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Market Intelligence  ›  Price Gap  ›  BS 970 EN31  ›  West

BS 970 EN31 Steel: West Price Gap

State-level demand price vs offer price gap within West. 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
Market balanced
West price gap
+Rs. 351
Current
+Rs. 351
68 RFQs · 177 listings
7 days ago
+Rs. 351
Buyers were willing to pay the same as today
68 RFQs · 177 listings
15 days ago
+Rs. 353
Buyers were willing to pay Rs. 2 more than today
68 RFQs · 176 listings
30 days ago
+Rs. 329
Buyers were willing to pay Rs. 22 less than today
63 RFQs · 172 listings
This gap is narrower than typical for Alloy Steel in West (0.4% vs a 11.6% category average).
Direction in West has held at “balanced” for 110 days.
Other Regions for BS 970 EN31
RegionDirectionCurrent7D15D30D
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
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)
Maharashtra · +Rs. 664 Gujarat · Rs. -7,718 Goa · NA The Dadra And Nagar Haveli And Daman And Diu · NA
See activity (demand & supply) for West ›

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.