Ludhiana Iron Rates

Ludhiana is called the Manchester of India due to the large presence of industries in and around the city. The city of Ludhiana is one of the largest cities in India, north of Delhi and is in the state of Punjab. It is known for its bicycle manufacturing industry. Apart from bicycles; tractors, machines, small appliances, hosiery, garments, automotive and iron and steel industry have their base in Ludhiana.

Ludhiana Iron Industry

Ludhiana iron industry supports the functioning of other industries that Ludhiana is known for, such as bicycle manufacturing industry, machine parts industry, tractors and automotive industry and steel industry. Iron rods, scrap iron, iron ingots, iron billets, iron sheets, cast iron sheets, iron sheet coils and iron pipes are widely manufactured, traded and supplied by Ludhiana iron industry throughout Punjab and other parts of India.

Ludhiana Iron Trading

Ludhiana iron is quite strong and known for its durable nature. Ludhiana iron sheets, in particular have a high demand all over India as they not only are robust and have good strength but also have excellent finish. Labour is easy to find in Ludhiana as not only locals but migrant workers from Uttar Pradesh and Bihar are engaged in the iron industry. Overall, India has a high demand for iron and steel products at present and the newly introduced Goods and Services Tax (GST) has also been favourable for this sector. In such a setting, Ludhiana iron trading can be quite lucrative for new and seasoned investors alike.

Ludhiana Iron Rates

Investors who are interested in Ludhiana iron trading can find the latest information about Ludhiana iron rates and prices at Bigbits.in. Bigbits.in is a website that deals with updates on iron rates, historical iron prices, steel rates, historical steel prices, commodity market news and global market updates. An investor can easily make himself familiar with the workings of the commodity markets by visiting Bigbits. Incase the investor is traveling or has a busy schedule; he can opt for a SMS based paid service by Bigbits called the Bigbits Rate Tracker. This service sends a SMS to the investor’s registered mobile number the instant there is a movement in iron rates and prices. The service is also available for steel rates and prices, should an investor be interested in the same.