Ingot trades remain silent

Ingot at Mandi Gobindgarh is being traded at Rs 35,250-300/MT (Basic), down by Rs 200/MT.   

Ingot trading prices do not show much of change at almost all the major Mandis'.

According to market players, both buyers and sellers are in a wait and watch mode as market is unpredictable at this point of time.

NCDEX Steel Long May 12 contract opened at Rs 34,160/MT, touched a high of Rs 34,220/MT and was low at Rs 33,940/MT.


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