Structure market has witnessed price hike from the beginning of February. In a week’s time Ingot offers moved up by INR 1,000/MT and Structure prices up by INR 500/MT.
Continuous increase in prices of Ingot/Billet resulted in price hike of Structure. Structure prices increased up to INR 500/MT in a week’s time. However, selling of material is not as good as prices improved.
Structure prices at Mandi Gobindgarh moved up by INR 200-300/MT from yesterday (Wednesday).
Following the suit, manufacturer’s in Ghaziabad raised offers by INR 500/MT against previous trade.
A Structure manufacturer based at Ghaziabad said, “At present, demand is average and about 100-200 MT of material is being sold per day. If sale will increase and touch 250 MT level then we will increase our offers.
In Raipur, Structure offers moved up by INR 200/MT in a day. While, Ingot offers remain unchanged for today.
Similarly, in Ahmedabad Structure prices inched up by INR 100/MT on account of increased Scrap prices. Bhavnagar Scrap offers increased by INR 100-400/MT today.
Whereas, Mumbai Structure offers remain on same level as buying is limited.
City wise Structure prices as on 06 Feb, 2014
|
City |
Item |
Price |
|
Raipur |
50 Angle |
33,600 |
|
75 Channel |
34,100 |
|
|
150 Beam |
34,400 |
|
|
Mandi Gobindgarh |
200 Channel |
38,000 |
|
Ghaziabad |
200 Channel |
36,700 |
|
400 Beam |
37,000 |
|
|
Ahmedabad |
40 Angle |
35,100 |
|
75 Channel |
35,300 |
|
|
200 Beam |
36,500 |
|
|
Mumbai |
40 Angle |
36,100 |
|
75 Channel |
37,100 |
|
|
150 Beam |
37,300 |
Note: All basic Prices, Loading & Taxes Extra
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