Indian Structure Market Continues to Reel under Pressure

Light and heavy structure prices this week dipped by INR 100-500/MT across India on the wake of dull buying activities. Major price corrections of INR 400-500/MT is witnessed in west India, followed by north and south India.

In-line, billet offers in a week moved down by INR 300-500/MT and currently assessed in the range of INR 19,900-24,000/MT.

100×100 mm angle offers are reported at INR 27,700/MT (-100) in Durgapur, INR 25,800/MT (-500) in Ahmedabad, INR 24,800/MT (-200) in Raipur and INR 26,500/MT (-200) in Hyderabad.

While, 200×75 mm channel and 200×100 mm beam in Ghaziabad are available at INR 28,900/MT and INR 28,400/MT, registered a fall of INR 200/MT W-o-W in offers.

The same size channel offers in Durgapur are assessed at INR 27,700/MT (-100), INR 26,000/MT (-500) in Ahmedabad, INR 27,300/MT (-400) in Mumbai and INR 24,800/MT (-200) in Raipur.

To view all size structure steel price, click here.


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