Amid rising price of raw material this week, secondary structure manufacturer have increased prices sharply in beginning of week across major market by INR 300-1,500/MT W-o-W for all grades.
Major price hike is seen in Durgapur by INR 1,500/MT followed by Hyderabad (+1,000), Ghaziabad (+500), Ahmedabad (+900), Mumbai (+300) and Raipur (+600) in a week.
Meanwhile, in duration of this week billet prices have moved up by INR 200-1,000/MT and hovering at the range of INR 21,500-25,500/MT.
Currently, 40×40 mm angle offers are evaluated in Durgapur at INR 27,750/MT, in Ahmedabad at INR 26,800/MT, in Mumbai at INR 27,900/MT, in Raipur at INR 25,500/MT and in Hyderabad at INR 29,000/MT .
Heavy channel 200×75 mm is being offered in Durgapur at INR 27,250/MT, in Ghaziabad at INR 30,200/MT, in Ahmedabad at INR 27,500/MT, in Mumbai at INR 28,600/MT and in Raipur at INR 26,500/MT.
In the meantime, 200×100 mm beam offers are assessed in Durgapur at INR 27,250/MT, in Ghaziabad at INR 29,700/MT, in Ahmedabad at INR 27,300/MT, in Mumbai at INR 29,200/MT and in Raipur at INR 26,000/MT.
Beam, 250×125 mm is being offered in south market at INR 29,500/MT.
| Angle (mm) | Durgapur | Raipur | Mumbai | Hyderabad | Ahmedabad |
| 40×40 | 27,750 | 25,500 | 27,900 | 29,000 | 26,800 |
| 100×100 | 28,250 | 26,500 | – | 29,000 | 27,300 |
Source: SteelMint Research
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