Market Intelligence › Price Gap › BS 970 EN8 › West

BS 970 EN8 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

Buyers bidding higher

West price gap

+Rs. 808

Current

+Rs. 808

225 RFQs · 485 listings

7 days ago

+Rs. 794

Buyers were willing to pay Rs. 14 less than today

223 RFQs · 485 listings

15 days ago

+Rs. 808

Buyers were willing to pay the same as today

221 RFQs · 483 listings

30 days ago

+Rs. 759

Buyers were willing to pay Rs. 49 less than today

210 RFQs · 466 listings

This gap is narrower than typical for Carbon Steel in West (1.4% vs a 18.0% category average).
Direction in West has held at “buyers bidding higher” for 112 days.

Other Regions for BS 970 EN8

Region	Direction	Current	7D	15D	30D
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
South	Buyers bidding higher	+Rs. 8,550	+Rs. 8,550	+Rs. 8,550	+Rs. 8,550
Northeast	NA	NA	NA	NA	NA

Demand above offer (positive gap)

Offer above demand (negative gap)

Insufficient data (< 3 each side)

Maharashtra · Rs. -74 Gujarat · +Rs. 2,064 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.