Demand for structure in South Indian market has increased in last two weeks, as buyers are showing their interest for purchasing light structure from Raipur due to cheaper offers in comparison to their local market. During the conversation a well known trader based at Hyderabad said, “We are purchasing light and medium structure from Raipur at present, as we are getting cheaper offers from there”.
Offers for Hyderabad from Raipur is at Rs 31,400-31,600/MT for 40 Angle, in same time offers for buyers based at Raipur market is at Rs 31, 800/MT for 40 Angle. On the other side 40 Angle in Hyderabad market is at Rs 33,200/MT.
Offers in Raipur: 50 Angle @ Rs 31,700-800/MT, 100 Channel @ Rs 31,600-800, 125 Beam @ Rs 32,000-100/MT.
Offers in Hyderabad: 50 Angle @ Rs 33,200/MT 100 Channel @ Rs 33,300/MT, 125 Beam @ Rs 33,300/MT.
All Basic Prices.
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