India Steel Market Watch
December 15: Structure prices firmed up on demand from all the regions, industry sources told ISMW.
Prices of 40 angles gained ground. They increased by Rs 200 per ton in Gobindgarh to stand at Rs 25,000 per ton, by Rs 900 per ton in Raipur to Rs 24,000 per ton and by Rs 500 per ton in Mumbai at Rs 26,100/ton.
However, prices of 200 channels remained unchanged at Rs 27,900 per ton in Ghaziabad but rose by Rs 200 per ton to Rs 24,200 in Raipur.
Channels of 200x75 mm are being offered by RINL at Rs 36,650 per ton (including excise, excluding VAT) ex-Vizag in December, as against the same price in November 2015.