Structure Demand seems Good in January – Market Players

Prices of Structure remain unchanged in Central India. Whereas, Western India’s prices move up by INR 200/MT in last 2-3 days, but market recovered quickly by INR 200/MT after falling slightly.

Central India’s Structure market remains constant from last week. Average demand hold the prices, while Re-bar offers fell by INR 150/MT in W-o-W basis.

During the conversation, a responsible person from well known Structure plant said, “we already received booking for January in large quantity and expects that to increase in coming days. According to us demand is good till February, after that demand may slow down.”

On the other side in Maharashtra prices marginally fell, but it’s also recovered quickly as well. Prices increased by INR 200/MT and offers at INR 36,100/MT for 40 mm Angle. On an average basis 150-200 MT material sold per day in Maharashtra.