Structure prices firmed up on demand from all the regions, industry sources said.
Prices of 40 angles gained ground. They increased by Rs 400 per ton in Gobindgarh to stand at Rs 25,900 per ton, by Rs 400 per ton in Raipur to Rs 25,200 per ton and by Rs 400 per ton in Mumbai at Rs 27,400 per ton.
Prices of 200 channels also went up by Rs 800 per ton to Rs 28,400 per ton in Ghaziabad but rose by Rs 300 per ton to Rs 25,400 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.
Indian structure prices |
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Product |
Unit |
Market |
Price (Dec 29, 2015) |
Price (Dec 22, 2015) |
w-o-w |
40 Angle |
Rs/ton (basic) |
Gobindgarh |
25900 |
25500 |
400 |
40 Angle |
Rs/ton (basic) |
Raipur |
25200 |
24800 |
400 |
40 Angle |
Rs/ton (basic) |
Mumbai |
27400 |
27000 |
400 |
200 Channel |
Rs/ton (basic) |
Ghaziabad |
28400 |
27600 |
800 |
200 Channel |
Rs/ton (basic) |
Raipur |
25400 |
25100 |
300 |
Source: ISMW