Market Intelligence › Price Gap › BS 970 EN31 › South

BS 970 EN31 Steel: South Price Gap

State-level demand price vs offer price gap within South. 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

South price gap

+Rs. 4,337

Current

+Rs. 4,337

24 RFQs · 60 listings

7 days ago

+Rs. 4,337

Buyers were willing to pay the same as today

24 RFQs · 60 listings

15 days ago

+Rs. 4,337

Buyers were willing to pay the same as today

24 RFQs · 60 listings

30 days ago

+Rs. 4,074

Buyers were willing to pay Rs. 263 less than today

22 RFQs · 57 listings

This gap is narrower than typical for Alloy Steel in South (5.3% vs a 12.3% category average).
Direction in South has held at “buyers bidding higher” for 73 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
East	Buyers bidding higher	+Rs. 5,651	+Rs. 5,651	+Rs. 5,632	+Rs. 5,591
West	Market balanced	+Rs. 351	+Rs. 351	+Rs. 353	+Rs. 329
Northeast	NA	NA	NA	NA	NA

Demand above offer (positive gap)

Offer above demand (negative gap)

Insufficient data (< 3 each side)

Karnataka · Rs. -10,349 Tamil Nadu · +Rs. 8,587 Kerala · NA Andhra Pradesh · NA Telangana · NA Puducherry · NA Andaman And Nicobar Islands · NA Lakshadweep · NA

See activity (demand & supply) for South ›

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.