Hyderabad’s trading is numb because of ongoing Telangana issue, while Structure prices improved there. Offers in other Indian Structure market more or less same.
Poor transporting from Hyderabad holds market and slowed down the buying movement of Structure. However, prices increased slightly by INR 100/MT from Wednesday as manufacturing is limited.
A Hyderabad based manufacturer said, “Around 40% of current production converted in stock as buying dropped down. Demand from Bangalore is also affected owing to transporting problem. We don’t expect much improvement in demand until Telangana issue solved.”
Western & Central India’s Structure market remains unchanged. Buying is average in Raipur & Ahmedabad but in Mumbai, its registered marginal improvement from previous week.
On the other side in Durgapur, Structure offers drop by INR 100/MT on account of falling Ingot/Billet prices. Ingot/Billet prices fell by INR 200-500/MT in a week’s time.
|
City wise Structure prices as on 20 Feb, 2014 |
|||
|
City |
Ingot |
Structure |
Price |
|
Raipur |
29,850* |
50 Angle |
33,300 |
|
75 Channel |
33,900 |
||
|
150 Beam |
34,000 |
||
|
Durgapur |
30,300 |
40 Angle |
35,200 |
|
100 Channel |
35,300 |
||
|
150 Beam |
35,700 |
||
|
Mumbai |
32,300* |
40 Angle |
36,200 |
|
75 Channel |
37,200 |
||
|
150 Beam |
37,400 |
||
|
Hyderabad |
32,000 |
40 Angle |
35,500 |
|
75 Channel |
36,000 |
||
|
250 Beam |
36,000 |
||
|
Ahmedabad |
33,000 |
40 Angle |
35,300 |
|
75 Channel |
35,500 |
||
|
150 Beam |
36,100 |
||
Note: All basic Prices, Loading & Taxes Extra, *Payment next day
Leave a Reply