Bengal supply finish products like TMT, Structure and wire rod to U. P & Bihar but due to Kumbh festival, transportation went down in the region.
It is being heard that, Raigarh Ingot sold to Ghaziabad at Rs 28800-900++ (reguler payment) and also Raigarh sold
Ingot to Raipur at FOR Rs 29200++ (payment next day). However
major buying were seen from U.P
Manufacturers waiting for
finish demand to increase after budget.
‘We expect market to revive, as major
finish buying was stopped due to budget session as buyer anticipated change in
Excise duty,’ said an Ingot manufacturer based in Raipur.
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