Sponge iron prices showed a mixed trend for the week ended October 1 on divergent procurement by end-users, market sources said.
Prices were up Rs 50-250 per ton in Durgapur, Raigarh and Raipur, but declined in Rourkela.
Prices remained unchanged in Mandi and Jaipur.
Prices of sponge iron in various markets during the past six months (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 |
1-Oct-16 |
30-Sep-16 |
24-Sep-16 |
1-Sep-16 |
4-Apr-16 |
|
MANDI GOVINDGARH |
17,100 |
17,100 |
17,100 |
15,100 |
15,700 |
DURGAPUR |
13,550 |
13,500 |
13,500 |
13,100 |
12,300 |
JAIPUR |
16,200 |
16,000 |
16,200 |
14,800 |
15,600 |
RAIGARH |
14,300 |
14,400 |
14,050 |
12,100 |
- |
RAIPUR |
15,150 |
15,200 |
14,900 |
13,200 |
13,400 |
ROURKELA |
13,700 |
13,800 |
13,800 |
12,100 |
11,450 |
Source: Compilation from various sources & ISMW data
Ingot prices lose direction, show mixed trend
India Steel Market Watch
October 3: Ingot prices showed no clear direction during the week ended October 1, market sources said.
Prices were down in Mandi, Bhilai, Mumbai and Raipur, among others.
Prices were up in Indore, Durgapur, Hyderabad and Raigarh, among others.
In Alang and Ludhiana, prices remained unchanged.
Prices of ingots in various markets during the past six months (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 |
1-Oct-16 |
30-Sep-16 |
24-Sep-16 |
1-Sep-16 |
4-Apr-16 |
|
MANDI GOVINDGARH |
24,725 |
24,600 |
25,075 |
23,350 |
25,525 |
ALANG |
24,000 |
- |
24,000 |
21,500 |
- |
BHILAI |
23,350 |
- |
23,600 |
22,000 |
24,150 |
GOA |
- |
- |
22,350 |
20,800 |
23,800 |
INDORE |
26,500 |
26,500 |
26,400 |
24,700 |
27,400 |
MUZAFFAR NAGAR |
24,400 |
24,400 |
24,500 |
22,800 |
24,650 |
DURGAPUR |
25,300 |
25,300 |
25,200 |
23,700 |
25,900 |
MUMBAI |
23,400 |
23,400 |
24,000 |
22,400 |
24,600 |
HYDERABAD |
24,000 |
24,000 |
23,500 |
22,000 |
26,000 |
JAIPUR |
23,700 |
23,500 |
24,000 |
22,200 |
24,100 |
KOLKATA |
25,800 |
25,800 |
25,700 |
24,200 |
26,400 |
RAIGARH |
21,800 |
22,000 |
21,700 |
20,000 |
22,300 |
RAIPUR |
21,700 |
21,750 |
21,800 |
20,150 |
22,600 |
ROURKELA |
21,500 |
21,600 |
21,200 |
19,500 |
21,700 |
GHAZIABAD |
24,400 |
24,300 |
24,100 |
22,500 |
24,500 |
KANPUR |
24,250 |
24,250 |
24,000 |
22,000 |
24,700 |
LUDHIANA |
25,200 |
25,200 |
25,200 |
23,800 |
26,400 |
Source: Compilation from various sources & ISMW data