Indian secondary structure market this week has reported improvement in few major markets. Prices in west and south regions recovered by INR 400/MT and INR 300/MT respectively.
On the other side, eastern based structure makers have kept their offers unaltered in a week’s time. A slight price correction of INR 150/MT is witnessed in central Indian market.
Meanwhile, 125×125 mm billet prices are evaluated at INR 20,450-24,700/MT; have corrected by INR 50-300/MT D-o-D. However, billet prices in south market, especially Hyderabad today moved up by INR 450/MT.
Current 100×100 mm angle offers are assessed at INR 27,900/MT (0) in Durgapur, INR 26,400/MT (+400) in Ahmedabad, INR 25,300/MT (-50) in Raipur and INR 26,800/MT (-300) 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 no price fluctuations.
The same size channel offers in Durgapur are assessed at INR 27,900/MT (0), INR 26,600/MT (+400) in Ahmedabad, INR 27,800/MT (-150) in Mumbai and INR 25,300/MT (-50) in Raipur.
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