MS Ingot prices rebound on rising steel futures at NCDEX

Ingot prices gained by around Rs 200-400/t across India in line with high steel futures.

Mandi: It will be too early to say whether market will find support at these levels.

Gaziabad: “Traders expect buying momentum is good and it might touch Rs 35,000/t soon.

Raipur: “Demand in Ingot remains modest” reported traders.

Raigarh: “Buying interest not very encouraging”, commented brokers.

Hyderabad: Ingot prices corrected over Rs 500/t on sluggish demand in finish market.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *