India Steel Market Watch
November 4: Plate offers fell Rs 1,000 per ton on low sales by the industry, sources said.
Domestic prices hovered around Rs 27,000 per ton.
Following are prevailing flat product offers in different markets:
Flat Products |
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Products & Market |
Unit |
Specification |
Price (Nov 4, 2015) |
Price (Oct 28, 2015) |
W-O-W |
|
HR Coils |
|
|||||
Delhi |
Rs/ton (basic) |
2.5 mm & above |
28900 |
29400 |
-500 |
|
Kolkata |
Rs/ton (basic) |
2.5 mm & above |
28900 |
28900 |
0 |
|
Ludhiana |
Rs/ton (basic) |
2.5 mm & above |
29500 |
29800 |
-300 |
|
Hyderabad |
Rs/ton (basic) |
2.5 mm & above |
29800 |
29800 |
0 |
|
HR imports |
|
|||||
FOB China main port |
$/ton (basic) |
265 |
270 |
-5 |
||
FOB Japan main port |
$/ton (basic) |
285 |
290 |
-5 |
||
CFR India |
$/ton (basic) |
290 |
295 |
-5 |
||
CRC |
|
|||||
Mumbai |
Rs/ton (basic) |
0.9 mm & above |
32000 |
32000 |
0 |
|
Ludhiana |
Rs/ton (basic) |
0.9 mm & above |
33700 |
33700 |
0 |
|
Hyderabad |
Rs/ton (basic) |
0.9 mm & above |
32900 |
32900 |
0 |
|
Plate |
|
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Raigarh |
Rs/ton (basic) |
5-10 mm |
27000 |
28000 |
-1000 |
|
|
Rs/ton (basic) |
10-20 mm |
27000 |
28000 |
-1000 |
|
|
Rs/ton (basic) |
20-40 mm |
27000 |
28000 |
-1000 |
|
GP |
|
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Kolkata |
Rs/ton (basic) |
0.63 mm |
NA |
NA |
NA |
|
Kanpur |
Rs/ton (basic) |
0.63 mm |
NA |
NA |
NA |
|
Delhi |
Rs/ton (basic) |
0.63 mm |
39700 |
39700 |
0 |
Source: Traders