After losses at the beginning of the week, billet prices extended gains in the week ended April 16.
Prices were up in Mandi, Durgapur, Jaipur, Raipur and Rourkela, among others by Rs 100-400 per ton.
Prices were down by Rs 500-850 per ton in Hyderabad and Goa.
Prices of billets in various markets during the past one year (Rs/ton)
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
16-Apr-16 |
15-Apr-16 |
9-Apr-16 |
17-Mar-16 |
19-Oct-15 |
|
MANDI GOBINDGARH |
25,900 |
25,900 |
25,500 |
25,800 |
25,300 |
DURGAPUR |
26,500 |
26,500 |
26,400 |
25,100 |
25,900 |
JAIPUR |
24,800 |
24,800 |
24,700 |
24,100 |
- |
RAIGARH |
- |
- |
- |
- |
- |
RAIPUR |
22,700 |
22,700 |
22,500 |
22,300 |
22,200 |
ROURKELA |
22,000 |
22,000 |
21,700 |
21,300 |
21,100 |
GHAZIABAD |
24,800 |
24,800 |
24,700 |
24,700 |
24,700 |
HYDERABAD |
25,000 |
25,000 |
25,500 |
25,000 |
23,000 |
GOA |
23,550 |
23,550 |
24,300 |
24,200 |
21,700 |
Source: Compilation from various sources & ISMW data