Mumbai structure prices move up sharply by Rs 400/t

Light Structure prices in Mumbai continue to step up as Angle of size 40mm, 65 mm open at Rs 34,500/t (Basic) with quick improvement of Rs 500/t W-o-W basis. MS Ingot today offered at Rs 30,400/t up by Rs 500/t with W-o-W change of Rs 600/t. MS Billet traded at Rs 30,600/t high by Rs 400/t. Heavy melting scrap (super heavy) last traded at Rs 22,300-22,400/t (basic). 12mm TMT today offered at Rs 34,100/t up by Rs 100/t. 

Offers of premium brand of Angle 40×6, 35×5, 65×6 mm remain at Rs 34,600-35,100/t whereas other local offers were Rs 34,500/t (basic). In line 25×3 mm Angle is available at Rs 36,900/t, Flat of 40×6 is available at Rs 34,700/t up by Rs 300/t.


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