Light Structure prices in Mumbai continue to down as Angle 40, 65 open at Rs 34,300/mt (Basic) with downward of Rs 200/mt W-o-W basis. MS Ingot (ladle) offered at Rs 29,600/mt down by Rs 200/mt with W-o-W change of Rs 800/mt. MS Billet is traded at Rs 29,800/mt low by Rs 200/mt. Heavy melting scrap (super heavy) last traded at Rs 22,300/mt (basic). 12MM TMT yesterday traded at Rs 34,000-34,200/mt, same as day before yesterday.
Offers of premium brand of Angle 40×6, 35×5, 65×6 remain at Rs 34,500-35,300/mt whereas other local offers were Rs 34,300/mt (basic). In line 25×3 Angle is available at Rs 37,300/mt, Flat of 40×6 is available at Rs 34,700/mt and 30×5 at Rs 35,800/mt down by Rs 200/mt.
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