This week, Indian secondary structure market remained dull as light and heavy structure prices across major markets dipped by INR 150-500/MT. Whereas, billet prices gained by upto INR 900/MT in the duration.
Eastern market, especially Durgapur remained stable. While, structure prices in Mumbai uptick by INR 200/MT.
Trade discount in Raipur is heard at INR 500-700/MT on the listed price. Whereas in Durgapur, it is seen at INR 300-500/MT.
Major price corrections of INR 500/MT was noticed in Hyderabad and Ahmedabad.
While, billet offers in week 34 have surged by INR 100-900/MT and currently hovering in the range of INR 19,000-22,600/MT.
100×100 mm angle offers are reported in Durgapur at INR 24,900/MT (0), Ahmedabad at INR 24,500/MT (-500), Raipur at INR 24,000/MT (+200) and Hyderabad at INR 25,000/MT (-500).
While, 200×75 mm channel and 200×100 mm beam in Ghaziabad are available at INR 27,500/MT and INR 27,000/MT, registered a downfall of INR 100/MT W-o-W in offers.
The same size channel offers in Durgapur are assessed at INR 24,600/MT (0), INR 24,700/MT (-500) in Ahmedabad, INR 26,100/MT (+200) in Mumbai and INR 23,500/MT (-100) in Raipur.
Leave a Reply