Structure prices continuously increase as the elections gets over in Chhattisgarh.
Topworth steels and power Limited has increased its offers. Increase in the price of Ingot and Billet resulted in the hike of Structure offers. Ingot offers prices have moved up in Raipur by INR 300/MT in a w
eek’s time and now offered at INR 28,300/MT. In line Topworth’s Structure offered at INR 300/MT higher from previous week. Beam 200 mm were offered at INR 32,000/MT today. However, local Structure offers in Raipur remain unchanged. 40 Angle were offered at INR 31,700/MT today.
Mumbai based Structure manufacturers have also increased the offers on account of high Ingot prices. Today, prices move up by INR 100/MT twice. At present offer of 40 Angle is at INR 35,000/MT. Within a month time Mumbai’s Structure prices jumped by INR 1,400/MT.
According to market participants, projects and construction work will start soon and demand may improve from mid of December.
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