Heavy structure steel prices in Raipur declined further by INR 300/t today and by INR 1,000/t so far this week. Current offers for 150 mm channel stand at INR 54,000/t. The manufacturers also offer trade discounts at around INR 1,000/t. Corrections in billets prices along with weak demand for structural steel in the spot market led to a decrease in offers, SteelMint learned.
Leave a Reply