Prices of TMT (12 mm) in select markets eased by Rs 700-1,600 per ton on January 11 on weak market sentiment and low procurement, trade sources said.
However, prices remained firm by Rs 800 per ton in Chennai as the government in the southern state concentrated on infrastructure development after the devastating floods that impacted life recently.
A similar trend was witnessed in prices of other diameter TMTs in various markets.
Following table gives indicative prices of TMT (12 mm) in select markets:
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
8-Jan-16 |
1-Jan-16 |
9-Dec-15 |
12-Jul-15 |
8-Jan-15 |
|
CHENNAI |
30,000 |
29,200 |
27,000 |
33,700 |
38,500 |
BANGALORE |
33,400 |
34,100 |
29,000 |
35,300 |
40,900 |
ROURKELLA |
30,000 |
30,000 |
26,800 |
32,700 |
31,500 |
DURGAPUR |
NA |
- |
- |
- |
36,600 |
JAIPUR |
NA |
23,000 |
18,200 |
29,900 |
32,600 |
RATHI |
NA |
- |
- |
- |
- |
BHARATMATA |
36,000 |
37,100 |
34,200 |
40,900 |
- |
DOABA |
35,100 |
36,400 |
- |
- |
- |
GYAN |
35,200 |
36,800 |
- |
40,350 |
44,000 |
JYOTI |
35,134 |
- |
- |
- |
- |
KAMDHENU |
35,171 |
36,771 |
- |
40,721 |
44,601 |
FORTUN |
36,001 |
- |
- |
41,501 |
- |
NAINA |
36,201 |
- |
- |
- |
- |