RINL has raised some long product offers with effect from February 12, 2016.
Billet and channel prices remained unchanged but rebar prices were raised by Rs 750 per ton. Similarly, round 40 mm prices were raised by Rs 200 per ton, while wire rod prices were raised by Rs 800 per ton.
Following are prevailing prices ex-Vizag
Product |
Price (Rs per ton) ex-Vizag in Feb 12, 2016 |
Price (Rs per ton) ex-Vizag in Feb 7, 2016 |
Billet (125x125 mm) |
28150 |
28150 |
Channel (200x75 mm) |
35150 |
35150 |
Rebar 8 mm |
35650 |
34900 |
Round 20.64 mm |
40500 |
40500 |
Round 40 mm |
31850 |
31650 |
Wire rod 7 mm |
32000 |
31200 |
Wire rod 8 mm |
31900 |
31100 |
Pig iron |
18900 |
18900 |