Domestic secondary structure prices remained strong pan India amid strong demand and rising price of raw material. Logistic trouble to transport outstation material continue to remain.
Structure prices have moved up by INR 400-1,000/MT W-o-W. Major price hike is seen in Durgapur (+1,000) followed by Hyderabad (+1,000).
In Central India Prices of heavy structure remained stable meanwhile light structure Prices have increased by INR 500/MT.
Raipur structure supplier mentioned “We have outstation order of more than 1,200 MT but there are poor supply of vehicle.” “Buyer cannot order new booking unless there previous booking is transported” mentioned Raipur trader.
Meanwhile, billet prices rose sharply by INR 200-1,000/MT and hovering at the range of INR 24,000-28,000/MT.
Currently, 40×40 mm angle prices are evaluated in Durgapur at INR 31,000/MT, Ahmedabad at INR 30,000/MT, Mumbai at INR 30,900/MT, Raipur at INR 28,000/MT and in Hyderabad at INR 31,500/MT.
At the same time, 200×75 mm channel prices are assessed in Durgapur at INR 30,500/MT, Ghaziabad at INR 33,100/MT, Ahmedabad at INR 30,700/MT, Mumbai at INR 31,600 and in Raipur at 28,000/MT.
Intervening, heavy 200×100 beam is being offered in Durgapur at INR 30,500/MT, Ghaziabad at INR 32,600/MT, Ahmedabad at INR 30,500/MT, Mumbai at INR 32,200/MT and in Raipur at INR 27,500/MT.
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