India Steel Market Watch
November 17: Structure prices declined on low buying and trading support, industry sources told ISMW.
Prices of 40 angles declined Rs 500 per ton in Gobindgarh and Rs 500 per ton in Raipur. However, prices remained unchanged in Mumbai.
Prices of 200 channels remained unchanged at Rs 26,000 per ton in Mumbai. Prices fell by Rs 200 per ton in Ghaziabad and by Rs 1,000 per ton in Raipur to Rs 24,500 per ton.
Channels of 200x75 mm are being offered by RINL at Rs 36,650 per ton (including excise, excluding VAT) ex-Vizag in November, down from Rs 37,150 per ton (including excise, excluding VAT) ex-Vizag, in October 2015.