India Steel Market Watch
December 8: Structure prices mainly showed a mixed trend on low buying and trading support, industry sources told ISMW.
Prices of 40 angles lost ground. They declined by Rs 200 per ton in Gobindgarh to stand at Rs 24,800 per ton, by Rs 100 per ton in Raipur to Rs 23,100 per ton and Rs 200 per ton in Mumbai at Rs 25,600/ton.
However, price of 200 channels remained unchanged at Rs 27,900 per ton in Ghaziabad but rose by Rs 400 per ton to Rs 24,000 in Raipur.
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.