On this week, structure offers have moved up by INR 200-700/MT across major domestic market.
Amid good demand and supply of raw material and semis, positive offer occurs in domestic market of structure.
Gauge parity of light structure in Central India is expected to change that will be implemented by 1st April 2017. Small scale manufacturer may have increased parity on light structure by INR 1,000-1,600/MT.
Billet/ingot based structure have registered price hike in Central India for heavy structure by INR 700/MT; trade discount heard at INR 400-800/MT and for light structure it has increased by INR 300/MT.
Durgapur and Hyderabad have witnessed positive offer whereas prices have surged by INR 500/MT and at the same time, in Ahmedabad it has increased by INR 200/MT W-o-W.
Following, billet 125×125 mm offers have increased up to INR 300/MT, however it has also decreased in Chennai during the last week.
Heavy channel 200×75 mm is being offered in Durgapur at INR 31,750/MT, Ghaziabad at INR 35,300/MT, Ahmedabad at INR 32,000/MT, Mumbai at INR 33,200/MT and in Raipur at INR 30,800/MT.
Offers of heavy beam 200×100 mm are assessed in Durgapur at INR 31,750/MT, Ghaziabad at INR 34,400/MT, Ahmedabad at INR 31,800/MT, Mumbai at INR 33,800/MT in Raipur at INR 30,300/MT.
Light angle 40×40 mm offers are assessed in Durgapur at INR 32,250/MT, Ahemdabad at INR 31,300/MT, Mumbai at INR 32,500/MT, Raipur at INR 30,200/MT and in Hyderabad at INR 32,500/MT.
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