India Steel Market Watch
December 22: Structure prices firmed up on demand from all the regions, industry sources told ISMW.
Prices of 40 angles gained ground. They increased by Rs 500 per ton in Gobindgarh to stand at Rs 25,500 per ton, by Rs 800 per ton in Raipur to Rs 24,800 per ton and by Rs 900 per ton in Mumbai at Rs 27,000 per ton.
However, prices of 200 channels fell by Rs 300 per ton to Rs 27,600 per ton in Ghaziabad but rose by Rs 900 per ton to Rs 25,100 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.