Heavy structural steel prices (basic 150mm channel) remain stable for the third consecutive day today at INR 55,000/t in Raipur. Unclear market trends are keeping structural steel prices high. Although the lack of trades in the spot market is being observed currently, manufacturers are trying to keep prices firm in the hope of recovery in demand. Suppliers are offering discounts of INR 1,100-1,300/t, sources informed SteelMint.
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