RINL has raised some product prices in April, while it lowered some product prices taking stock of the volatile market conditions.
The steel major increased billet prices by Rs 100 per ton, wire rod (7 mm) prices by Rs 500 per ton, wire rod (8 mm) prices by Rs 500 per ton and pig iron prices by Rs 563 per ton.
However, the company cut rebar prices by Rs 400 per ton and round (40 mm) price by Rs 1,100 per ton.
Following are the prevailing prices:
Product |
Price (Rs per ton) ex-Vizag in w.e.f April 1, 2016 |
Price (Rs per ton) ex-Vizag in w.e.f March 21, 2016 |
Billet (125x125 mm) |
28750 |
28650 |
Channel (200x75 mm) |
35350 |
35350 |
Rebar 8 mm |
37750 |
38150 |
Round 20.64 mm |
40500 |
40500 |
Round 40 mm |
31750 |
32850 |
Wire rod 7 mm |
35500 |
35000 |
Wire rod 8 mm |
35400 |
34900 |
Pig iron |
19463 |
18900 |