Indian structure prices has witnessed sharply move upwards in the starting of the current week after the MIP imposed was on 5 Feb’16. But due to weak demand in higher rates, structures manufactures are bound to decrease offers in the last few days especially in Raipur.
Currently, 100*100 mm angle offers are assessed at INR 28,100/MT in Durgapur, INR 28,000/MT in Ahmedabad, INR 25,500/MT in Raipur and INR 28,500/MT in Hyderabad.
In the meantime, 200*75 channel is offered at INR 28,100/MT in Durgapur, INR 30,200/MT in Ghaziabad, INR 28,200/MT in Ahmedabad, INR 28,800/MT in Mumbai and INR 26,000/MT in Raipur.
On the flip side, heavy structure, 200*100 beam offers in Raipur fell by INR 500/MT to INR 25,500/MT in a week. While, the same grade in Durgapur rise by INR 1,700/MT to INR 28,100/MT.

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