After a firm trend on January 5, the prices of TMT (12 mm) remained firm on January 6, but prices of other sizes in other markets softened a bit, indicating low demand, market sources said.
While 12 mm TMT prices remained largely stable, the 16-mm price fell by Rs 200 per ton in Durgapur. The price of 20 mm TMT in Mumbai also declined by Rs 200 per ton.
As far as prices of 28 mm TMT are concerned, they either remained stable or declined by Rs 200-500 per ton in various markets.
Following table gives indicative prices of TMT (12 mm) in select markets:
Name of Place/Brand |
Price Rs/ton 6.6.16 |
Price Rs/ton 5.6.16 |
Chennai |
30500 |
30500 |
Bangalore |
34100 |
34100 |
Rourkela |
30500 |
30500 |
Branded TMT |
||
Bharatmata |
37000 |
37100 |
Doaba |
NA |
36200 |
Gyan |
36200 |
36400 |
Jyoti |
36334 |
36334 |
Kamdhenu |
36171 |
36371 |
Fortune |
37001 |
NA |
Naina |
37201 |
NA |
Source: Traders