Sources reported weak price sentiments are still prevailing in secondary structure market. This week, prices have dipped by INR 200-1,400/MT across all grades. South Indian market reported a major price corrections of INR 1,400/MT for both light and heavy structure, followed by west (-800) and central (-500) regions.
However, channel and beam prices in central India have remained almost firm and on positive side.
In the meantime, 125×125 mm billet prices are evaluated at INR 20,700-25,200/MT; have increased by INR 100-500/MT D-o-D.
Current 100×100 mm angle offers are accessible at INR 27,900/MT in Durgapur, INR 26,000/MT in Ahmedabad, INR 25,700/MT in Raipur and INR 26,500/MT in Hyderabad.
200×75 mm channel and 200×100 mm beam in Ghaziabad are offered at INR 29,400/MT and INR 28,900/MT, registering a price corrections of INR 550/MT W-o-W.
The same size channel offers in Durgapur are assessed at INR 27,900/MT, INR 26,200/MT in Ahmedabad, INR 28,000/MT in Mumbai and INR 25,700/MT in Raipur.
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