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Chinese steel price index reflects sordid tale of overcapacity

The Chinese Long Product Price Index CLPPI has declined by 9 points.
whereas the Chinese Flat Products Index CFPPI has also declined by 2 points. The overall price index CHISPI has gone down by 5 points.

Class 09/06/14 10/06/14 Change %
CLPPI 5710 5703 -7 -0.12%
CFPPI 5442 5438 -4 -0.07%
CHISPI 5558 5553 -5 -0.09%


CLPPI – Chinese Long Product Price Index
CFPPI – Chinese Flat Product Price Index
CHISPI – Chinese Steel Price Index
Long Products

Category 10/06/14 11/06/14 Change %
PI-WRC 5675 5669 -6 -0.11%
PI-Rebar 5736 5725 -11 -0.19%


PI- Product Index
Flat Products

Category 10/06/14 11/06/14 Change %
PI-PLTS 4903 4898 -5 -0.10%
PI-HR 5463 5460 -3 -0.05%
PI-CR 5589 5588 -1 -0.02%
PI-GP 5890 5890 0 0.00%


PI- Product Index
Base of 10,000 as on July 2008

To know more about these indices please visit www.yaang.com

Sourced – Steel Prices China

About NCTV

www.yaang.com provide a wide range of steel products as Steel pipe, Steel pipes and seamless pipes, Alloy pipes, Pipe fittings, Composite steel pipe used in the industry, construction etc.

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