/24-7PressRelease/ - Gurgaon, India, June 20, 2008 - A steel user, however big or small, is always concerned about steel buying as it is normally a big ticket item, but there is no bench mark available to steel buyers to compare their transaction prices, which in a big way decided their bottom line. Lastly, steel has been very volatile in last 6 months and has effected many users in a very severe way making it all the more important to track the prices and trends.
http://www.steelprices-india.com is a new portal that provides domestic pricing information for benchmark steel products in each category at select location in China on a regular basis 5 days a week. In addition, FOB levels for commonly exported steel products from two of the major exporting nation Ukraine & Russia and China are also available on daily basis to give a sense of alternates.
This would assist persons, including steel makers, traders, users and others, who are connected with industry in some way to asses the steel pricing trends and utilize in their day to day working to take considered decisions.
Benchmark products at select locations cover the entire basket of garden variety of steel products including input material for steel making and processing.
Mr N Sharma of SteelGuru.com said that "We have been receiving requests from Steel Trade Today subscribers for domestic steel prices during the last 3 years of SteelGuru's operations. The volatility in the steel market in last 6 months to 8 months also propelled us to put it up quickly."
Mr Sharma added that similar services are being launched for other emerging market like China as well as Middle East.
http://www.steelprices-india.com is developed and run by none other that http://www.steelguru.com, which has become the largest English based steel portal in the world, with more than 1 million page hits per month in just 3 years of operations.
About Steel Prices India
http://www.steelprices-india.com is a new portal that provides domestic pricing information for benchmark steel products in each category at select location in China on a regular basis 5 days a week.
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