MS Beam
Mild Steel (MS) beams are cross-section structures, produced from steel billets. Beams are used majorly in the infrastructure and construction industry to lay t...
Ms Beam (E250 BR) 125 x 65mm in Raipur
₹47,800/MT
0.4%
2 hours ago
Pan India Delivery
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Daily Market Report
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Structural Steel Market Remains Under Pressure on Demand Concern
The structural steel market remains under pressure due to low demand. RINL faces supply issues, and while secondary mills in Raipur have resumed operations, overall market sentiment is weak. India's steel imports are rising, impacting prices and causing concerns among major steelmakers.
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Secondary Structure Prices Fall By Rs 200/ton in Raipur, Mandi and Durgapur Market
Secondary structure prices show downtrend in Raipur, Mandi and Durgapur while prices in Hyderabad a nd Chennai are stable. Wholesalers are offering further discounts due to low demand during monsoons.
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Structure Demand Reduced Due to Monsoon
Structure prices vary across different locations with stable trend in Raipur and declining price trend in Mandi. As far as the demand is concerned, it has gone down due to monsoon.
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Secondary Structure Prices Decline, Primary Maintains
Secondary structure market prices have dropped, while primary market prices remain steady. Despite advances, RINL’s round bar production struggles to meet demand, leading to shortages and premium pricing. Raipur’s secondary mills resumed operations after a protest, easing some supply concerns but new challenges, like potential coal shortages, loom.
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Secondary Structure Prices Drop, Primary Unchanged
Prices for secondary structures have decreased in Mandi, Durgapur, Hyderabad, and Chennai. In contrast, primary market rates remain stable with SAIL, RINL, and JSPL maintaining their prices. Demand issues persist, with secondary mills facing strain and Raipur mills on strike due to rising electricity costs.
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Structure Prices Stable in Major Markets After Recent Declines
Secondary structure prices are stable in Raipur, Mandi, and Durgapur, but down in Hyderabad and Chennai by Rs 200-300/ton. Primary rates from SAIL, RINL, and JSPL remain unchanged. Low demand affects secondary mills.
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Secondary Structure Prices Drop up to Rs 500/ton
Raipur's secondary structure prices dropped by Rs 500/ton, while Mandi fell by Rs 100/ton; prices in Durgapur, Hyderabad, and Chennai remain stable. SAIL, RINL, and JSPL have maintained their primary rates. The market is weak, facing pressure from low demand.
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Flat Steel Prices Stable, Participants Remain on Wait and Watch Approach
Flat steel prices remain stable as market participants adopt a wait-and-watch approach. Analysts monitor demand trends post-Diwali, anticipating potential shifts influenced by market sentiment and seasonal factors in the coming weeks.
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Primary Structure Prices Remain Strong, Secondary Slightly Changed
Primary manufacturers raised prices significantly, with SAIL and VSP leading. RINL’s operational suspension causes shortages, especially in round bars. Secondary market prices rise due to increased demand and limited billet availability, tightening supply across regions.
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Daily Market Report
Structural Steel Market Remains Under Pressure on Demand Concern
The structural steel market remains under pressure due to low demand. RINL faces supply issues, and while secondary mills in Raipur have resumed operations, overall market sentiment is weak. India's steel imports are rising, impacting prices and causing concerns among major steelmakers.
Read Story
Secondary Structure Prices Fall By Rs 200/ton in Raipur, Mandi and Durgapur Market
Secondary structure prices show downtrend in Raipur, Mandi and Durgapur while prices in Hyderabad a nd Chennai are stable. Wholesalers are offering further discounts due to low demand during monsoons.
Read Story
Structure Demand Reduced Due to Monsoon
Structure prices vary across different locations with stable trend in Raipur and declining price trend in Mandi. As far as the demand is concerned, it has gone down due to monsoon.
Read Story
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MS Beams FAQ
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