Item  Item        Location              Price/Mt  
Angle 40*40*5     Mandi Gobindgarh     30000
Angle 40*40*6     Mandi Gobindgarh     30000
Angle 50*50*5     Mandi Gobindgarh     29900
Angle 50*50*6     Mandi Gobindgarh     29900
Angle 65*65*5     Mandi Gobindgarh     30000
Angle 65*65*6     Mandi Gobindgarh     30000

Contact Person
You may contact
Mr. Aman Jain
Mr. Gaurav Jain

Telephone No.    
      +91 -1765-507059, 255042, 258159

      +91-98154-59000

E-mail Address    
      +91-1765-258159,

E-mail Address    
      gaurav4_27@yahoo.co.in
      Info@ashoksteel.com

Website Address    
      www.ashoksteel.com

source http://www.ashoksteel.com/prices.php

Contact Person
You may contact
Mr. Aman Jain
Mr. Gaurav Jain

Telephone No.    
      +91 -1765-507059, 255042, 258159

      +91-98154-59000

E-mail Address    
      +91-1765-258159,

E-mail Address    
      gaurav4_27@yahoo.co.in
      Info@ashoksteel.com

Website Address    
      www.ashoksteel.com

Prices of power-station coal in Australia, a benchmark for Asia, rose to a three-month high of $66 a tonne this week, tracking a rally in oil markets while steady Chinese demand also offered underlying support. Thermal coal prices on the global COAL Newcastle weekly index rose $2.62 from the previous week to $66 a tonne, the highest since February 27.

9.5% GAIN FOR CRUDE OIL
"Coal prices are largely tracking the gains we saw in crude oil markets last week. Fundamentally, prompt coal demand from China is also quite strong," said an Australia-based coal trader. US crude oil futures gained 9.5 per cent last week to hover near a six-month high of bove $61 a barrel, on supply disruptions and refinery problems in the US.
"Enquiries from China are still coming in and that's also helping to hold up Asian prices," he said. China's appetite for overseas coal has helped to offset slumping demand from Japan, the world's No. 1 coal importer, and propped up Asian coal prices since the start of the year.

IMPORTS SOAR
Government data showed Chinese coal imports soared to a record high of 9.16 million tonnes (mt) in April, up 3.4 mt from a month earlier and far exceeding market expectations.

OPTIMISM
Some producer sources said they remain optimistic that China's demand for overseas coal would stay robust in the next few months, supported by a gradual recovery of its economy, a seasonal rise in coal consumption and high domestic coal prices.

18 April 2009

GIRDERS

150 X 75mm, 175 X 90mm, 175 X 85mm, 160 X 80mm.......30800/-

200 X 100mm Light........................................................30800/-

250 X 125mm Light........................................................32000/-

300 X 140mm Light........................................................31600/-

Heavy Girders

175 X 85mm.................................................31200/-

200 X 100mm...............................................31300/-

300 X 140mm...............................................31600/-

CHANNEL

75 X 40mm...................................................30100/-

100 X 50mm.................................................30200/-

125 X 65mm, 150 X 75mm Heavy................................. .31000/-

175 X 75mm.................................................31100/-

200 X 75mm.................................................30800/-

250 X 82mm ................................................32500/-

125 X 65 Light..............................................31200/-

125 X 65 Heavy.............................................30900/-

H. BEAM

100 X 116.......................................................31300/-

150 X 150.......................................................31600/-

ANGLES

50 X 5mm.......................................................29600/-

40 X 5mm.......................................................29700/-

INGOTS

M.S. ...........................................................26200/-

L.C. ............................................................26700/-

MELTING SCRAP (F.O.R.) *Excise Duty Extra

Old Melting Scrap..........................................20500/-

M.S. Scrap...................................................22500/-

Turning Boring..............................................20500/-

TMT (MS)

12 mm.........................................................29400/-

ERW PIPE

Basic Rate 40 OD 9 Kg. ..................................30700/-

SQUARE PIPE

31X31 - 9 Kg. ...............................................31200/-

Patra Basic Rate...........................................30300/-

By Gaurav Jain
http://www.ashoksteel.com
We'll be happy to discuss with you the requirements of your company.
Contact us!
Contact Person
You may contact
Mr. Aman Jain
Mr. Gaurav Jain

Telephone No.    
      +91 -1765-507059, 255042, 258159
      +91-98154-59000
     +91-1765-258159,

E-mail Address    
      gaurav4_27@yahoo.co.in
      Info@ashoksteel.com

Website Address    
      http://www.ashoksteel.com

Postal Address    
      Ashok Steel Industries,
G.T,Road, Sirhind Side,
Village Ajnali, Mandi Gobindgarh 147301
Distt: Fatehgarh Sahib (Punjab)

MS FLAT
40 X 5-100 X 25  37600/MT

MS ROUND
16-25 MM        37500/MT

MS SQUARE      
16-25 MM        37500/MT

INGOT           33500/MT

for more details on Product Prices and related matters kindly contact Mr. Gaurav Jain at info@ashoksteel.com or on Mob.no.09815459000

Steel Prices as on 26-4-08

Ghaziabad             29890      
Kolkata               25040
Mandi Gobindgarh      29890
Mumbai                29350    
Raipur                27675

Steel ingot prices were on a downward trend since the last week of March and hit the nadir on April 23. From April 24, prices in the spot market started moving up across the country.

During the last three days, ingot prices moved up in the range of Rs 250 (lowest increase in Kolkata) and Rs 1,890 (highest increase in Gaziabad).

A large number of TMT makers, both branded an unbranded, are planning to increase their prices in May to pass on the increased cost. However, none of them had reduced prices when ingot prices went down by around Rs 4,000-5,000 per tonne over a period of one month.
Regional brand price

As of now, prices of TMTs manufactured by strong regional brands like Kamdhenu, Rathi, Goel, Barnala, Ambala, and Jaibharat are lower by around Rs 3,000-5,000 per tonne compared to Tata Steel's products. Unbranded TMTs are sold at rates lower by around Rs 8,000 per tonne, compared to Tata Steel prices.

Increase in prices of products manufactured by the medium-sized companies would directly hit the common man because it is these items that are used for building houses and other commercial and residential properties because the two largest manufacturers -- RINL and Tata Steel -- sell most of their produce to the big infrastructure projects.

According to the manufacturers, the present price rise is a correction of the aberrations that had set in the market following talks of excise cut.
Fear of excise

According to Mr Satish Agarwal, the Chairman and Managing Director of Kamdhenu Ispat, "the fear of excise cut was pulling down prices in the local markets abnormally to ensure that when the cut comes, there is no major impact overnight. But with rising prices, the re-rolling units will normally pass it on to the customers."

Explaining the economies of the re-rolling units, Mr Agarwal said that for these products, the rolling cost, which is the cost of conversion of ingots or billets into long products, is around 13 to 14 per cent of the cost. Their profit margins are very thin. "So there is a strong possibility of prices going up," he said.

Sources in the National Commodity & Derivatives Exchange said that spot market prices have increased in the range of 1 per cent to 6.75 per cent in various centers since Wednesday.

"However, prices are still substantially lower than their March 24 peaks," officials pointed out.

MS FLAT
40 X 5-100 X 25  34100/MT

MS ROUND
16-25 MM        34000/MT

MS SQUARE      
16-25 MM        34000/MT

INGOT           38000/MT

for more details on Product Prices and related matters kindly contact Mr. Gaurav Jain at info@ashoksteel.com or on Mob.no.09815459000

MS FLAT
40 X 5-100 X 25  40600/MT

MS ROUND
16-25 MM        40500/MT

MS SQUARE      
16-25 MM        40500/MT

INGOT           36000/MT

for more details on Product Prices and related matters kindly contact Mr. Gaurav Jain at info@ashoksteel.com or on Mob.no.09815459000