Indian Structure Market Reports Highest Price Rise in Week 40

Secondary structure market this week reported highest price rise of INR 2,000-2,100/MT.

Strong prices sentiments coupled with shortage of raw material has supported structure market as prices this week jumped up by INR 2,000-2,100/MT; hitting highest level.

Major price hike of INR 2,100/MT is witnessed in east India, followed by south and west regions.

In the meantime, billet prices have increased by INR 200-750/MT and hovering in the range of INR 21,700-24,900/MT.

Current 100X100 mm angle offers are assessed at INR 28,500/MT (+2,100) in Durgapur, INR 27,800/MT (+1,700) in Ahmedabad, INR 27,000/MT (+983) in Raipur and INR 29,000/MT (+2,000) in Hyderabad.

Meanwhille, 200X75 mm channel prices are evaluated at INR 27,500/MT (+1,125) in Durgapur, INR 29,700/MT (+800) in Ghaziabad, INR 28,000/MT (+1,700) in Ahmedabad, INR 28,300/MT (+733) in Mumbai and INR 26,500/MT (+983) in Raipur.

Heavy 200X100 mm beam offers are assessed at INR 27,500/MT (+1,125) in Durgapur, INR 29,200/MT (+800) in Ghaziabad, INR 28,800/MT (+733) in Mumbai and INR 27,800/MT (+1,700) in Ahmedabad.

 To view all size structure steel price, click here.