Market Intelligence › Price Gap › BS 970 EN31 › East

BS 970 EN31 Steel: East Price Gap

State-level demand price vs offer price gap within East. Colour shows the gap: blue where demand (RFQ) sits above offer (listing), amber where offer sits above demand. Grey where there is too little activity to show a gap. Click a state for detail.

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Live Signal Lifetime

Lifetime: The gap between buyer bids and seller asks, across everything ever listed on M-EX. Use this for the long view. For example, “Has this grade usually traded with buyers bidding above sellers?”

Market direction

Buyers bidding higher

East price gap

+Rs. 5,651

Current

+Rs. 5,651

23 RFQs · 45 listings

7 days ago

+Rs. 5,651

Buyers were willing to pay the same as today

23 RFQs · 45 listings

15 days ago

+Rs. 5,632

Buyers were willing to pay Rs. 20 less than today

22 RFQs · 45 listings

30 days ago

+Rs. 5,591

Buyers were willing to pay Rs. 60 less than today

21 RFQs · 42 listings

This gap is narrower than typical for Alloy Steel in East (6.9% vs a 11.8% category average).
Direction in East has held at “buyers bidding higher” for 111 days.

Other Regions for BS 970 EN31

Region	Direction	Current	7D	15D	30D
North	Sellers asking higher	Rs. -11,710	Rs. -11,710	Rs. -11,714	Rs. -11,698
Central	Sellers asking higher	Rs. -5,831	Rs. -5,831	Rs. -5,791	Rs. -6,613
West	Market balanced	+Rs. 351	+Rs. 351	+Rs. 353	+Rs. 329
South	Buyers bidding higher	+Rs. 4,337	+Rs. 4,337	+Rs. 4,337	+Rs. 4,074
Northeast	NA	NA	NA	NA	NA

Demand above offer (positive gap)

Offer above demand (negative gap)

Insufficient data (< 3 each side)

Bihar · NA Jharkhand · Rs. -26,391 Odisha · NA West Bengal · +Rs. 5,595

See activity (demand & supply) for East ›

Disclaimer: All information on this page is indicative only and derived from posted listings and RFQs on M-EX. It does not constitute a market price quote or investment advice. M-EX and GTE make no representations as to accuracy or completeness. Actual activity depends on quantity, quality, payment terms and other commercial factors agreed between buyers and sellers.