Structure Price

Indian Structure manufacturers under pressure post increase offers

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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