Indian secondary structure market this week has reported slightly change in major markets.
Eastern based structure makers have marginaly fall by INR 100/MT a week’s time. In the same time, price correction of INR 150-200/MT is witnessed in central Indian market.
Meanwhile, billet prices are evaluated at around INR 21,150/MT; which is slightly firm in a week’s time. However, billet prices in south market, especially Hyderabad moved down by INR 500/MT in the same time.
Current 100×100 mm angle offers are assessed at INR 27,800/MT (-100) in Durgapur, INR 26,300/MT (-100) in Ahmedabad, INR 26,700/MT (-100) in Raipur and INR 26,700/MT (-100) in Hyderabad.
200×75 mm channel and 200×100 mm beam in Ghaziabad are offered at INR 29,100/MT and INR 28,600/MT, registering decrease in offers by INR 400/MT W-o-W.
The same size channel offers in Durgapur are assessed at INR 27,800/MT (-100), INR 26,500/MT (-100) in Ahmedabad, INR 27,600/MT (-200) in Mumbai and INR 25,000/MT (-250) in Raipur.
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