India: BF-route structural steel prices remain range-bound w-o-w

Domestic BF-route structural steel prices in the trade segment continued to remain range-bound this week amid slow demand. However, mills have reduced list prices m-o-m for early-April sales. Current prices-

• Angle (50x50x6, IS2062 E250 BR): INR 59,000-60,000/t ($720-732/t)
• Channel (100x50, IS2062 E250 BR): INR 58,500-59,500/t ($714-727/t)
• NPB (400x180x66.30, IS2062 E350 BR): INR 63,500-64,500/t ($775-788/t)
• Prices are exy-Mumbai, excluding GST at 18%.