India: Structural steel prices rise by INR 500/t ($7) in central India

Heavy structural steel prices in Raipur have increased by INR 500/t, as per latest reports. The current offer for 150 mm channel stands at INR 46,700/t exw. However, sellers also offer trade discounts depending on the quantity and market requirements. Moderate demand and transactions in the spot market and increasing steel billet prices in the region have prompted manufacturers to increase structural steel prices, sources reported.


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