Ingot prices firm across
India. Prices move by Rs 200/ton in Mandi Gobindgarh due to scrap shortage.
Prices in Raipur open at Rs.33700, up by Rs.300/tone from previous close. Hyderabad
market that is witnessing power cut from last one month again increases the
prices of Ingot by Rs.500/ton on shortage and increase demand.
“Demand has been
good from South India, undoubtedly due to power cuts.” said an
Ingot manufacturer based in Raipur.
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