Light Structure prices in Mumbai open down by Rs 300/t after keeping price unchanged this week. Angle 40, 65 offered at Rs 33800/t (Basic) that is down by Rs 300/t WoW basis. Offers of premium brand remain at Rs 34000/t. MS Ingot offer is at Rs 28500/t down by Rs 300/t from yesterday closing.
Raipur heavy structure prices also show downward sentiment as trader float discount of Rs 300-500/t to book sales. Distributor says, “Market demand is dull in Maharashtra, U.P and South as overall buying sentiment is not improving” 200 Beam is offered at Rs 32,200/t (Basic). Premium brand material is available at Rs 32,500/t. In line 600 Beam is available at Rs 34,100-200/t. Similarly light Angle of 40×5 is offered at Rs 31,600/t that is lower by Rs 300-500/t W-o-W basis. Raipur Ingot trading at Rs 27,500/t and Billet at Rs 28,100/t.
Durgapur structure prices is also reported low as light angle 40,50,65,75 are trading at Rs 33,200/t (basic) that is down by Rs 300/t. Premium brand 200 Beam is offered at Rs 33,300/t and 400 Beam Rs 34,700/t. MS Ingot last traded at Rs 27,300 and Billet traded at Rs 27,800/t (basic). All price are basic
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