Indian structure prices have remained strong except in Central and West. Small scale structure manufacturer have raised prices up by INR 1,000/MT in South.
Meanwhile, structure prices have plunged by INR 400/MT in Mumbai followed by Raipur INR 200/MT amid weak demand hovering in the market. “Structure demand from North India is firm. We have sold 700 MT to NCR area in last two days” said a Central India trader. He added there is shortage of vehicle to deliver the material.
At the same time, 125×125 mm billet prices have moved down by INR 1,000/MT in Mumbai and hovering at the range of INR 23,750-27,950/MT.
Heavy, 200×100 mm beam offers are evaluated in Durgapur at INR 29,500/MT, Ghaziabad at INR 32,200/MT, Ahmedabad at INR 29,700/MT, Mumbai at INR 31,700/MT and in Raipur at INR 27,500/MT.
However, 40×40 mm angle is being offered in Durgapur at INR 30,000/MT, Ahmedabad at INR 29,200/MT, Mumbai at INR 30,400/MT, Raipur at INR 27,500/MT and in Hyderabad at INR 30,500/MT.
Simultaneously, 200×75 mm channel offers are assessed in Durgapur at INR 29,500/MT, Ghaziabad at INR 32,700/MT, Ahmedabad at INR 29,900/MT, Mumbai at INR 31,100/MT and in Raipur at INR 28,000/MT.
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