India: Structure Market Invariable

Structure offers stable across various cities

Structure prices in Ghaziabad drop marginally by INR 100/MT in a week’s time. However, Ingot prices inched up by INR 100/MT today. Also, on W-O-W the prices increased to INR 100/MT. Demand is not good for finish steel but high prices of semi finish remained unchanged.

Durgapur based structure manufacturers kept offers unchanged. As the trade is average. Interestingly, trade in local market is not improving but demand from Jharkhand, Uttar Pradesh, Bihar and Assam has improved.

Structure offers in other major markets remain Unchanged.

Indian Structure offers for today:
Ghaziabad’s I-Beam 400 at INR 35,000/MT
Mumbai’s Channel 75 at INR 35,100/MT
Durgapur’s I-Beam 125 at INR 33,250/MT
Hyderabad’s Channel 75 at INR 32,800/MT
Ahmadabad’s I-Beam 125 at INR 33,300/MT
Raipur’s Channel 200 at INR 31,700/MT.


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