Structure prices corrected by Rs 200-300/MT on weak demand and falling ingot
prices.
“Structure
prices for Raipur local market has come down by Rs 200-300/MT and being
quoted at Rs 37,100/MT for 40 Angle,” said a city based trader.
“Nagpur Structure demand is weak as
prices are highly volatile. We anticipate buying to come at lower levels.
Buyers are willing to take positions at lower levels,” said a structure trader
based in Nagpur.
“Structure prices in Mumbai showed a
downtrend by Rs 300/MT and is being offered at Rs 40,200/MT (Basic price). Structure
in Mumbai was earlier being traded at Rs 40,500/MT (Basic price),” said a trader from Mumbai.
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