“Raipur power prices are expected to go up by 50 paise
per unit. On account of this, the Ingot trading prices in Raipur have increased
by Rs.200/MT and is offered at Rs 32,700/MT (Basic price, payment next day).
The prices in finished are expected to rise in the range of Rs. 800-1,000/MT
due to which the demand at these levels has increased,” said a Raipur
based trader.
“Tamil Nadu
Electricity Regulatory Commission has increased power tariff by 37% across all
segments. The cost of electricity has been increased from 65 paise per unit to
Rs 1.10 for domestic consumers who use upto 100 units. Therefore, Ingot in Chennai is being offered at Rs. 42,500/MT (Basic
price), up by Rs 500/MT,” a city based trader reported
SteelMint.
“Mandi Gobindgarh anticipates the power price hike to be declared
on the 4th or 5th of April because of which the trading prices
have shown an uptrend. Ingot at Mandi Govindgarh is trading at Rs
36,000-36,100/MT with an increase of Rs 200/MT (Basic price),” a trader
from Mandi Govindgarh remarked.
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