Today, billet prices in domestic market have bounced back by INR 100-200/MT in central and east India. However in west and south regions, trades are silent amid Ganesh Chaturthi festival.
According to trade participants, there is no buying selling interest in the markets due to festival. Works will resume from tomorrow onward.
Moreover, sponge prices across major markets remain unaltered. However in Durgapur, it fell by INR 200/MT D-o-D.
MS Billet prices as on 5 Sep’16
| Particular/Delivery | Size/Grade | Prices | D-o-D | W-o-W |
| Ex-Mandi Gobindgarh | 125×125 mm, IS 2831 | 23,150 | – 50 | + 450 |
| Ex-Durgapur | 125×125 mm, IS 2831 | 20,200 | – 200 | + 200 |
| Ex-Jharsugda | 125×125 mm, IS 2831 | 19,800 | 0 | + 800 |
| Ex-Kolkata | 125×125 mm, IS 2831 | 20,600 | – 200 | + 200 |
| Ex-Rourkela | 125×125 mm, IS 2831 | 19,800 | 0 | + 800 |
| Ex-Bhilai | 125×125 mm, IS 2831 | 20,500 | – 100 | + 700 |
| Ex-Raigarh | 125×125 mm, IS 2831 | 20,200 | 0 | + 800 |
| Ex-Raipur | 125×125 mm, IS 2831 | 20,500 | – 100 | + 700 |
| Ex-Ahmedabad | 125×125 mm, IS 2831 | 21,700 | – 200 | + 550 |
| Ex-Bhavnagar | 125×125 mm, IS 2831 | 21,500 | – 200 | + 550 |
| Ex-Goa | 125×125 mm, IS 2831 | 21,000 | 0 | 0 |
| Ex-Jaipur | 125×125 mm, IS 2831 | 22,600 | 0 | + 600 |
| Ex-Jalna | 125×125 mm, IS 2831 | 22,000 | 0 | + 350 |
| Ex-Mumbai | 100×100 mm, IS 2831 | 22,400 | 0 | + 300 |
| Ex-Chennai | 125×125 mm, IS 2831 | 22,400 | 0 | + 600 |
| Ex-Hyderabad | 125×125 mm, IS 2831 | 22,000 | – 100 | + 150 |
Basic prices in INR/MT
Source: SteelMint Research
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