MS Angle
Ms Angle comes under structural steel products which is L shaped cross section used in infrastructure and construction works. This is made in two parts: a flang...
Ms Angle (E250 BR) 35 x 5mm in Raipur
₹47,800/MT
0.4%
2 hours ago
Pan India Delivery
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Daily Market Report
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Structure Prices Soar Across Key Primary and Secondary Markets
Structure steel prices have increased significantly in both the primary and secondary markets, driven by supply shortages and rising demand. In the primary market, SAIL, VSP, and JSPL raised prices by Rs 1000-2500/ton. Secondary markets also experienced price hikes, with Chennai, Raigarh, Raipur, and Mandi seeing notable increases.
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Structural Steel Prices Remain Stable in Secondary Markets Amid Supply Issues
Structural steel prices remain stable, with SAIL increasing rates by Rs 500 this month. Supply issues persist in the primary market, especially for round bars and heavy sections. Secondary mills have sufficient stock but struggle with low demand and order delays. Meanwhile, JSW Steel reported a 1% rise in crude steel production last month.
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Structure Steel Prices: Market Remains Stable; Imports Rising
The primary steel market remains stable today, even though supply shortages persist, especially for round bars. On the other hand, secondary market prices remained mostly stable, with slight decreases in Hyderabad, where prices dropped by Rs. 200 per ton. Notably, India saw a 25% rise in steel imports during April-August, with exports dropping by 40%.
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Structure Steel Prices See Minor Adjustments in Both Primary and Secondary Markets
Structure prices saw slight adjustments, with SAIL raising rates by Rs 500 and prices decreasing by Rs 200 in Raipur and Mandi. Supply issues persist, especially for round bars. Meanwhile, the government is working on a policy to decarbonize the steel sector through the efforts of 14 task forces.
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Structure Market Update: JSPL Holds Prices, SAIL Increased Rates
Structure prices are stable across secondary markets. In the primary market, JSPL has maintained rates, SAIL has increased rates by Rs. 500 due to material shortages, while RINL’s rates are expected tomorrow. Supply in the primary market is strained, with some round bars still unavailable due to RINL’s insufficient supply.
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Structure Prices Stable in Some Cities, Down in Others; Primary Market Rates Soon
Structure prices remain stable in Raipur, Mandi, and Durgapur, while decreasing by Rs. 200 in Hyderabad and Rs. 300 in Chennai. The primary market is awaiting new rates from SAIL, RINL, and JSPL. Supply issues persist for RINL's round bars, while secondary mills have sufficient inventory but face delays with heavier orders. Wholesalers are now offering discounts due to lower demand.
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Structure Prices Dip in Secondary Market, Primary Rates Expected to Remain Steady
Structure prices drop in the secondary market as rates fall by Rs 400 in Chennai and Rs 100 in Raipur and Durgapur. In Mandi and Hyderabad, prices remain stable. Primary market rates from SAIL, RINL, and JSPL are expected to roll over, with new rates expected in 3-4 days. Supply issues for round bars and structural components continue, while secondary mills maintain stable inventory.
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Secondary Structure Prices Slightly Changed, Primary Rates to Adjust Soon
Secondary structure prices have seen minor changes: Raipur remains stable, while Mandi, Hyderabad, and Chennai have increased. Primary market rates from SAIL, RINL, and JSPL are unchanged, with new prices expected in early September. Demand for RINL round bars remains high despite supply challenges.
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Secondary Steel Structure Prices Supported; Primary Prices Remain Stable
Secondary steel structure prices are supported with regional increases, while primary prices remain stable as SAIL, RINL, and JSPL roll over rates. Demand and supply dynamics show round bars in short supply in the primary market, though secondary supplies are sufficient and coal remains available despite earlier concerns.
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Daily Market Report
Structure Prices Soar Across Key Primary and Secondary Markets
Structure steel prices have increased significantly in both the primary and secondary markets, driven by supply shortages and rising demand. In the primary market, SAIL, VSP, and JSPL raised prices by Rs 1000-2500/ton. Secondary markets also experienced price hikes, with Chennai, Raigarh, Raipur, and Mandi seeing notable increases.
Read Story
Structural Steel Prices Remain Stable in Secondary Markets Amid Supply Issues
Structural steel prices remain stable, with SAIL increasing rates by Rs 500 this month. Supply issues persist in the primary market, especially for round bars and heavy sections. Secondary mills have sufficient stock but struggle with low demand and order delays. Meanwhile, JSW Steel reported a 1% rise in crude steel production last month.
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Structure Steel Prices: Market Remains Stable; Imports Rising
The primary steel market remains stable today, even though supply shortages persist, especially for round bars. On the other hand, secondary market prices remained mostly stable, with slight decreases in Hyderabad, where prices dropped by Rs. 200 per ton. Notably, India saw a 25% rise in steel imports during April-August, with exports dropping by 40%.
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