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Market Intelligence  ›  Price Gap  ›  BS 970 EN8  ›  South

BS 970 EN8 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.

Viewing a specific grade. Switch grade:
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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. 8,550
Current
+Rs. 8,550
28 RFQs · 114 listings
7 days ago
+Rs. 8,550
Buyers were willing to pay the same as today
28 RFQs · 114 listings
15 days ago
+Rs. 8,550
Buyers were willing to pay the same as today
28 RFQs · 114 listings
30 days ago
+Rs. 8,550
Buyers were willing to pay the same as today
26 RFQs · 111 listings
This gap is wider than typical for Carbon Steel in South (13.5% vs a 11.7% category average).
Direction in South has held at “buyers bidding higher” for 140 days.
Other Regions for BS 970 EN8
RegionDirectionCurrent7D15D30D
North Buyers bidding higher +Rs. 8,909 +Rs. 8,909 +Rs. 8,909 +Rs. 8,953
Central Buyers bidding higher +Rs. 7,281 +Rs. 7,281 +Rs. 7,281 +Rs. 7,281
East Buyers bidding higher +Rs. 8,543 +Rs. 8,543 +Rs. 8,543 +Rs. 8,594
West Buyers bidding higher +Rs. 808 +Rs. 794 +Rs. 808 +Rs. 759
Northeast NA NA NA NA NA
Demand above offer (positive gap)
Offer above demand (negative gap)
Insufficient data (< 3 each side)
Karnataka · NA Tamil Nadu · +Rs. 6,631 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.