Ingot prices remain firm

Mandi Gobindgarh Ingot prices slip by Rs 200/MT and is being quoted at Rs 36,100/MT (Basic price).

“Ingot
trading prices remain unchanged in almost all Mandi's across the country. 

Manufacturers are under pressure to sell and prices are unexpected to correct further,” sources reported SteelMint.

NCDEX Steel Long May 12 contract opened at Rs 34,270/MT, touched a high at Rs 34,290/MT and was lowest by Rs 270/MT at Rs 34,020/MT. 

Ingot at Raipur trades at Rs 32,300/MT (Basic price, payment next day).