“Structure prices likely to be range bound; market waits for budget”- Traders

“Structure prices remain
unchanged along with weak demand in market. Market shows a mixed sentiment, but
majority of the market players anticipate an uptrend in prices supported by
rising demand after the upcoming budget on the 16^th of this month,” said a Raipur based manufacturer.

Angle 40*6 prices for Raipur
is trading at Rs.38,000/pmt whereas Hyderabad is at Rs. 40,500/pmt.

Mumbai prices for Angle 40*6 is seen to be
hovering around Rs.39,700/pmt and that of Chennai is trading at Rs. 42,150/pmt.