Structure offers in domestic market has seen a decline by INR 500/MT in South, while prices are steady in Durgapur this week.
Structure market on all grades witness volatility due to the shortage & demand in semis and raw material, Ingot 3.5×4.5 inch and billet 125×125 mm offers have increased by INR 800/MT and INR 900/MT respectively.
Ghaziabad and Ahmedabad have witnessed positive side so there is an increase by INR 100/MT W-o-W. In West offers were down in middle of the week on account of less demand and supply.
Light structure in Central India has registered positive side therefore, offers have increased by INR 100/MT; at the same time in heavy structure offers are down by INR 100/MT W-o-W and hardly any discount heard from the sources.
West (Mumbai) offers were stable for two to three days in during the week; which has been increased by INR 100/MT amid good demand and supply of structure.
Light structure 40×40 mm offers are evaluated in Durgapur at INR 31,750/MT, Ahmedabad at INR 31,100/MT, Mumbai at INR 32,400/MT, Raipur at INR 29,900/MT and in Hyderabad at INR 32,000/MT.
Heavy 200×75 mm channel is being offered at INR 31,250/MT, Ghaziabad at INR 35,000, Ahmedabad at INR 31,800/MT, Mumbai at INR 33,100/MT and in Raipur at INR 30,100/MT.
At the same time 200×100 mm beam offers are assessed in Durgapur at INR 31,250/MT, Ghaziabad at INR 34,300/MT, Ahmedabad at INR 31,600/MT, Mumbai at INR 33,700/MT and in Raipur at INR 29,600/MT.
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