Structure offers from Topworth fall sharply

Topworth Steel & Power Private Limited has reduced its Structure prices to INR 1,000/MT in a week's time. Last week it had improved by INR 1,000-1,200/MT on account of improved Ingot and Billet prices. now the prices have gone back to the same level as it was in the beginning of this month.

Topworth majorly supplies Structure to Maharashtra and Gujarat, with pan India presence. Company official says that prices have fall down due to low prices raw materials like Ingot and Billet. 200 I-Beam is offered at INR 32,600/MT which was earlier at INR 33,600/MT a week ago. Similarly offers for 250 Channel is at INR 33,200/MT. Billet prices in Bhilai dropped by INR 1,000/MT W-o-W but increased by INR 2,750/MT M-o-M. However, Raipur's Structure offers remained unchanged.

Note: Basic Prices ( ED, Loading and Taxes Extra )