Primary steel producer had kept their finish long offers unchanged for November’13 and it seems that they are likely to keep it same again for December’13 as finish long market need some more improvements in demand.
On the other hand in secondary Re-bar market premium brands prices increased by INR 1,300-1,900/MT.
In Maharashtra Guardian TMT a Mumbai based brand’s prices increased by INR 1,900/MT from 1 Nov, to till date. 20mm TMT is offered at INR 35,300/MT exclude taxes.
Anant TMT manufacturer, based at Indore, MP has increased its prices by INR 1,300/MT in same period (from 1 Nov to till date). Presently its offer is at INR 36,100/MT for 20mm. (Basic Price)
High Raw material and Semi finish products prices are the reasons behind these increment in prices.
Primary TMT prices (in INR/MT) as on month Nov 2013
|
Region |
Particular |
Price (Basic) |
Price#(All Tax) |
M-O-M |
|
North India |
Delhi/NCR |
38,000 |
44,800 |
– 250 |
|
West India |
Mumbai |
37,200 |
43,900 |
– 350 |
|
South India |
Chennai |
38,800 |
45,800 |
– 250 |
|
Hyderabad |
37,800 |
44,600 |
– 350 |
Monthly Assessment
Size – 12MM
Grade- 500 Fe
Excise Duty @ 12.36% ;VAT as applicable.
# Prices including all taxes
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