Prices of billets, which started tapering towards the middle of the week, turned almost soft on the last day of the week on January 16 amidst a tendency among participants to avoid fresh commitments.
Week-on-week (w-o-w) comparison is not available, but on day-to-day basis, prices were down in most of the markets.
Following table gives indicative prices of billet in various market during the past seven days:
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
16-Jan-16 |
15-Jan-16 |
9-Jan-16 |
|
MANDI GOBINDGARH |
23,900 |
24,100 |
- |
DURGAPUR |
24,700 |
25,300 |
- |
JAIPUR |
23,200 |
23,800 |
- |
RAIGARH |
21,100 |
- |
- |
RAIPUR |
21,500 |
21,800 |
- |
ROURKELA |
20,900 |
- |
- |
GHAZIABAD |
23,900 |
- |
- |
HYDERABAD |
22,750 |
22,750 |
- |
GOA |
21,650 |
21,650 |
- |
Source: Compilation from various sources & ISMW data