Light Structure prices in Mumbai continue to down as Angle 40, 65 open at Rs 34,200/MT (Basic) with downward of Rs 300-500/MT W-o-W basis. MS Ingot (ladle) offered at Rs 29,600/MT down by Rs 200-300/MT with W-o-W change of Rs 500-600/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 traded at Rs 34,000/MT on saturday, that is same as friday.
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 34,200/MT (basic). In line 25×3 Angle is available at Rs 37,200/MT, Flat of 40×6 is available at Rs 34,600/MT down by Rs 300/MT.
Leave a Reply