53300
52600
53700
53700
53700
53300
54900
53300
57000
54800
59700

54300
54800
54900
54900
54200
55100
55100
55100
54700
56300
54700
57800
56200
61100

52600
53100
53100
53100
52400
53400
53400
53400
53000
54600
53000
56100
54500
59400

Kalamboli/Pune (non
octroi)

MAHARASTRA 1

58000

56300

56900

55200

MAHARASTRA 1
MAHARASTRA 2
MAHARASTRA 2
MAHARASTRA 2
MAHARASTRA 2
GOA
GUJRAT
CHATTISGARH
MP-1
MP-2
RAJASTHAN-1
RAJASTHAN-2
DADAR & NAGAR
HAVELI

59700
56700
57300
57800
58400
59400
58000
57000
58100
58600
54900
55000

57900
55000
55500
56000
56600
57700
56300
55300
56400
56800
53100
53300

58500
55500
56000
56600
57100
58200
57100
55800
57100
57400
54500
54100

56800
53800
54300
54800
55300
56500
55300
54000
55300
55700
52800
52300

57800

56000

56600

54900

TN-1, PONDI-1
TN-2, PONDI-1
KERALA-1,
PONDI-3
KERALA-2
AP-1
AP-2, PONDI-2
AP-2, PONDI-2
ANDAMAN &
NICOBAR
KARNATAKA

58200
58700

56400
56900

57000
57700

55300
56000

59100
59700
57300
56800
56900

57400
58000
55600
55100
55200

58100
58800
56200
55100
55800

56400
57000
54400
53400
54000

62100
58500

60400
56800

61000
57500

59300
55800

Western

Kalamboli/ Pune (octroi)

Nagpur(non octoroi)
Nagpur (octoroi 1%)
Nagpur (octoroi 2%)
Nagpur (octoroi3%)
Goa
Ahmedabad/Baroda
Bhilai
Jabalpur / Bhopal
Gwalior / Indore
Jaipur/Bharatpur
Kota
Silvasa
Chennai
Trichy/ Coimbatore

Southern

Cochin
Thiruvananthpuram
Hyderabad
Vizag
Vijaywada
Port blair
Bangalore

State / UT

GCS - RSP

Region

0.5 mm 0.63 mm 0.5 mm

0.63 mm

Average Steel Prices

Following prices are obtained from Joint Plant Committee.
Average Prices (As on 16-09-2011) Caution: These prices are not market prices
The average price is calculated as per the methodology prepared by the committee
constituted by members from SAIL, ERU & JPC.
(Rs per tonne)
ITEM
Pig Iron
Billets 100 mm
Blooms 150x150 mm
Pencil Ingots
Wire Rods 6 mm
Wire Rods 8 mm
Rounds 12 mm
Rounds 16 mm
Rounds 25 mm
Tor/TMT/CTD 10mm
Tor/TMT/CTD 12mm
Tor/TMT/CTD 25mm
Angles 50x50x6mm
Angles 75x75x6mm
Joists 125x70 mm
Joists 200x100 mm
Channels 75x40mm
Channels 150x75mm
Plates 6mm
PlatesiOmm
Plates 12mm
Plates 25mm
HR Coils 2.00mm
HR Coils 2.50mm
HR Coils 3.15mm
CR Coils 0.63mm
CR Coils 1.00mm
GP Sheets 0.40mm
GP Sheets 0.63mm
GC Sheets 0.40mm
GC Sheets 0.63mm
Melting Scrap H M S-l
Melting Scrap H M S-l I
Sponge Iron (Coal Based)

Kolkata
32000
38320
36450
32700
43980
43940
41520
41430
41010
42860
42030
42080
41630
41810
41370
41460
42350
41900
43770
43770
44820
48070
42300
43090
42920
47640
45830
54100
52910
54490
53690
26000
25000
23000

Delhi
36200
37680
35980
32000
45410
45110
42420
42420
42090
43870
42490
42630
41590
41590
41940
41940
42630
42270
44770
44770
45560
48850
43210
44160
44010
49180
49290
54570
52140
55550
53340
27000
26500
26000

Mumbai
29000
38260
36200
31000
46600
46200
43710
43660
43270
44430
43530
43500
42530
42220
42530
42650
43210
42500
44740
44690
45260
49090
42230
44200
44030
47360
48690
54240
54250
56720
55680
NA
NA
18000

Chennai
28350
37380
34980
34130
45230
44930
42140
42140
41800
43590
43010
43010
42500
42500
42560
42470
42960
41940
44420
44420
45130
49060
42030
43990
43830
47080
47980
56650
58800
60620
60210
23630
23100
20480

Source: Joint Plant Committee

NOTE:
All Prices are in Rs/Tonne and has been compiled on the basis of average of Main &
Secondary producers price.
Prices are inclusive of excise duty & sales tax / VAT Tax.
Prices are indicative
The indicative market price is calculated as per the methodology prepared by the
committee constituted by members from SAIL, ERU & JPC.

International Prices
LME OFFICIAL PRICES OF STEEL BILLETS, US$ PER TONNE [26 SEPTEMBER, 2011]
Buyer Category

Steel Billet

Cash buyer

565

Cash seller & settlement

565

3-months buyer

545

3-months seller

555

15-months buyer

605

15-months seller
Source: www.lme.com

615

INTERNATIONAL STEEL PRICE SCENARIO AS ON AUGUST 2011

USD/ Tonne
HRC
Country

August 2011 Price

India
965
China domestic
747 - 751
China export
710 - 715
N.Europe domestic
748 - 803
S.Europe domestic
720 - 759
N.America domestic
714 - 733
East Asia import
720 - 740
Brazil domestic
1525 - 1535
(-) implies prices have fallen since August 2011

Sept 2011 Price

924
737 - 741
710 - 715
714 - 763
709 - 758
742 - 768
720 - 740
1159 - 1242

Price Change
-41
-10
0
-40
-1
35
0
-293

PICTORIAL REPRESENTATION OF HRC PRICES AROUND THE WORLD

1242

Brazil domestic
740

East Asia import

N.America domestic

768

S.Europe domestic

758

N.Europe domestic

763

China export

715
741

China domestic

924

India
CRC

US$/T

200

400

600

800

1000

1200

1400

US$/ T
Country
August 2011 Price
India
1077
China domestic
835 - 841
China export
750 - 760
N.Europe domestic
841 - 903
S.Europe domestic
852 - 931
N.America domestic
869 - 906
East Asia import
780 - 830
Brazil domestic
1741 - 1882
(-) implies prices have fallen since August 2011

Sept 2011 Price

1031
851 - 864
750 - 760
810 - 862
834 - 918
854 - 898
790 - 840
1420 - 1538

Price Change
-46
23
0
-41
-13
-8
10
-344

PICTORIAL REPRESENTATION OF CRC PRICES AROUND THE WORLD

Brazil domestic

1538

East Asia import

840

N.America domestic

898

S.Europe domestic

918

N.Europe domestic

US$/T

862

China export

760
864

China domestic

1031

India
0

500

1000

1500

2000

WIRE ROD
US$/ T
Country
India
China domestic
N.America domestic

August 2011 Price

1003
777 - 780
1025 - 1047

Sept 2011 Price

974
781 - 783
1025 - 1047

Price Change
-29
3
0

(-) implies prices have fallen since August 2011

PICTORIAL REPRESENTATION OF WIRE ROD PRICES AROUND THE WORLD

N.America
domestic

1047

783

China domestic

India

US$/T

974

200

400

600

800

1000

1200

BILLET
US$/ T
Country
August 2011 Price
India
836
China domestic
693 - 695
China export
n/a
East Asia import
689 - 695
(-) implies prices have fallen since August 2011

Sept 2011 Price

801
700 - 701
n/a
692 - 698

Price Change
-35
6
n/a
3

PICTORIAL REPRESENTATION OF BILLET PRICES AROUND THE WORLD

East Asia import

698

US$/T
China domestic

701

India

801

640

660

680

700

720

740

760

780

800

820

PIG IRON
US$/ T
Country
August 2011 Price
India
754
China domestic
578 - 585
(-) implies prices have fallen since August 2011

Sept 2011 Price

757
589 - 600

Price Change
3
15

PICTORIAL REPRESENTATION PIG IRON PRICES AROUND THE WORLD

China domestic

600

US$/T

India

757

100

200

300

400

500

600

700

800

NOTE
Indian prices are converted from the JPC prices of 16th September 2011 at the
RBI exchange rate of 1 US$ = Rs 47.82 on 20th September 2011

Non Ferrous Metal Prices

NON-FERROUS METALS: PRODUCER'S PRICES
Aluminium (Updated as on 02/09/2011)
Effective
Producer
CG Ingot EC Ingot
Date
National Aluminium Co. Ltd
9/8/2011 137,400A 137,650*
24/08/2011 133,900^ 134,900^^
Hindalco Industries Ltd

CG Wire
Rod
140,850**
145,500

Rod Alloy
Wire Rod
142,150*** 143950****
145,500^^^ 153,000
EC Wire

Note. 1. Basic Prices are in Rs./tonne, (ex-smelter) excluding excise duty.

* - purity 99.0% to 99.5%
** - 99.S% to 99.799
*** - coniless thori 61%
****- tond.61.5% and nive
^ - purity 99.5% mini
^^ - 59.6% mini.
^^^ - Md.61% mini.
Producer
Hindustan Copper Ltd (excluding excise)
Copper Cathodes (Full)
Continuous Cast Copper Rods (8mm)
'Sterlite Industries (India) Ltd (excluding
excise)
Copper Cathodes (Full) CC
Copper Wire Rods (8mm)
Hindustan Zinc Ltd
Prime Western
(Ex Smelten Debari/ Chanderia)
High Grade
Special High Grade
Prime Western
(Ex- Bangalore)
High Grade
Special High Grade
Binani Zinc
(including excise) High Grade (Ex:Godown:
Bhiwandi)

Copper
Effective dates; Rs. / Tonne
% Change
1/9/2011
1/8/2011
1/7/2011
1/6/2011
445,229
464,098
441,184
435,998
-4.1
451,031
469,787
446,929
441,749
-4
1/9/2011
1/8/2011
1/7/2011
1/6/2011
("Sterlite Industries: Copper prices are provisional for the month of
445,409 446,287
465,423
442,399
-0.2
448,096
448,962
467,944
445,049
-0.2
ZINC
1/9/2011 29-08-2011 22-08-2011 11/8/2011
119,600
121,100
122,100
122,400
123,900
124,900
2/9/2011

117,200
118,700
119,700

114,300
115,800
116,800

120,000
117,100
121,500
118,600
122,500
119,600
31-08-2011 27-08-2011

112,700
114,200
115,200

2
2
2

115,500
117,000
118,000
26-08-2011

2
2
2

129,500

132,500

130,500

129,500

-2.3

Special High Grade

130,000

133,000

131,000

130,000

-2.3

Super Special High Grade

HighGrade
(Ex: Godown: Daman/ Silvassa)
Special High Grade
Super Special High Grade

130,500

133,500

131,500

130,500

-2.2

129,500
132,500
130,500
129,500
-2.3
130,000
133,000
131,000
130,000
-2.3
130,500
133,500
131,500
130,500
-2.2
LEAD
Hindustan Zinc Ltd
1/6/2011 29-08-2011 22-08-2011 11/8/2011
Purity 99.99% (Ex-Smelter:Chanderiya)
133,500
129,600
123,200
124,300
3
Purity 99.99%(Ex- Bangalore)
136500
132600
126.2
127300
2.9
CADMIUM (Rs./kg)
1/9/2011 22-08-2011 28-07-2011 14-07-2011
Hindustan Zinc Ltd (99.95%)
180
177
185
196
2
Note: 1. % chg. is of the latest price with respect to the immediately preceding price. 2. The
prices of HZL are excluding of excise duty, Sales Tax/ VAT and other statutory levies as applicable. (Source: MMR Weekly)

Non Ferrous Metal Prices

Price of Nalco Aluminium Company Ltd., India
ALUMINIUM CAST STRIP (RS/MT)
Sl.no.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Description
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium

Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast
Cast

Product Code
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip
Strip

CS 10
CS 11
CS 12
CS 35
CS 03
CS 50
CS 52
CS 86
CS 80
CS 31
RT 10
RT 11
RT 12
RT35
RT03
RT 52
RT80
RT31

Basic Price Ex-Works w.e.f.

01.09.2011
148150
147200
147200
147200
148150
147200
148700
148700
147200
148700
148150
147200
147200
147200
148150
147200
148700
147200

ALUMINIUM ALLOY INGOT (RS/MT)

Sl.no.

Description

Product Code

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

ALUMINIUM ALLOY INGOT

ALUMINIUM ALLOY INGOT
ALUMINIUM ALLOY INGOT
ALUMINIUM ALLOY INGOT
ALUMINIUM ALLOY INGOT
ALUMINIUM ALLOY INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT
ALUMINIUM INGOT

IA10
IA30
IA40
IA50
IA70
IA80
IC20
IE07
IE10
IE20
IL10
IL11
IL12
IL13
IL14

Basic Price Ex-Works w.e.f.

01.09.2011
142000
142250
142900
141900
142900
142700
139400
139700
139650
139450
139100
139100
138800
138500
138200

ALUMINIUM SOW INGOT (RS/MT)

Sl.no.
1
2
3
4
5
6
7
8

Description
ALUMINIUM
ALUMINIUM
ALUMINIUM
ALUMINIUM
ALUMINIUM
ALUMINIUM
ALUMINIUM
ALUMINIUM

SOW
SOW
SOW
SOW
SOW
SOW
SOW
SOW

Product Code
INGOT
INGOT
INGOT
INGOT
INGOT
INGOT
INGOT
INGOT

SC20
SE07
SE10
SL10
SL11
SL12
SL13
SL14

Basic Price Ex-Works w.e.f.

01.09.2011
139400
139700
139650
139100
139100
138800
138500
138200

WIRE RODS (RS/MT)

Sl.no.

Description

Product Code

1
ALUMINIUM ALLOY WIRE ROD
ALUMINIUM ALLOY WIRE ROD
2
ALUMINIUM WIRE RODS
3
ALUMINIUM WIRE RODS
4
ALUMINIUM WIRE RODS
5
ALUMINIUM WIRE RODS
6
ALUMINIUM WIRE RODS
7
ALUMINIUM WIRE RODS
8
ALUMINIUM
FLIPPED WIRE ROD
9
ALUMINIUM FLIPPED WIRE ROD
10
ALUMINIUM FLIPPED WIRE ROD
11
ALUMINIUM FLIPPED WIRE ROD
12
ALUMINIUM FLIPPED WIRE ROD
13
ALUMINIUM FLIPPED WIRE ROD
14
ALUMINIUM BILLETS (RS/MT)

WA10
WA20
WC10
WC12
WE10
WE12
WE20
WE22
WF10
WF12
WF20
WF22
WF30
WF32

Basic Price Ex-Works w.e.f.

01.09.2011
145950
147200
142850
142850
144150
144150
143950
143950
146650
146650
146450
146450
145350
145350

Basic Price Ex-Works w.e.f. 01.09.2011

Sl.No.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Description

Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium
Aluminium

Product Code

Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets
Billets

127
145600
145300
145600
145300
145350
145050
146750
146450
146200
145900
145350
145050
145350
145050
145600
145300
145600
145300
145600
145300

CH10
CN10
CH20
CN20
CH63
CN63
CH61
CN61
CH82
CN82
CH64
CN64
CH65
CN65
CH05
CN05
CH50
CN50
CH70
CN70

Diameter (in mm)

152/178/203/229
144100
143800
144100
143800
143850
143550
145250
144950
144700
144400
143850
143550
143850
143550
144100
143800
144100
143800
144100
143800

MCX Prices
SPOT PRICES (26/09/2011)
Metal
Unit
Aluminium
1 KGS
Copper
1 KGS
Zinc
1 KGS
Lead
1 KGS
FUTURE PRICES
Metal
Expiry Month
Aluminium
30-Dec -11
Copper
30-Apr-12
Zinc
30-Dec -11
Lead
30-Dec -11

Location
MUMBAI
MUMBAI
MUMBAI
MUMBAI

Price(Rs)
106.7
350.1
91.05
97.2

Unit
1 KGS
1 KGS
1 KGS
1 KGS

Price(Rs)
108.75
357.5
94.2
98

10

International Non Ferrous metal prices

LME OFFICIAL PRICES, US$ PER TONNE FOR 26 SEPTEMBER 2011
Buyer Category
Cash buyer
Cash seller & settlement
3-months buyer
3-months seller
15-months buyer
15-months seller
27-months buyer
27-months seller

Aluminium Alloy
2210
2220
2205
2215
2215
2225
2215
2225

Aluminium
2205
2206
2243
2244
2323
2328
2405
2410

Copper
7415
7416
7445
7450
7485
7495
7475
7485

Lead
2030
2035
2010
2015
2060
2065
2097
2102

Zinc
1918
1919
1940
1941
2010
2015
2040
2045

Nickel
18605
18610
18630
18635
18640
18740
18640
18740

11