Heavy structural steel manufacturers in Raipur decreased prices by INR 2,000/t today to INR 56,000/t exw for 150mm channel. Prices declined by INR 3,000/t till this week. Due to a sharp fall in raw material prices along with inadequate trading and inactive buyers in structural steel forced manufacturers to decline offers consistently. Trade discount offered by suppliers is at around INR 1,000/t.
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