India Steel Market Watch
October 27: Structure prices declined on low buying and trading support, industry sources told ISMW.
Festivals in most parts of the country also hampered procurement by end users, sources said.
Prices of 40 angles declined Rs 600 per ton in Gobindgarh, Rs 600 per ton in Raipur and Rs 500 per ton in Mumbai.
Prices of 200 channels fell by Rs 600 per ton in Ghaziabad and prices fell by Rs 400 per ton in Raipur.
Channels of 200x75 mm are being offered by RINL at Rs 37,150 per ton (including excise, excluding VAT) ex-Vizag in October, down from Rs 40,200 per ton (including excise, excluding VAT) ex-Vizag in September 2015.