Construction material prices

[JollyRogers]

Can anyone let me know if there is a drop in Steel prices in Bangalore?

[velu]

Iam buying indus for 50K now..

[JollyRogers]

Thanks, I heard from the suppliers the prices of Steel is higher due to Power problems. (Dunno how true). Yesterday they quoted 48k for Prime Gold/Meenakshi steel and 54k for Indus.

[JollyRogers]

20 mm Jelly costs 20 Rs per cft, Cement Blocks 22 Rs. per block.

[m3_07]

BREAKING NEWS !!

Cement prices hiked by 10 to 12rs/ bag. all PPC hiked by 10 & OPC (birla super) by 12. Reason - ?????? Railways increases the frieght price. Estimated cost/ bag birla super @ 400 in next 2 months......appreciate comments.

[velu]

even the dealer from whom i was buying have incr birla to 325..earlier he was giving 315

[m3_07]

Steel - ISI standard at 53.5....expected to go to 58/ KG shortly.
Not sure on the impact of china planning to dump steel in India.

[JollyRogers]

Cement Bags ACC (PPC) - Rs.305, (last week it was Rs.295.)

[JollyRogers]

I heard the prices for Cement and Steel is already up since Budget. Can anyone post the current market rates please? (Various brands if possible), Thanks in advance.

[m3_07]

Friends....12th Mar...I posted steel @ 58. It is now 58. Not sure of the state budjet would have any bearing on further price escalation.

The dealer from where I buy steel has a storage capacity of close to 1000T. Imagine with this kind of a increase in price rise, he would make a cool profit of over 1C overnight.

Birla super now at 342.

I am told that the prices will cool down during monsoon.