Weak buying sentiments still persisting in Indian secondary structure market as prices have showed a steep corrections of INR 100-500/MT in a week’s time. However, east Indian market, especially Durgapur has remained stable in the duration.
In the meantime, 125×125 mm billet prices are evaluated at INR 20,650-24,750/MT; have increased by INR 100-500/MT D-o-D.
Current 100×100 mm angle offers are assessed at INR 27,900/MT (0) in Durgapur, INR 26,000/MT (-400) in Ahmedabad, INR 25,000/MT (-550) in Raipur and INR 26,500/MT (-500) in Hyderabad.
200×75 mm channel and 200×100 mm beam in Ghaziabad are offered at INR 29,500/MT and INR 29,000/MT, registering a price corrections of INR 150/MT W-o-W.
Meanwhile, the same size channel offers in Durgapur are assessed at INR 27,900/MT (0), INR 26,200/MT (-400) in Ahmedabad, INR 27,800/MT (-250) in Mumbai and INR 25,000/MT (-550) in Raipur.
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