SKS Ispat and Power Ltd – one of the major integrated steel plants in Raipur (Chhattisgarh), has reduced its heavy structure price by INR 500/t d-o-d consecutively for the second day. The current offer for basic 150 mm channel stands at INR 44,000/t exw. Lack of demand in structural steel and downtrend in semi-finished steel prices have resulted in price correction, sources told to SteelMint. The company produces a variety of structural products like Angles (from 50 mm to 200 mm), Channels (75 mm to 400 mm) and Beams (100 mm to 600 mm) including H beam
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