India: Structure Prices Invariable in Mumbai 

Structure prices in Mumbai remain unchanged during this week (23-27 Sept'13). Last change was seen on 21st September 2013, when prices had improved marginally.

As Ingot and Billet prices are constant from beginning of the week, Structure manufacturers followed the trend and kept their offers unchanged. Ingot offers today is at INR 31,300/MT and Billet at INR 31,600/MT which is the same as yesterday. In line Structure offers also remain unchanged and 40 Angle offers are at INR 35,900/MT. A well known trader based at Mumbai says to SteelMint that “Market will surely improve after Navratri, but right now demand for the material is average thus we are not able to hike prices.”


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